business that provides online money transfer and e-commerce payment services. Payoneer is a registered Member Service Provider (MSP) of MasterCard worldwide. The company is headquartered in New York City.
Payoneer was founded in 2005 with $2 million in seed funding from then-CEO Yuval Tal and other private investors. Israeli venture capitalist firm Greylock provided an additional $4 million in funding in 2007. It has also received funding from Carmel Ventures, Crossbar Capital, Ping An, Susquehanna Growth Equity and Nyca Partners.Payoneer board members include former Visa president Hans Morris and former SWIFT CEO Lazaro Campos. Companies using Payoneer include Amazon, iStockphoto, Elance, Google, 99designs, Welocalize, Fiverr, 123RF, Digital River, Quantium Solutions, uShip, and Airbnb.
I am a happy customer for several years now. Been through two cards, after my first expired recently they sent a new card which arrived okay within 3-4 weeks.
Over my time with them, I have always received prompt payments and transfers. Never had to fight with support or anything like the other reviewers here have experienced.
The service that Payoneer provides is unique and totally useful for me. I've used it for receiving freelance earnings and affiliate commissions from various US companies, most of whom I wouldn't be able to receive money from otherwise. Especially not with Paypal.
If you don't follow the rules they set out, you will probably be disappointed. It's not their fault, there are lots of regulations for international transfers and they do a great job of making it easy to receive cash over borders. They jump over hoops so you don't have to.
Tip for consumers: My advice for everyone thinking of using Payoneer is this: if you want to receive money from a client or company that Payoneer hasn't explicitly approved - ask Payoneer support about it before going ahead with the transaction. They're actually really friendly and helpful people, even when they're not sure what you're asking (again, maybe not their fault...)
Users are given the flexibility of choosing how to receive their funds, by the method that best suits them.
1. Scale Your Business.
by sending mass payouts using our powerful APIs.
2. Grow Globally.
by tapping into Payoneer's network of millions of customers worldwide.
3. Reduce Costs.
by up to 90% and provide your beneficiaries with better rates.
4. Enjoy Maximum Flexibility.
with multiple payment options in every country.
- Offer Payoneer as a payment option to your beneficiaries
- Add Funds to your Payoneer Mass Payout account
- Disburse Funds to your users worldwide
For best and quickly money tranfers you can use Payoneer with 25$ account register bonus.