Which is the best partner to sign up for Payoneer with, or is it best to sign up directly?

Account
Account Member Posts: 4
I heard you will be assigned to a different banking partner, also fees, maybe benefits might be different. Which is the best way to sign up with Payoneer in the first place, and what are the benefits I'm getting with it?

Comments

  • Adam_Payoneer
    Adam_Payoneer Administrator Posts: 1,021 ✭✭✭✭✭✭✭
    For the best fees, check to see if your coutnry is supported for withdrawing funds to your bank account. Countries supported for this service can set up a balance account that has no set up or maintenence fees for the service. This means you will only pay fees associated to withdrawing your money everytime rather than have to deal with ATM, cross border and currency conversion fees for every transaction that is being made.

    You check to see if your country is supported on our website by clicking here. If your country is not mentioned in the drop box on that page, then the only account type available for you at this time is a Payoneer Mastercard Account. 

    Happy and willing to answer general questions.

    For any inquiries directly associated to your Payoneer account, please contact Payoneer's Customer Care Support Center.

  • Account
    Account Member Posts: 4
    edited September 2016
    @Adam_Payoneer my country is supported for withdrawals but still, there may be other differences between partners like card fees as @lucy_girl mentioned, right? If someoen, you should know it!

    @lucy_girl you wrote: "choose a parthet (founder source that have a low fee )"
    I Googled for a company called "founder source" as a Payoneer partner, no luck. Maybe I completely misunderstood your English.

    First, if my understanding is correct, regardless of which partner you sign up under, you can work with all partners anyways. Second, I'm an independent freelancer, I'm getting paid directly, I just want to sign up through the most beneficial partner... just for the sake of signing up through the most beneficial partner. If one partner can give me a card with better conditions, I'm not stupid not to sign up through that partner. Makes sense, right? :smile: < Your smiley face emoji doesn't work. Why?
  • Adam_Payoneer
    Adam_Payoneer Administrator Posts: 1,021 ✭✭✭✭✭✭✭
    Account said:
    @Adam_Payoneer my country is supported for withdrawals but still, there may be other differences between partners like card fees as @lucy_girl mentioned, right? If someoen, you should know it!

    @lucy_girl you wrote: "choose a parthet (founder source that have a low fee )"
    I Googled for a company called "founder source" as a Payoneer partner, no luck. Maybe I completely misunderstood your English.

    First, if my understanding is correct, regardless of which partner you sign up under, you can work with all partners anyways. Second, I'm an independent freelancer, I'm getting paid directly, I just want to sign up through the most beneficial partner... just for the sake of signing up through the most beneficial partner. If one partner can give me a card with better conditions, I'm not stupid not to sign up through that partner. Makes sense, right? :smile: < Your smiley face emoji doesn't work. Why?
    You are asking really good questions. You can connect your Payoneer account with multiple funding sources so you are not restricted to one payment source or method, but If you plan to have a Payoneer Mastercard account only and not the standard Payoneer Account, the card fees that apply for the service are basically for the monthly maintenence fees or a one time sign up fee for the service. The fees here (in my personal opinion) don't matter much but as a person who owned multiple credit cards in the past, one thing I would love to avoid is additional card fees.

    When adding multiple partners (funding sources) to your Payoneer account, keep in mind that loading fees that apply are done in accordance to the agreements between Payoneer and the partner. Some partners don't charge loading fees while others do. As with the majority of the partners, the loading fees are usually around $0-$3.

    As I mentioned in the previous comment, I highly recommend you set up the standard Payoneer account in order to reduce costs for having an account with us. If you have no need for the card, just withdraw the money to your bank account.
    From the people i talked too, the only reason you should consider getting a Payoneer Mastercard if you don't have any other type of international card you can apply for (for instance for online shopping and travel). 

    If you need the card travel or international purchases, I say go for it. If you have the card issued directly through Payoneer (and not signed up directly through a partner site), you should only expect to pay a yearly annual fee ($29.95 once a year) and possible ATM fees should you plan to make a lot of cash withdrawals.
    You can easily order it from your balance account as an extended part of the service. 


    In regards to Emoji's, I wouldn't know. I created this awesome meme to post, but unforetunately:
    A. I am unable to find a way to upload it.
    B. There's a baseball bat lying around somewhere that someone might use on me   (o_o)'

    Happy and willing to answer general questions.

    For any inquiries directly associated to your Payoneer account, please contact Payoneer's Customer Care Support Center.