Payoneer is the financial technology company empowering the world’s small and medium-sized businesses to transact, do business, and grow globally. Payoneer was founded in 2005 with the belief that talent is equally distributed, but opportunity is not. It is our mission to enable any entrepreneur and business anywhere to participate and succeed in an increasingly digital global economy. Since our founding, we have built a global financial stack that removes barriers and simplifies cross-border commerce. We make it easier for millions of SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid, manage their funds across multiple currencies, and grow their businesses.
The company enjoys a generally positive reputation, particularly for its customer service, which is frequently described as responsive, knowledgeable, and supportive. Many customers appreciate the efficiency and clarity of the representatives, highlighting their commitment to resolving issues effectively. However, some reviews indicate frustrations with initial service experiences, particularly regarding account access and verification processes, which can lead to significant delays and dissatisfaction. Overall, while the company excels in providing a user-friendly platform and reliable support, there remains a need for improvement in training and consistency across all customer interactions to enhance the overall experience.
This summary is generated by AI, based on text from customer reviews
Really was a good company until recently. Trying to get your hard earned dime by all means. Standard load is refreshed after the two days making that a total 4 days waiting for money. Very annoying tricks and tendencies just to rob 2.5 dollars? Seriously?
I don't even want to give 1 star. My husband has been trying to get commission transferred to his bank account for 3 weeks- and its a frickn joke. Everything we send them is not right yet they cant really tell us what else they need. We need 1 correction on his application to be approved and they wont change it. It was a honest mistake. ( He used his middle name that he goes by instead of his legal first name) Their last representative told us to "move on and create another account with our company and start "fresh". So pretty much told us we will never get any of the money we earned. Worst part, I have my own Payoneer MasterCard for a business I work for as well and Payoneer cancelled my card due to suspicious activity. THEY put a hold on my card- than charged me $9 to send me a new one and now its been 5 weeks and no card yet :( There goes all our hard work to have some extra spending money for our children's Christmas. Overal BAD experience and we have filed 3 complaints to our company relations and I hope they dump Payoneer all together.
Payonner exchange rate sucks for India,
Check http://community.payoneer.com/discussion/*******/very-low-exchange-rate-used-to-transfer-my-latest-payment?new=1
Maybe they will delete the topic so this is my post over there.
HI
I recently asked the payment from fiverr and got very less exchange rate and I asked them in support and got their reply as
"The Global Bank Transfer fee in your local currency is $3 per transfer.
The currency exchange rate is 2.75% above mid-market rate at payment transfer time."
Pretty unprofessional and they did not understand my query.
That day exchange rate was 1 US Dollar = 61.94 Indian Rupee
http://prntscr.com/5c6bom
Payment Amount: $1041. 00
Transfer Fee: $3.00
Amount Transferred: *******. 28 INR
Proof: http://prntscr.com/5cprzx
This is no where make near the exchange rate.
$1041. 00 - $3 = $1038
*******. 28/1038 makes 53.20 INR per US dollar?
SO AVOID PAYONEER.
Boo! It took me a more than a month just to change my account details. Their representatives just keep on saying that the documents I provide are incorrect, did not even give me the actual information they need. They just keep on passing back my documents, saying it's not what they need. Been going back and forth to my bank! Such a shame. Creates a lot of hassles both on my part and my bank, I also have other businesses to attend to aside from wasting time talking to them!
I have been a very happy payoneer customer until the day my account was blocked.
I am working as freelancer and most of my customers use to pay to my paypal account which then loads the money to my payoneer card, every thing was ok until the day I changed my password. My account was blocked so I called customer service and they asked me several questions to verify my ID and I answered them all but one question which is the secret question. As a matter of fact the secret question I had from payoneer once I registered to their service was about what time of the day I was born. And the answer is morning time, I have a screen shot of my screen when I made my registeration first time so I answered according to that and the support guy from the phone said wrong answer and then hangup on me. I called again and they said my account is closed and payoneer can't have a business with me. I tried several other calls and exchange of emails, and they always have one answer. We are sorry we can't have business with you.
I am very angry now because my business is suffering from this and I felt really bad. I am deeply sorry that payoneer deals me that way and caused me much trouble.
I would advise any one using payoneer to be extremely cautious with payoneer and try not to give them any reason to close your account. Other than this sad story of mine I would have said that payoneer is a perfect solution for some one in a situation like mine.
The worst part of all is that I have an affiliate program with them and I use to bring good money using it and now I can't make money for the work I've done.
