Is payoneer mastercard allow to buy cryptocurrency ?

shamsul788
shamsul788 Member Posts: 2 ✭
in Ask The Community
hey payoneer community
I want buy crypto like bitcoin ,usdt ltc from binance ,trust wallet etc platform .can i buy ? if i can buy then what's the transaction fee for buying .thanks

Comments

  • JuanS
    JuanS Member Posts: 2 ✭
    Hello everyone, I recently opened a payoneer account and I would like to know if I can buy crypto on binance through your (virtual) card.
    and if I have to do something minimum to be able to use the card, soon I will receive my first payment through the platform, to make it clear that I will exceed the minimum amount of 100usd to order the card. thanks.
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭

    Hey @JuanS!

    Your card can be used to buy cryptocurrencies.

    Please note that any other activity related to the sale or exchange of cryptocurrencies is prohibited with all of our services.

    You can review this in section 20.2 of our Terms & Conditions.

  • JuanS
    JuanS Member Posts: 2 ✭
    Hello Kiara i want to know if i can buy in binance with the payoneer virtual card, because i saw in others post Payoneer send the physical card in 2-3 weeks and i need the purchase ASAP, thank you!
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭
    edited January 3

    Hi @JuanS !

    As mentioned above, it is allowed to purchase cryptocurrency using Payoneer card.

    But the card acceptance itself is subject to the merchant’s Terms and Conditions. It might happen that the merchant doesn't accept our type of card.
    Unfortunately, we cannot affect these decisions anyhow. You may try to contact the merchant to see if they can give you more specific details.

  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭

    Hi @shamsul788 ! Feel free to read the answers provided previously, I think they'll help you.

  • mubashirmadani
    mubashirmadani Confirm Email, Member Posts: 1 ✭
    edited January 3
    is it allowed to buy cryptocurrency via Payoneer card or not?
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭

    Hi @mubashirmadani , I'm moderator of this forum and I decided to move your question to this discussion as I feel it has been answered. If you have any further questions, feel free to reach out to me again.

  • ihrifat
    ihrifat Member Posts: 1 ✭
    I read some comments here about buying crypto using Payoneer cards. I saw it is permitted to use cards for buying crypto. But when I ask the same question in Payoneer live support, it says I cannot buy crypto using Payoneer cards. It is prohibited.
    Kindly, someone tell me directly, can I really use my card to buy crypto from Binance?
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭

    Hey @ihrifat ,

    Some other members were asking the same question. Feel free to read through this post.

    Your card can be used to buy cryptocurrencies.

    Please note that any other activity related to the sale or exchange of cryptocurrencies is prohibited with all of our services.

    If you want to know more about this regulation you can find our Terms & conditions in your online account.

  • sofiaortiz
    sofiaortiz Confirm Email, Member Posts: 2 ✭
    Ok so basically, we cannot buy crypto with our card. One of the sites I was looking into said that they do accept payoneer Europe.....maybe they dont accept a US payoneer card?
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭

    Hi @sofiaortiz, most Payoneer cards are issued in Europe now a days, we advise you to try again the transaction and make sure that you are entering the correct information.

    Also, it might happen that some merchants have specific regulations, and they end up rejecting the card.

  • USKDesignTeam
    USKDesignTeam Member Posts: 1 ✭
    Hi guys, can I use my GBP physical card to buy "cryptocurrency"? My country is Sri Lanka.
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 594 ✭✭✭✭✭✭
    edited May 16

    Hi @USKDesignTeam, I moved your question to this page as we were already discussing this topic. Feel free to also read through our previous comments.

    @Kiara_Payoneer said:
    Hey @ihrifat ,

    Some other members were asking the same question. Feel free to read through this post.

    Your card can be used to buy cryptocurrencies.

    Please note that any other activity related to the sale or exchange of cryptocurrencies is prohibited with all of our services.

    If you want to know more about this regulation you can find our Terms & conditions in your online account.

  • Aizaz
    Aizaz Confirm Email, Member Posts: 1 ✭
    Can i use my pakistani payoneer card to buy crypto from crypto exchanges
  • asifiwas79
    asifiwas79 Member Posts: 3 ✭
    As far as I know, by the August of 2023 I can use my physical and virtual Payoneer cards to top up balance on crypto exchanges like Binance etc, please correct me if I wrong.
    But, I want to know, can I use wire transfer (send money) option to top up crypto exchange balance? Also if crypto exchange offers direct top up using Payoneer account - is it allowed by Payoneer Terms of Service?

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