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Old 11-07-2010, 07:56 AM   #1
VforVendetta
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LOlll Payooner charge cross border fee also in p2p transaction

Yes, i sent to a person 981$ with their simil p2p page, i spent 1019$ for their fees + cross border fee!!!! So finally i pay 1034$

absurd....

about cross border fees:

Quote:
A similar fee is applied when your MasterCard card is used in USD but in a country other than that of the issuing bank. The combined processing fee charged with the Payoneer card, including MasterCard® and bank charges, can be up to 3%. Please note that currency conversion fees and cross border fees are charged by all banks and by MasterCard, and the fees charged with Payoneer cards are among the lowest in the market.
so their p2p transaction are from a different bank of the issuing bank ? Bah...
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Old 11-07-2010, 07:58 AM   #2
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cross border cocks fee
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Old 11-07-2010, 08:02 AM   #3
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and people say paypal fees are high
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Old 11-07-2010, 08:03 AM   #4
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
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Old 11-07-2010, 08:09 AM   #5
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
$7-8 on what amount?
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Old 11-07-2010, 08:20 AM   #6
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
With Paxum withdrawal in USD will cost you only $2 per transaction.
With Payoneer it's $3 + 1,8% of total amount.
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Old 11-07-2010, 09:24 AM   #7
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With Paxum withdrawal in USD will cost you only $2 per transaction.
With Payoneer it's $3 + 1,8% of total amount.
Is that an 1.8% 'inhouse' fee on top of whatever fx fee the bank/mastercard takes?
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Old 11-07-2010, 09:44 AM   #8
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
the only way I can see this happening is if the ATM that you used had a small withdrawal limit. Our limit is $2,500 per day, and if you want to take that out in one complete transaction you are able to.

We have absolutely no control over ATM withdrawal limits imposed by the machine itself.

We only charge $2USD per transaction, worldwide, and there are no hidden fees added on top at all. What you see is what you get - $2USD for an ATM withdrawal, period.
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Old 11-07-2010, 11:18 AM   #9
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the only way I can see this happening is if the ATM that you used had a small withdrawal limit. Our limit is $2,500 per day, and if you want to take that out in one complete transaction you are able to.

We have absolutely no control over ATM withdrawal limits imposed by the machine itself.

We only charge $2USD per transaction, worldwide, and there are no hidden fees added on top at all. What you see is what you get - $2USD for an ATM withdrawal, period.
Can we go to a BMO teller and get the 2500 in one shot ?
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Old 11-07-2010, 11:20 AM   #10
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serves you all right for jumping on the bandwagons of these new fly by night payout methods.

none of you who jumped on any of those wagons for any of these new vulturing services have any room to complain.

lie in the bed you made yourself.
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Old 11-07-2010, 11:20 AM   #11
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
Can you email me your account [email protected] and ill see why you got a $8 fee on your withdraw

thanks
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Old 11-07-2010, 11:21 AM   #12
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Can we go to a BMO teller and get the 2500 in one shot ?
If the BMO atm machine lets you take out 2500 in one shot - sure.
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Old 11-07-2010, 11:31 AM   #13
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If the BMO atm machine lets you take out 2500 in one shot - sure.
No lol not at the ATM I'm asking can a teller (live person) do the transaction ?
Atm always have low limits
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Old 11-07-2010, 01:27 PM   #14
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wtf os that? I used almost 10 different p2p services like epass, mb, paypal and so on and not a single one had such a bullshit... Say NO to them if so
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Old 11-07-2010, 03:59 PM   #15
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No lol not at the ATM I'm asking can a teller (live person) do the transaction ?
Atm always have low limits
My local BMO limits withdrawals to CA $1000 per transaction. That's good enough for me.
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Old 11-07-2010, 04:03 PM   #16
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Fuck Payoneer.
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Old 11-07-2010, 05:02 PM   #17
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serves you all right for jumping on the bandwagons of these new fly by night payout methods.

none of you who jumped on any of those wagons for any of these new vulturing services have any room to complain.

