Anyone use Payoneer?

[Avenue]

I'm doing a bit of research on using Payoneer to receive US payments, and as far as I can tell, you pay them 1% to receive money, then 2% to transfer it to your bank account, but I'm wondering how much (more or less) you pay your bank in bank charges to then receive that money?

 

[Thor]

Why not use stripe or payfast or heck even paypal is cheaper?

 

[The_Traveller]

Use PayPal, I'll buy your dollars by sending you ZAR via eft or cash.

Of course after we agree on a rate.

PM me if this interests you

 

[Avenue]

Unfortunately it's amazon and they will only send you a cheque in the mail, or do an EFT into a US bank account. They don't support Paypal. (I haven't looked into stripe and payfast.) Payoneer gives you a virtual bank account in each country- so for example in the UK they give you a barkleys account, which means that Amazon doesn't know the difference. They give you a different account for each of the big amazon regions. You can then pay extra for a master card, (it's about $24 a year) and use that like any other credit card which is another option. I think there's a $3 ATM fee and $0 POS charge. At least then my money wont depreciate everytime a politician opens their mouth, which may be the best option, but I'm just looking at all costs at the moment so that I can make an informed descision.

 

[Cage Rattler]

For personal use ... Payoneer lets anyone pay you directly with a credit card. Or use transferwise.com