Terrible customer service! Inadequate replies to my requests for the return of a security deposit I gave them for my daughter's Birthright trip. Couldn't give me a credit on my charge, couldn't complete a bank transfer and then - yes, the check's in the mail! NO, it wasn't and now 6 months later they are looking into it?
So frustrating, and par for the course it's been on me to stay on them to try to get my refundable deposit returned... still trying!
KarenK
Totally not impressed at all with this so called business. They declined my withdrawls to my checking account the only 2 times I have tried to withdrawl, I checked my information and everything matches. I call them and they have no clue what I am talking about but I have emails from them stating they will not transfer. She asked me for my phone number because she is clueless and is going to call me back... that was over an hour ago! I guess I should have asked her what day or year I was going to get a call back. I replied to one of their emails, I got a reply back that I should get another reply back in 4 business days. I am so taking all of my money out of this crap whole and closing this account! Don't waste your time or your money on this!
A pack of idiots! I was registered to payoneer.com now 2 years ago but im not used the card or activate my account because i used my bank account. Now when i come back and i go to support chat because i was not remember my email. Whey ask me to put money in the account theat i can access it! Its ensaine! Wtf? How do ii trust to send money to my account if i cant see? $#*!ing morons, creap website.
Payoneer.com steal your money by blocking your card and do not respond to customers' email to timely. Really payoneer does not worth at least 0.01 cent. I recommend do not waste your time working with payoneer. They really stupid people do not give you good customer support. I had $456.22 in my payoneer account they blocked my card for some unauthorized transactions now my card is blocked. When I contact them they are silent not responding to my email. Sometimes live chat is always offline. This is gonna be big scam website in future so beware.
Payoneer steal the money! Just blocked your card and support can tell 1 word "please wait". I wait 2 month, and nothing change, it is so sadly...
Since 3 years i'm using Payoneer Debitcard and their Virtual banking service. Of course their transaction fee and service charges really affordable than any other local banks. But They are taking too much time to respond their customer questions. Better they should appoint more frontline support center officers to resolve this delay issues.
Answer: Definitely a scam, they are not listed on the The Mastercard Compliant Service Provider List of which anyone can view and download directly from Mastercard https://www.mastercard.us/en-us/merchants/safety-security/security-recommendations/service-providers-need-to-know.html If Payoneer is legit why isn't it on the list like Paypal and alllll the other legit companies? It is because they are NOT legit and they are a scam!
Answer: Christian seriously advising u stay away from them except u have too much money to give to that company, not legit, I'm still chasing Payoner for my money I mean thousands. Don't go anywhere near them. Goodluck
Answer: Definitely a scam, they are not listed on the The Mastercard Compliant Service Provider List of which anyone can view and download directly from Mastercard https://www.mastercard.us/en-us/merchants/safety-security/security-recommendations/service-providers-need-to-know.html If Payoneer is legit why isn't it on the list like Paypal and alllll the other legit companies? It is because they are NOT legit and they are a scam!
Answer: Hi there, I am sorry to hear about this. Please provide the ticket number associated to the email correspondence you had with our Support center. If you are unable to locate this number, please provide your customer ID and email associated to your Payoneer account. Thanks, The Payoneer Team
Answer: The limit is indicated on the site, I think it is about $2500, you m a y be limited by the amount of cash your at will give out per transaction but you can withdraw 2 or 3 t I'm es in one day until you reach the limit
Answer: Hi Zeeshan! Please, DM us with your customer ID, or submit your request using this link https://paynr.co/3stgqCc.
Answer: Hi Bisrat. Sure! Please DM us with your customer ID and we will be happy to assist you.
Answer: Hi Bisrat, thank you very much for reaching out. We are sorry to hear about these difficulties that you are experiencing trying to contact us. Please be advised that you can use this form to get in touch with our Customer Support: https://paynr.co/ask Alternatively, you may provide you customer ID here so that our representatives can contact you. Thank you for your cooperation and understanding!
Answer: Hi Jo! We hope that our Customer Care representatives were able to assist you with your issue. If you still need any help with updating your personal details, please don't hesitate to send us a PM here, we will check what can be done to facilitate the process for you. Stay well!
Answer: In today's borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries and territories to connect with each other and grow globally. With Payoneer's fast, flexible, secure and low-cost solutions, marketplaces, networks, businesses and professionals throughout the world can pay and get paid globally, as easily as they do locally. We work 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. Compliance with financial regulations is an integral part of our operations. We believe that right now we are offering competitive prices for the services that we provide. At the same time, we are constantly working to find ways to lower them.