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Review on Payoneer by Robiul Islam

Payoneer is widely used for multiple reasons.

Payoneer prepaid MasterCard payment method is a must for a Bangladeshi freelancer nowadays. When you work as a professional freelancer in popular marketplaces and get the money you get for this job from Bangladesh, you have to take such an online banking service.

You can easily withdraw your earned money from Bangladesh with the help of this card. Not only this, with the help of this online you can buy and sell various services.

Thanks to Payoneer I have a foolproof way to receive payments from abroad, but their rates are a little bit higher than in other payment gateways. That's why I use it as a backup payment system because it's not integrated with instant transfers from banks (at least in Bangladesh.

Overall, Payoneer is a widespread, worldwide bank. I use it not only personally, to receive and send money, but mostly as a payment. Payments go smoothly. It should satisfy all those who want to do business.

Pros & cons

  • The fastest way to receive money online.
  • You can withdraw money from any ATM nearby.
  • You can shop online with your MasterCard.
  • You can withdraw money from various affiliate networks.
  • Account opening and verification is very easy.
  • Payoneer has a lower forex rate which means the cost of currency conversion is higher. These greatly reduce the cost of converting from US dollars to your local currency.
  • It takes more than two days to get feedback on a question.
  • At least 100USD is required to withdraw money.