How safe is Payoneer? I have heard that there have been some fraud cases. Is it true?

Symakhan
Symakhan Member Posts: 1
Hello Everyone

I am a freelancer by profession. In the start, I was working with local clients, but then some people suggested that I join Fiverr, and I am glad I did. Fiverr has opened up a whole new world of opportunities for me. It has allowed me to meet new people and work with clients from all over the globe. I am truly grateful to be a part of this community. But the problem is with the payment method. They are asking me to join Payoneer to get my payments. I have a bank account in a local bank, but the international clients are really uncomfortable with it. So to make the process easy for myself and also my clients, I have to join Payoneer and get the Payoneer card.
I hope it will help me get more clients and make it easier for them to make the payments. But before I join it, I have some questions that I need to answer.

How safe is Payoneer? I have heard that there have been some fraud cases. Is it true?

What are the charges for using Payoneer? I don't want to be surprised by any hidden charges later on.

Which bank account should I link my Payoneer account to? I want to make sure that I choose the right one so I don't have any problems later on.

What are the withdrawal limits? I need to know how much I can withdraw at a time to plan my finances accordingly.

Where can I find coupons or deals to save on my withdrawal process? Is there any such thing available?

I will be grateful if you can answer these questions for me. Thank you.

Comments

  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 377 ✭✭✭✭✭✭

    Hi @Symakhan,

    First of all, we are glad to hear that your business is going well, and you're interested in our service.

    Being a cross-border payment solution, Payoneer works under a robust, risk-based compliance program that addresses the regulatory requirements of our services. We also genuinely care about the safety of our customers' funds. That is why compliance with financial regulations is an integral part of our operations. Millions of customers find our solutions the most suitable for their business purposes and use Payoneer regularly.

    You'll find all the account fees on this page.

    Usually, you're requested to add your local bank account when you register, for a verification purpose and this is recommended. You can add after any bank account you wish to withdraw to.

    Regarding the limits, unfortunately I can't give you a precise answer as this may vary according to the bank account added to the Payoneer account and it's regulations.

    There are no coupons for our services but some partners offer some promotions. You can consult with Fiver if they do have any.

    I hope this answered your questions,

    Good luck!