It’s not the most convenient way because it involves a lot of additional movements. Their card was useful in many ways. I could just withdraw the required amount, pay taxes and forget about it.
Payoneer cards were banned in Russia because Payoneer refused to register with local tax authorities (at the same time, PayPal managed to register in a proper way).
Here are the main problems I faced since May:
- It’s impossible to get your money during long holidays and weekends.
- The largest state bank rejects Payoneer payments because they use strange payment descriptions, which trigger security systems. The largest private bank does the same.
- Payoneer customer support has no idea about the process of money withdrawal. When you ask them about the information provided to the bank, they say: “It’s only your name.” When I showed them screenshots below, they were like: “Well, maybe it’s not your name. We have a lot of partners, so there’s no way to know it.”
In fact, it says the following:
(Foreign exchange transaction 20200 (Payment for services), VAT has to be paid separately).
The payment was made by Citibank Ireland (with a lot of , after it).
There were no issues when they used the following description:
For now, I have to switch to PayPal with their rates and fees…