Questions about Payoneer security etc
paulwilliams
Member Posts: 26 ✭✭
Hello,
Is it recommended to leave bulk amounts of funds inside a Payoneer account?
I am concerned about online posts stating that Payoneer can take your funds without providing a reason. If this is not true , please set me in the right direction?
Obviously , having a bank account in my own name and funds is secure. However , the Payoneer account is not legally in my name and the associated Bank "First Century Bank" do not communicate which makes me concerned that there is no protection or recourse in the event of problems.
Advice please ?
Is it recommended to leave bulk amounts of funds inside a Payoneer account?
I am concerned about online posts stating that Payoneer can take your funds without providing a reason. If this is not true , please set me in the right direction?
Obviously , having a bank account in my own name and funds is secure. However , the Payoneer account is not legally in my name and the associated Bank "First Century Bank" do not communicate which makes me concerned that there is no protection or recourse in the event of problems.
Advice please ?
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Comments
If I use the card - the card company will charge 3% on the transaction
+ $2.15 per transaction
Is this all?
When loading the card , I am charged :
1% + $1.50 for every card load?
Why Does Payoneer charge 1% and then another $1.50 for every card load ?