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Payoneer?

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#21 by msblahms » Sat Feb 11, 2017 07:21

they even charge for receiving funds
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#22 by Asish07 » Sat Feb 11, 2017 07:40

rajib9 wrote:
Asish07 wrote:
rajib9 wrote: i register yesterday for payoneer but i am not able to see my bank details when i was login.guys what should we give for purpose code.

bank details are not there for security reason...but u can check/change it if u want....u have to email them with your info and a copy(scanned) of voided check.......little bit of hassle to be honest.

I used "market research and ...." for purpose code.

then how we will verify our bank account (like paypal).how we come to know whether we can do bank transaction.

it is mentioned in their FAQs to verify bank account or to change it you have to contact them through their email along with your info including a copy of voided check....

i am not sure how to request for payout from Payoneer yet.....i guess i'll know once i get the money into Payoneer account.
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#23 by msblahms » Sat Feb 11, 2017 07:42

payoneer automatically transfers any balance to your local bank account in INR on a daily basis just like paypal
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#24 by Asish07 » Sat Feb 11, 2017 07:52

msblahms wrote: payoneer automatically transfers any balance to your local bank account in INR on a daily basis just like paypal

that's good to know...thanks

do you happen to know the exchange rate Payoneer provides? and how much the major banks in India charges to receive money from Payoneer?
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#25 by msblahms » Sat Feb 11, 2017 07:54

i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions
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#26 by Asish07 » Sat Feb 11, 2017 07:58

msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

really??? then what are we crying for over this Paypal thing? it only $2 processing fee and the exchange rate is as usual...
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#27 by obiaubin » Sat Feb 11, 2017 08:20

msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

You might want to check with your bank about it. They don't "deposit" money into your account like PayPal does. The send it by "wire tansfer", so you might want to ask your bank how much they charge to accept one. My bank charges a fee of $17.50 just to accept a wire transfer. That's just what the bank charges me. That's on top of the fees Payoneer charges.
Last edited by obiaubin » Sat Feb 11, 2017 09:00 » edited 1 time in total
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#28 by pritom15 » Sat Feb 11, 2017 08:30

Can we use Paytoo.If yes then what is fees to withdraw money from Paytoo
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#29 by msblahms » Sat Feb 11, 2017 08:44

from paytoo to bank outside US $8.00 for US $4.00
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#30 by superuser22 » Sat Feb 11, 2017 08:48

paytoo fee very high. :(

Cash out to your own Bank Account (US Banks) $4.00 USD
Cash out to your own Bank Account (International Banks) $8.00 USD
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#31 by cutesy » Sat Feb 11, 2017 08:48

Hi msblahms,

That's great to hear that payza maybe be an opion again. Will that also include USA payza accounts. Theirs been issues, etc a few times with them. Thanks for your post.
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#32 by CodeNameX » Sat Feb 11, 2017 08:52

Asish07 wrote:
msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

really??? then what are we crying for over this Paypal thing? it only $2 processing fee and the exchange rate is as usual...

And that 2$ is paid by ClixSense i mean if you have 50$ in ClixSense and cashout you will receive NET 48$ in Payoneer, ClixSense covers the fee that they cut when you cashout.
btw i am using Payoneer and it is best option for me in Pakistan. Free bank transfer
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#33 by msblahms » Sat Feb 11, 2017 08:56

obiaubin wrote:
msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

You might want to check with your bank about it. They don't "deposit" money into your account like PayPal does. The send it by "bank wire", so you might want to ask your bank how much they charge to accept one. My bank charges a fee of $17.50 just to accept the bank wire. That's just what the bank charges me. That's on top of the fees Payoneer charges.

most private banks in india do not charge money for inward payments and even couple of government banks i am aware of do not charge for inward payments
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#34 by Hafiztasker » Sat Feb 11, 2017 08:58

CodeNameX wrote:
Asish07 wrote:
msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

really??? then what are we crying for over this Paypal thing? it only $2 processing fee and the exchange rate is as usual...

And that 2$ is paid by ClixSense i mean if you have 50$ in ClixSense and cashout you will receive NET 48$ in Payoneer, ClixSense covers the fee that they cut when you cashout.
btw i am using Payoneer and it is best option for me in Pakistan. Free bank transfer

Dear can we Transfer from paynoor to uble Debit card or can we withdraw directly from any ATM by using Payoneer in pakistan?/
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#35 by msblahms » Sat Feb 11, 2017 09:03

cutesy wrote: Hi msblahms,

That's great to hear that payza maybe be an opion again. Will that also include USA payza accounts. Theirs been issues, etc a few times with them. Thanks for your post.

payza charges are higher than payoneer and regarding issues payza is always with some legal issues in USA do not know much but will not prefer if in US or anywhere on earth
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#36 by Asish07 » Sat Feb 11, 2017 09:05

CodeNameX , msblahms and Brian(i asked CS about the charge too)..... thank u for clarifying this...

then it's only $2 and currency exchange slippage......good

this $2 fixed charge is actually going to be beneficial if we withdraw more than $100......

so Payoneer is not that bad as it seemed initially.
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#37 by msblahms » Sat Feb 11, 2017 09:08

Asish07 wrote:
msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

really??? then what are we crying for over this Paypal thing? it only $2 processing fee and the exchange rate is as usual...

some mentioned about payoneer charging $2.00 for every transaction i guess for every 100 dollars making it 2% and than $2.00 again for the next 100 so to make it even we must cashout at <= $100.00
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#38 by msblahms » Sat Feb 11, 2017 09:27

Hafiziqrar2 wrote:
CodeNameX wrote:
Asish07 wrote:
msblahms wrote: i don't think bank will charge anything and exchange rates are more or less same for these kind of transactions

really??? then what are we crying for over this Paypal thing? it only $2 processing fee and the exchange rate is as usual...

And that 2$ is paid by ClixSense i mean if you have 50$ in ClixSense and cashout you will receive NET 48$ in Payoneer, ClixSense covers the fee that they cut when you cashout.
btw i am using Payoneer and it is best option for me in Pakistan. Free bank transfer

Dear can we Transfer from paynoor to uble Debit card or can we withdraw directly from any ATM by using Payoneer in pakistan?/

if you have bank account with UBL you can get money directly in your account and use by any means
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