Payment on a Friday?

az123
az123 Member Posts: 9 ✭
in Ask The Community
Hi I have a question when ever I receive payments in to my Payoneer account they never clear on a Friday, I received payments this week Mon, Tues,Wed all verified within 5/6 hours. Payments in today and yesterday still pending? And I don't expect theme to clear today Friday. So annoying can someone answer this please.

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  • az123
    az123 Member Posts: 9 ✭
    edited June 2018 Answer ✓
    Deleted

Answers

  • Adam_Payoneer
    Adam_Payoneer Administrator Posts: 1,021 ✭✭✭✭✭✭✭

    Hi,

    It's a great question, although I usually come across this question for payments that have yet to be reflected in the account (meaning pre-pending status).

    If that is what you meant, it usually comes down to the time of day. Even before my time in Payoneer I found out for myself that my paycheck would not always be available on a Friday, forcing me to wait until Monday after the weekend to pay my bills/rent.

    As the ole saying goes, it takes two to tango. In this sense and in many cases, it all comes down to the time of day the sender of the funds initiated the transfer and the time of day the bank received received the request.

    I am not saying you are not right as I feel your pain, but I feel that this is an aspect of international transfers that will not go away anytime soon.

    You can read the following blog I wrote a while back which covers several reasons international transfers may seem delayed but in fact are working in accordance to industry standard.

    I hope this answers your question.

    Happy and willing to answer general questions.

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

  • az123
    az123 Member Posts: 9 ✭
    Thanks for the response but what I am saying is that the payment enters my account on any given day at the same time roughly. It then takes a few hours to go through the approval procedure and I can access the funds same day. On a Friday nearly always it doesn't happen...like today I am left waiting and I don't hold out any hope for the funds getting approved today.

    There is clearly an extra wait time for funds to get approved by Payoneer on a Friday I don't know if its just busier or what but that is how it is. I would love some continuity that is all. It has nothing to do with the payments been sent to me just the approval times variance by Payoneer.

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