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Author Topic: Paypal vs Payoneer for United Kingdom contributors  (Read 2728 times)

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« on: June 08, 2020, 12:35 »
0
Hi!

I currently use Paypal for payments from Shutterstock & Adobe. This has worked well, and I tend to just leave the money in my Paypal account and then use it to pay for things online (I do a lot of travel with my work, so can use it for hotels etc.) - so I never need to transfer it to my bank. 

Having just signed up to iStock, there is an additional option there of Payoneer.  I have tried some googling to see if there are any recommendations. I did find some various opinions, including an Indian one that found they received substantially more using Payoneer and paying the fee to transfer rather than using Paypal and their exchange rates.  Whether this would still be in the case if the money could be left in the Paypal account I'm less sure. 

I did wonder if there were any British people with experience of both who could share any opinions. Very happy to hear from others too, I just didn't know if the currencies were impacted differently  :D

Thanks for any thoughts.


« Reply #1 on: June 26, 2020, 22:16 »
+1
Because of Wirecard insolvency/fraud all Payoneer cards have been frozen.
https://news.ycombinator.com/item?id=23654073
https://blog.payoneer.com/exclusive/wirecard-prepaid-card-update/

You should change your payout preference to Paypal or something other than Payoneer.
« Last Edit: June 26, 2020, 22:38 by shiyali »


 

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