268 posts The Joomla Guy
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hogash says

Go for Payoneer. Works like a charm. Kill paypal, it’s useless.

+1 Payoneer rocks!!

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andiszek says

Hello all, this discussion is very interesting.

i`ve never heard of Payoneer before (i`m using paypal for a couple of years now, without any problems so far).

if i understand correctly from Payoneer`s website, you get a Mastercard, issued at a foreign bank , which you can use at any ATM that accepts Mastercard.

my questions are: 1. from which country is the card issued? inside the EU? outside? 2. is there a daily withdrawal limit? the bank i`m with (BCR), has a daily limit of 2000Lei (~600$). 3. can you transfer the money from your Payoneer account to your bank account? or can you only use their card?

thanks in advance. andi

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Nissim_Payoneer says

Hi Everyone,

Thanks so much for all the kind words! I’m happy to hear that you’re satisfied with our services :)

I’d like to address some of the questions in this thread (I’ll try to be as specific as possible):

When you select Payoneer as the payment method for your Envato account, you will have two options:

Payoneer Prepaid Debit MasterCard Card: This payment method allows you to receive your payments directly to a prepaid debit MasterCard card, which can be used to make purchases online, in stores, and at ATMs worldwide (supported in over 200 countries). All applicable fees will be listed on the card application page, prior to submitting the application.

The usage limit for the card is $2,500.00 in daily cash withdrawals and $2,500.00 in daily purchases (total daily limit of $5,000.00).

Payoneer cardholders also have additional services available to them, such as our Card to Card transfer service (which allows you to send funds to another Payoneer account free of charge) and US Payment Service. We are also considering an international card to bank transfer service for the future.

Payoneer Local Bank Transfer Service: This payment service allows you to receive payments directly to your bank account in over 200 countries, via local transfer or SWIFT (depending on the country).

The cost is $5.95-$9.95 per transfer, depending on the country. In Romania, for example, we support local transfers at $5.95 per payment. Local transfers means that the payment is sent from a local bank in Romania, in either RON or EUR (you can choose). Local transfers are much quicker than international transfers, and cost much less. The full list of available countries and currencies can be found here: http://www.payoneer.com/LocalBankTransfer-avail.aspx

If you have any additional questions, I’d be more than happy to answer them.

Thanks again!

Nissim | Payoneer Community Manager | payoneer.com

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The_Silverman says

Thanks Nissim for taking the time to talk to us. I am from Romania and I have a Raiffeisen account. So can I transfer my earnings with your service form Envato to my Raiffeisen account? You said that the cost is $5.95 / transaction? I will gladly use your service, and I need to know how do I get verified, and how long does it take? And if i want a Payoneer Prepaid Debit MasterCard Card can I get one from or in Romania? Is it cheaper with the card?

3732 posts Ruben Bristian
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KrownThemes says

Payoneer Local Bank Transfer Service: This payment service allows you to receive payments directly to your bank account in over 200 countries, via local transfer or SWIFT (depending on the country). The cost is $5.95-$9.95 per transfer, depending on the country. In Romania, for example, we support local transfers at $5.95 per payment. Local transfers means that the payment is sent from a local bank in Romania, in either RON or EUR (you can choose). Local transfers are much quicker than international transfers, and cost much less. The full list of available countries and currencies can be found here: http://www.payoneer.com/LocalBankTransfer-avail.aspx

Hi Nissim

Please enlighten me..If i select Payoneer as a withdrawal method, i can receive my payout directly to my bank account? Or i still receive my payout to the Payoneer card and then i have to send the money to a local bank..i’m not sure if i get this local bank stuff..

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The_Silverman says
LBT allows Payoneer partners to transfer funds directly to their payee’s bank accounts in their local currency – which keeps the cost of transferring money low, and efficiency high.

We just need someone to confirm this…

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Nissim_Payoneer says

Thanks Nissim for taking the time to talk to us. I am from Romania and I have a Raiffeisen account. So can I transfer my earnings with your service form Envato to my Raiffeisen account? You said that the cost is $5.95 / transaction? I will gladly use your service, and I need to know how do I get verified, and how long does it take? And if i want a Payoneer Prepaid Debit MasterCard Card can I get one from or in Romania? Is it cheaper with the card?

You’re very welcome! Thanks for showing interest in Payoneer :)

You can receive payments to any Romanian bank account. To sign up, simply go to the withdrawals option of your Envato account and select Payoneer. You will then be directed to an online application page, where you can either order the Payoneer card or sign up for the Local Bank Transfer service. You need to sign up for one or the other – you can’t have the Payoneer card and also receive payments to your bank account.

During the sign up process for bank transfers, you will be able to choose a currency (either EUR or RON ). The cost is $5.95 per payment. Funds are converted from USD based on rates of up to 3% above the official market mid-rates (at the time of transfer).

Once Envato sends you a payment, Payoneer will automatically transfer it to your bank account. Payments take 1-3 business days to arrive in your bank account.

If you want to receive payments to the Payoneer card instead of your bank account, that is also an option (we support over 200 countries, including Romania). Overall it depends on what type of payment method you’re looking for. You can receive payments to card in minutes, and immediately use the card to make purchases, so you have much quicker access to your funds. A complete list of all pricing and fees will be listed on the application page (you can view it before completing the application).

Nissim | Payoneer Community Manager | payoneer.com

3732 posts Ruben Bristian
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KrownThemes says

Nissim .. i’m interested in the Payoneer Local Bank Transfer service .. but i’ve submitted a request for a card in the past, i’ve got it but didn’t used it, and finally it got lost. So now, i’m not redirected to any online form. Can this be somehow fixed?

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Nissim_Payoneer says

Hi Nissim Please enlighten me..If i select Payoneer as a withdrawal method, i can receive my payout directly to my bank account? Or i still receive my payout to the Payoneer card and then i have to send the money to a local bank..i’m not sure if i get this local bank stuff..

Yes, you can receive direct payments to your bank account (without having a card at all). We do not currently support transferring funds from your card to a non-US bank account, however this is a service we plan to add in the future.


Nissim .. i’m interested in the Payoneer Local Bank Transfer service .. but i’ve submitted a request for a card in the past, i’ve got it but didn’t used it, and finally it got lost. So now, i’m not redirected to any online form. Can this be somehow fixed?

You can contact our customer support department to switch your payment method from the Payoneer card to our Local Bank Transfer service. If you’d like, you can e-mail me directly (to nissimal@payoneer.com) and I’d be more than happy to assist you in switching.

Nissim | Payoneer Community Manager | payoneer.com

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Nissim_Payoneer says

If you sign in to your TF account, you will have the option to select your withdrawal method. One of the withdrawal options is Payoneer.

If you select Payoneer, you will be directed to an online application page, where you can sign up for the Payoneer Prepaid Debit MasterCard card.

This card will be automatically linked to your TF account, and once approved you will be able to begin receiving your TF payments directly to the card.

Nissim | Payoneer Community Manager | payoneer.com

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