lie in the bed you made yourself.
Disagree. Without early adopters there would be no history, no user experiences. It's those people that alert the more conservative folks of potential issues.
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Old 11-07-2010, 11:33 PM   #18
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who is i-payout?............are they better than payoneer bull shit?
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Old 11-08-2010, 01:51 AM   #19
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too high fee
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Old 11-08-2010, 02:59 AM   #20
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Right now I am only using CashX, Paypal and Paxum as viable options to handle my money and of course my CC processor.
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Old 11-08-2010, 05:14 AM   #21
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Card activation – outside U.S. – Listed Countries $24.95 Per card

and their % for p2p is much higher than paypal?

yikes.. i wish a lot of sponsors can add more alternatives in their payouts..
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Old 11-08-2010, 05:27 AM   #22
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My local BMO limits withdrawals to CA $1000 per transaction. That's good enough for me.
why bmo? most bmo atm's i've used have a limit of 500 per transaction but there are other bank atms like td that do not have that limit.
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Old 11-08-2010, 08:13 AM   #23
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why bmo? most bmo atm's i've used have a limit of 500 per transaction but there are other bank atms like td that do not have that limit.
Always used BMO around here in Niagara, never had any issues with amounts up to $1000. Use TD machines too, never any issues with Visa products.
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Old 11-08-2010, 08:39 AM   #24
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Always used BMO around here in Niagara, never had any issues with amounts up to $1000. Use TD machines too, never any issues with Visa products.
i like the cibc ones too. i'd often get 50s out of it.
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Old 11-08-2010, 08:51 AM   #25
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why bmo? most bmo atm's i've used have a limit of 500 per transaction but there are other bank atms like td that do not have that limit.
Because BMO is MasterCard and I'm just looking to pay rent in one transaction .

So i need to get 1800 And if i remember right you could go to teller with revupcard and it was a prepaid MasterCard as well
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Old 11-08-2010, 08:52 AM   #26
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Speaking about payoneer,i got not charge when i paying things like domains/hosting,but could be beacuse those are usa based and charge in dollar.
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Old 11-08-2010, 09:36 AM   #27
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Speaking about payoneer,i got not charge when i paying things like domains/hosting,but could be beacuse those are usa based and charge in dollar.
Yes, but the strange things i must pay cross border fees in their p2p transaction. I sent money from a Payoneer Mastercard to another Payoneer Mastercard it's very strange...
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Old 11-08-2010, 09:55 AM   #28
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Yes, but the strange things i must pay cross border fees in their p2p transaction. I sent money from a Payoneer Mastercard to another Payoneer Mastercard it's very strange...
Hmm,i would swear how their support said how is that impossible.And btw it looks like fee which you paid for transaction is bigger then western union fee.

Last edited by Klen; 11-08-2010 at 09:56 AM..
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Old 11-08-2010, 10:46 AM   #29
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Hmm,i would swear how their support said how is that impossible.And btw it looks like fee which you paid for transaction is bigger then western union fee.
I just sent them an email, this is their reply, a simple copy and paste:

Quote:
Thank you for contacting us.

Please note that on top of the loading fee of 3.75% you were also charged a cross border fee since the transaction is an online transaction.

Anytime money crosses borders or currencies, MasterCard and the issuing bank apply processing fees to the transaction. This is true of both POS (Point-of-Sale) and ATM transactions.

When the Payoneer card is used for non-USD transactions, a currency conversion fee takes place based on MasterCard®'s exchange rate, which is adjusted regularly based on market conditions.

A similar fee is applied when your MasterCard card is used in USD but in a country other than that of the issuing bank. The combined processing fee charged with the Payoneer card, including MasterCard® and bank charges, can be up to 3%. Please note that currency conversion fees and cross border fees are charged by all banks and by MasterCard, and the fees charged with Payoneer cards are among the lowest in the market.

Please feel free to contact us if you have any additional questions.

Now i'm waiting their response.
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Old 11-10-2010, 01:37 PM   #30
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This is their answer:

Quote:
Please note that as you have been informed in our previous emails, when you are making a transaction in a form of a private load, you are being charged twice.

One fee is the 3.75% per transaction for the private load itself.

Second fee is the cross border fee which is up to 3% per transaction, any transaction you make in US $.

