Microstock Photography Forum - General > Payoneer

IS payoneer card in EU

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antoniodalbore:
Hi pals,

there is anybody having experience with the IS Payoneer card in Europe in terms of cost of transactions?

The pricing scheme on the site say that for transaction outside US the fee is "$0.00 + upto 3% of transaction amount". What do exactly translate in real life?

There is anything else hidden that I should know?

Thanks!

zymmetricaldotcom:
Thought I would respond since I just got this same question answered for one of our own artists, straight from Payoneer account manager:

"With regards to the up to 3%  represents the FX , this is based on the daily rates set by MasterCard and are collected by the issuing bank. Our agreement with the bank ensures that we are at the lowest spectrum of the marketplace and we track this information comparing it to AMEX, PayPal, CITI, Chase and randomly others."

antoniodalbore:
Thanks Keith,

I think will go ahead with the card, seems a good deal!

bye!

vanias:
Hi!
I think use this debit card is wrong.  :(
PayPal is the best.

Sample: from $230 on my debit card i get only about $160. :'(

MichaelJay:

--- Quote from: vanias on April 14, 2009, 08:55 ---Sample: from $230 on my debit card i get only about $160. :'(

--- End quote ---

I don't know how you calculated that. I tried the Payoneer card with both, paying online services and withdrawing money at the ATM. In the first case, I didn't note any fees beyond the $2/$1 per month. And in the second case I paid a transaction/foreign exchange fee of about 2.5%, so from $300 more than $290 arrived in my hand.

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