a question about Payoneer's origin

MrRzMrRz Member Posts: 3
is Payoneer considered a forex transfer firm or a remittance service like paypal?
cuz each of these have different payout policies in Europe based on their administrative functions designated by the EU.

Comments

  • KazPayoneerKazPayoneer Confirm Email, Member, Administrator Posts: 1,566 ✭✭✭✭✭✭✭

    Hi there,

    We are not considered a forex transfer firm or a remittance service. We are considered to be a Money Service Business (MSB), and a licensed money transmitter under US law.

    Thank you!

  • MrRzMrRz Member Posts: 3
    > @KazPayoneer said:
    > Hi there,
    >
    > We are not considered a forex transfer firm or a remittance service. We are considered to be a Money Service Business (MSB), and a licensed money transmitter under US law.
    >
    > Thank you!

    so can you please explain to me how your fees are going to be if I were to rec
  • KazPayoneerKazPayoneer Confirm Email, Member, Administrator Posts: 1,566 ✭✭✭✭✭✭✭

    The fees are not any different from the normal account fees, which all depend on how you receive payments. You can view the specific fees for your account in your online account under "pricing and fees".

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