Our issuing bank is located in central America. Therefore each time you use US dollars you are charged for the cross border fee.
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Old 11-10-2010, 05:18 PM   #31
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they are all about fees...
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Old 11-10-2010, 06:19 PM   #32
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Payoneer really shooting themselves in the foot. A lot of people moved to them, but now seeing the fees in practice will quickly move on.
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Old 11-11-2010, 12:07 PM   #33
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I sent them a nice answer....twice fees in a "p2p" transaction is wonderful
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Old 11-12-2010, 08:57 AM   #34
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We are sorry you feel this way about the fees. I will bring this up to our upper management and get back to you. Thanks.
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Old 11-12-2010, 12:31 PM   #35
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I also think that payoneer team makes it easy for their competition to win this
just because of their fees, is p2p with them 7,50usd ? and that would be without cross border fees, they should also make a cross Atlantic fee, and a fee for the miles the money has to travel from one account to another why not? right?

my prediction if payoneer doesn't become competitive fee wise then in 12 months they wont be mentioned much around here
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Old 11-12-2010, 12:42 PM   #36
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We are sorry you feel this way about the fees. I will bring this up to our upper management and get back to you. Thanks.


yeah, he looks like a cool dude

although this one eats babies




so try with Leon Panetta first
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Old 11-12-2010, 01:33 PM   #37
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I miss ePassporte, owner of Payoneer should be rich nowadays haha.
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Old 11-12-2010, 02:24 PM   #38
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just did my first paxum widthdrawls and their fees aren't too shit hot either. i think an atm widthdrawl cost me 7-8 bucks more in the end.
Find an ATM from a different bank, this is NOT Paxum charging you such a fee, Paxum charges $2 per trans (I can confirm, I got charged that amount per transaction when I did ATM withdrawals last week), the rest is the bank's commission.
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Old 11-13-2010, 08:07 AM   #39
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This is their answer:

Hello, just to show clarification when loading funds from credit cards there is always a charge from the credit card company/processor to charge cards and this case the 3.75% is considered to be low. Payoneer is focused on company loads that are making wires and there is no charge for that.

As for the cross boarder fee like all credit card companies when there is use with the different currency there is always a currency conversion.
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Old 11-13-2010, 01:30 PM   #40
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what I don't get is why anyone would willingly give all his info and his money to the CIA and Mossad. Not that they can't get it in other ways, but in real world people tends to avoid them as the plague, not to get in bed with them. But well, the Epass fiasco has shown this industry is really something...
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Old 11-13-2010, 01:50 PM   #41
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Hello, just to show clarification when loading funds from credit cards there is always a charge from the credit card company/processor to charge cards and this case the 3.75% is considered to be low. Payoneer is focused on company loads that are making wires and there is no charge for that.

As for the cross boarder fee like all credit card companies when there is use with the different currency there is always a currency conversion.
You should apply cross border fees only for currency conversion, not for load $ to $...now i'm paying cross border fees also for the same currency
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Old 11-14-2010, 02:50 PM   #42
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They want to implement a real p2p function for this end of the year with low fees.
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Old 11-14-2010, 03:18 PM   #43
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I haven't signed up with any of these services as they are overcharging.

I still have a few sponsors I am trying to set up alternative payment methods with.
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Old 11-17-2010, 01:27 PM   #44
Talia_Payoneer
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Hello GFY’ers.

This is an announcement from Sales and Marketing team providing you an update on our platform.

As you may know, Payoneer is rapidly ramping up our offering for this industry. Recently, we brought on an industry rep, Pearl Levy, who will be working with major accounts and our team to support the industry’s needs. Please feel free to email her at [email protected] if you want to learn more about the Payoneer Platform for Payouts.

Here’s this week’s update on feature improvements we are making to the platform based on your collective feedback:

• We will be launching a MasterCard Virtual Card very soon.
• You are now able to enter your email address instead of your Payoneer Credit Card to link to different programs. The email address will be the “Username” rather than the “Payee ID” as the identifier. This will eliminate payee IDs and make it easier to look up users within the system to make payments etc.
• We are in development on a feature upgrade that will enable you to find a payee and make payments, regardless of Partner just using the receiver’s email address.

AVN Update: Payoneer will be at AVN in January. We will be hosting a walk-up booth as well as taking meetings with various partners. Stay-tuned for more info and if you want to book some time to discuss your payout needs, email [email protected] .

Thank You.
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