Payoneer Scam Review

This Review is based on the Payoneer debit card and how it will benefit you. I use Payoneer myself and feel qualified to give my opinion regarding this payment processor. Okay so you are wondering what Payoneer is all about and how will you use it? The Prepaid Debit Card works like any other debit card and you can make purchases in stores, online and at ATM’s Worldwide where MasterCard is accepted.

Payoneer reviewPayoneer was founded in 2005 and it is a leading global payment company that provides cost effective payment solutions for independent workers and affiliates in more than 200 countries worldwide. Cardholders will be able to receive funds immediately without hassles and they can withdraw money anywhere in the world where MasterCard is accepted. Unlike traditional payment methods – No credit or bank account history is required to apply.

Payment options include:

  • Deposits to local banks worldwide
  • Prepaid Debit cards
  • Wire transfers
  • Global and local e-wallets
  • Local-currency paper checks.

Who will benefit?

Payoneer cardPayoneer’s private label debit cards enable freelancers, vendors, affiliates and publishers to receive their payouts and commissions immediately. Affiliate commissions are usually paid out through checks, PayPal and international wire transfers. For these types of payments the recipient is required to have a bank account, and transfers can take anything from a few days up to weeks to complete. With Payoneer transfers are quick and usually payments are available within 24 hours.

If you are tired of waiting for days or even weeks to get your hard-earned money, then this payment processor will work for you.

The safe, efficient and cost-saving solution is an alternative for web-based businesses that require affiliate payments.

Who can apply?

An applicant that is over the age of 18 can apply. If you are an affiliate or vendor the Payoneer will work perfectly, but obviously, everyone who needs a safe online payment system is welcome to apply.

Why use Payoneer?

Secure – Payoneer is constantly improving their technology to ensure customer privacy and authentication. They comply with all applicable online payment regulations.

Safe – You will receive a replacement card and your balance will be transferred if your card had been lost.

Flexible – Payoneer offers scalable and customizable options for everyone. I allow others to load money onto your card and enable you to make fast bank transfers with the Global Bank Transfer Service.

Currency – No need to convert funds to your local currency. MasterCard automatically makes the conversion at competitive rates.

Easy to use – The Payoneer online banking platform is easy to use without too much technicalities.

Cost-effective – You will be able to avoid fees that are associated with sending money abroad. Payoneer have low monthly fees.

Financial Responsible – You will only spend the amount that is loaded on the card because it is a debit card, not a credit card. This will allow you to manage your budget responsibly.

Award-Winning – Payoneer had won the “Best business to employee payment” award at the Pay Before Awards 2010

How long does it take to receive the Card?

Payoneer scamAs soon as your application is approved, you will receive a confirmation e-mail that includes the estimated arrival date. I received my card about 2 weeks after approval, but I think that it depends all on where you are located. Cards are shipped with the standard international mail service – free of charge.

What are the costs?

A full list of fees and pricing will be displayed during your card application process. You do not need to maintain a minimum balance on your card and it can be cancelled at any time.

  • Balance inquiry fee - $1
  • Withdrawal fees from ATM’s - $3.15

Which Companies will I be able to receive funds from?

The list is huge but I will mention some of the most popular companies that work with Payoneer:

  • Inc. 
  • Amway Corporation 
  • Elance 
  • Facebook 
  • Google Inc
  •  Keynetics Inc. (Click Bank) 
  • Linkshare
  •  oDesk
  •  Microsoft Corporation 
  •  Fiverr
  • PayPal Inc. (Important Note: Transfers from PayPal to Payoneer are allowed, but transfers from the US Payment Service to PayPal are automatically declined)

Payoneer review


  • You will be able to reach countries that other payment services do not cover.

  • Get payments from multiple affiliate networks that offer Payoneer as a payment processor.

  • No bank account is required

  • Your account is held in US Dollars and will convert automatically when purchases are made in another currency.

  • Verify Moneybookers, Payza and PayPal with the Payoneer Card

  • Payments are available within 2 – 6 hours

  • You will have access to your account page and will be able to check balances and transactions at any time

  • Telephone, email and live chat support.

  • $25 will be added to your Payoneer account when you receive or transfer over $100 in earnings to your card.

Visit Payoneer
Thanks for Reading my Review of Payoneer. If you had enjoyed this post please “like and share” so others can also benefit from it!





  1. Hi Christene,
    Payoneer card is a good process to the people live on the countries as Africa or Latin America, but for the lives in USA, Canada or Europe this option is too much expensive.

  2. Thanks for the comment Via - dearly appreciated!

    I live in South-Africa so obviously Payoneer is a blessing for us, previously we could only receive Clickbank checks and then had to pay enormous fees to get it cashed out in our bank accounts. Most defiantly a life saver for those in foreign countries. Strangely though I had met a few USA citizens without bank accounts and Payoneer was their next option. It would be safe to say that this payment processor works great if you can't get a bank account or live in a foreign country with a different currency.

    Keep well, and have an awesome day.

    1. Can we use Payoneer to accept the donations? If yes, which website we need to go in?

  3. Thank you a lot for the excellent Payoneer review Christene, God bless

  4. thanks for your post .. i sell electronics online on my own online store and IOFFER.COM .. can i accept payment from my customers via payoneer !!! thanks in advance for your answer

  5. Payoneer is safe to make payments and to receive payment from customers because it is a master card - Works in the same way as all verified credit and debit cards.

