Simply looking at the financial side of getty this company has no way to escape its bankruptcy. Looking at the upcoming interest rate hikes and the overheated economy getty will be one of the first one to file bankruptcy.

I have been with getty for 9 years have 10000+ unique files with getty/istock and am an exclusive 40% contributor. I agree on most posts here and the only reason I am still exclusive is because I have to keyword all my files with meta tags, which I am preparing until end of the year. My Income has dropped over 90% within the last 4 years even though I have doubled my portfolio and I would consider my content one of the best on istock. They have quite obviously capped all the top contributors, so no matter on how much unique content you upload you will still at least earn 20-30% less every year.

i feel sorry for all the people working for getty, who still believe the crap the Managers are telling them. They all know (even Lobo) that they have really *removed coarse language* up and have killed one of the sustainable stock places in the internet. But that is how capitalism goes. The owners of getty will continue to milk the cow dry until it dies. We have passed the point of no return in 2012/13.

So to answer your question in quick. Don't waste your time with this company. By 2020 they are not around any more.

Quote from: aeonf on April 04, 2012, 18:11

I must join the cummon crowds opinion here.
I still don't understand what are the fees involved.
What can't I get a strait answer listed in 1 table ?
if I have 100$ and wish to withdraw them from a local ATM in my local currency, how much local currency cash would I be able to withdraw ?

this might be a good solution for US people, and NOT the rest of the world.  I don't mind paying (reasonable) fees but I sure like to know HOW MUCH fees I am paying in advance!
The bank rips me off, but at least I know how much (down to the last cent) + the fees are negotiable.

I just checked my transaction list. I sucked last month 1000 Reais from an ATM in Brazil and when calculating the conversion payoneer charged me almost exactly what currency converter shows me NOW. The rate a month ago off course was a little different, but I doubt it was much more the 3%. Beyond that, I see 2 $ maintenance fee per month in my account.

Although I agree that they should give a straight answer to the question and should be more transparent, I still cannot see where or why the named people had been charged or claim to have been charged this high fee. Payonner says no, they say yes. Since they had been writing under new accounts on this board I am not sure if their statement is believable, especially since I never had such a case.

I posted a Screenshot of my transaction and you can calculate every cent yourself by going to www.oanda.com and use the currency conversion tool (you can set the date right below the currency converter) - So go ahead and check my screenshot and calculate your ATM withdrawl on the date you withdrew money. Not sure were you are based but maybe you get a better mastercard rate when based in the US.

The reason why I signed up here is because of payoneer. I have written their support many times without any answers. They only seem to react when you go public on their issues.

@4FR

I understand what you are saying but as I mentioned you are not referring to a charge by Payoneer but rather the conversion rates used by MasterCard. You would experience the rates with any MasterCard, which is a leading provider of debit/credit cards around the world. 
 
You mentioned VISA if you go to http://corporate.visa.com/pd/consumer_services/consumer_ex_rates.jsp and estimate the rates they use, you will see they are similar to the rates of MasterCard (if not the same).

I do apologize that you are not satisfied and I will pass on your feedback.

I have other Mastercard CCs also, but they don't add another 3% on top of the Mastercard rate like you guys do!

Talking about competetive. I don't know one single CC that charges MORE than you do.

You guys better come up with a solution FAST

Hello 4FR

I looked into the matter for you:

The transaction was converted using MasterCard's official rates, and a conversion charge no greater than that mentioned above,. A customer support supervisor contacted you with more detailed information regarding the transaction.
 
Additionally, we use MasterCard�s official rates, which can be estimated at: https://www.mastercard.com/global/currencyconversion/index.html.

I hope this helps resolve the confusion and am happy to help if there are further questions.

Thanks David, Dan contacted.

Exactly what I expected the Mastercard rate for my 20000 THB withdrawal is almost 3% (!!!) higher than the market rate for that date and you guys added another 2,3% + ATM charge + Foreign Currency Charge to it which leads to an effective 6% and higher !!!

For us costumers the FINAL % is of matter and as long as you guys work with a mastercard conversion rate which is FAR off any acceptable value, we feel ripped-off by your currency conversions!

No way Payoneer can be competitive with those rates once customers are aware of this "hidden" cost.

Just to clarify, the 3% is not above any additional fee from MasterCard. It is possible the ATM is charging a high fee or the bank operating the ATM is imposing rates of their own.

As I mentioned above if you can provide me with your Payoneer account email, I would be more than happy to look into the transaction.

David: I sent you some screenshot of transactions that have all been far above 3% - I always make sure I pay in the foreign currency so the conversion rate is set by Mastercard / Payoneer!

My other credit cards even give interest on the credit side of 2% and charge me 0% on currency conversion. You guys would make much more money if you don't charge 3% and more on currency conversion, because many more people would use your card and payoneer can "work" with the money "parked" on the cards, which earns payoneer much more than trying to make money with those hidden currency conversion fees.

I worked for a bank for years and you guys will loose many customers if you stick to those rates! My word on it!