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Question about Payoneer...would you recommend it over Paypal?


gwenhwyfar37

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Hi all…(the new look seems very different) I am asking about Payoneer, when offered an opportunity to use it for direct deposit opportunity. I’ve been a loyal Paypal user for a long time (especially if you are going to purchase anything on eBay or some other place) My big question is re: fees. Security at Paypal is top notch (a good thing) I wonder why I was not offered a direct deposit opportunity through them?

Some article I read said something about a $29.95 fee that would be incurred through Payoneer; I could have misread something there…something about a Master card? (I’m not interested) Can someone enlighten me a little? Security is important too, but I don’t want to be nickeled and dimed for everything.

Thanks in advance!

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Unless you want to use payoneer for buying stuff online, I don’t think there’s anything to worry about.

I have used payoneer and it is a good platform for direct deposit of money.

I live in India and it takes PayPal around 5 days to deposit the money to my bank account. But with payoneer, the transaction time was 24 hours. It is automatic.

I think it is for Indian customers, but you can always send a message to the support team there and they will help you understand the platform better.

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I just used it for the fist time, it works fine but I would only use it to transfer a big amount as they charge 3 dollars just for that, and if you are outside the US apparently 2% of the whole amount for currency conversion which is really a lot, I think paypal charges less than that for currency conversion?

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Paypal forces to use local currency in my region, also it can happen that out of nowhere they will “temporarily” lock your account with all funds being frozen up to 6 months, especially it should concern people ourside US, Europe… They did that to me and their support is absolutely useless when it comes to such cases. I prefered paypal before, now payoneer is the best solution that allows me to receive what I actually earned. Thanks fiverr for working with payoneer.

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I just got an email that Payoneer saying they can’t transfer my money to my bank. They already have my information but are now asking me to send a voided check or bank statement. This seems phishy to me.

Over a week after attempting my first direct deposit and I still don’t have my money. I won’t be using Payoneer again.

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I used both and I can say both of them are good I’m outside the Us but it works awesome for me I use Payoneer for withdrawing money cash and PayPal for online purchases as its more secured than a Credit Card but I agree that Payoneer is better for me as PayPal not free in my country you have to pay about $60 to $65 each year

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