What are the best aspects of this product?
What I like most about Payoneer is the fact that it automatically converts the payments I receive to the currency I use mainly in my bank accounts. The fees for this isn't as high as compared to other services even. Moreover, signing up with Payoneer is a fast procedure and I got my physical card in less than a month. Requesting a card is cheap as well.
What aspects are problematic or could work better?
Payoneer's payment processing time is too long--it takes 3 days for a payment to reflect in my bank account. There are times when I have to wait longer. Plus, I find it inconvenient that I need to reach the 50 dollar-level before I can transfer money to my bank accounts. It is also very limiting that Payoneer restricts transactions to 15 a month, which stops me from getting more work. There is also the problem of not being able to pay for my purchases at the register because Payoneer's card transaction rate is expensive.
What specific problems in your company were solved by this product?
Payoneer has given me another income stream because of its new user referral program.
Are you a current user of this product?
Yes
What is your company size?
More than 100 Employees
What is your industry?
Consumer Services
EU Office: 1 Agios Georgios Street, 7600 , Athienou, Larnaca, Cyprus
US Office: 120 St James Ave Floor 6, Boston, MA 02116
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