  6. Hi Christene, I will open my Payoneer account, but my question is about how many U$ is safe move? sorry for this question, but do you think is it safe receive U$ 1500, U$ 2000? Thanks for your response.

  7. It is safe Binho I move the same amounts regularly from Clickbank to Payoneer

  8. I am a big Payoneer lover, but maybe for your experience you could advise how this clickbank thing works. I thought they were not very clear, but u seem to get huge profits there.

  9. Hi Kiarii, hope all is going well.

    I absolutely love Clickbank because the products are also flexible and available in various niches - you are not limited.

    Promoting Clickbank products is difficult though because most individuals will just pick a random product and promote it without doing much research. You have to literally build your entire online existence around your niche and the clickbank product that goes along with it. A good point to start would be to have a website or blog with traffic, without that you won't be making much.

    My latest review is based on Clickbank ironical. Feel free to read it and don't hesitate to ask if you have any questions.

  10. I have poineer card but when i tried to attach it with paypal it is message comes out that rufuse by the bank why it is so happening.

    Plz allow me to republished your this post for Pakistani users.

    1. you tube pe ja kr hwo to verified verified payoneer to my pay pal account. video a jay ge, agar na ho saky to email me

  11. I had similar problems when I had tried to connect PayPal to My Payoneer account. I had called customer care and within 3 days they had connected it for me.

    Customer Support

    Within the United States:
    1-800-251-2521 x2 (9:00am-6:00pm EST Mon-Fri)

    Outside the United States:
    1-(646)-658-3695 x2 (9:00am-6:00pm EST Mon-Fri)

    Within your dashboard is also the option to send them a mail - usually it takes up to 3 days to get a response - depends on your country.

    You can republish the post with a link back or Name Credit to avoid plagiarism.

  12. Hi christene I'm also from south africa...I would like to find out if I can transfer funds from my payza account to payoneer?...thanks

  13. You can not transfer money from Payza because it is not on their list of eligible companies yet.

    You can find all the Companies that is excepted in this list:

  14. I check the pricing and fees there is an annual fees

    Annual card account maintenance $29.95 Per Card From available card balance each year

    So it is not free and transaction base. Is that right.

  15. Basically you will pay approximately $5 in annual fees. $25 will be added to your Payoneer account when you receive or transfer over $100 in earnings to your card, that will cover most of your annual fee. Very low cost, especially if you live in a country other than the US. For most banking and debit card systems you will be required to deposit a certain amount in the account to activate it, with Payoneer you don't need to pay for activation costs and that is why we classify it as a free debit card.

  16. hello i will like to repost this too on my blog for mty dear cameroon users. thanks in advance here is my blog

  17. Payonner was my worst ever Customer support experience. My girlfriend is a webcam model from South Africa, after waiting 4 weeks for the account to be opened, they emailed us "declined for undisclosed reasons". Support is unavailable. They are mostly rassists and Rednecks, extremely unhelpful even if they say they endorse both LiveJasmin & Streamate. Beware of them, its just a waste of time, most of all very unfriendly & unprofessional!

  18. Hi,
    Thanks for this very informative post. Does payoneer charge you each time you use the card on paypal?

  19. All Money transfers from PayPal to Payoneer are charged 1% of the total funds that is withdrawn from PayPal

  20. Hi Christene

    Nice to see fellow South Africans doing good things on the net. This review boosted my confidence in getting the card.

    I just wanted to know, have you used it to withdraw from any local ATMS or make purchases locally? Can it be used for such?

    Thanks again.


    1. Hi Ipeleng

      Yes I use my Payoneer card to withdraw cash from FNB and ABSA. I used it once at a Netbank ATM as well without any problems. I also use it to purchase online and when I buy at Pick a Pay.

      Haven't tried others stores yet, but I am quite sure that it will work just fine.

  21. Hi Christene
    I've applied for the card on the 19th of this month but I haven't yet any notifications and both dates given have passed by. I'm still waiting.


  22. It all depends on which country you live in. I had to wait 3 weeks before I received my card because I live in South Africa and postal delays are common around here. Contact the customer support and ask them if they could speed up your verification process.

  23. Basically you will pay approximately $5 in annual fees. $25 will be added to your Payoneer account when you receive or transfer over $100 in earnings to your card, that will cover most of your annual fee. Very low cost, especially if you live in a country other than the US. For most banking and debit card systems you will be required to deposit a certain amount in the account to activate it, with Payoneer you don't need to pay for activation costs and that is why we classify it as a free debit card.

    Can you explain this ? I'm seeing an annual fee of $29.95 and nothing about a $25 refund

    1. The refund will be added approximate 2 weeks after the $29.95 deduction. This is just a safety precaution.

    2. You only get the refund if you sign up through a link sent by a friend. They will also receive $25 to their account after you have transferred $100 to yours.

  24. payoneer cade is a very good

  25. I was surprised that Amazon did not pay in to Australian bank accounts. Then I saw the PAYONEER banner. I followed through and applied. I am still waiting for approval. If it means that I can get my payment from Amazon it will be worth the wait.

    1. The waiting part is basically the only thing that is frustrating when it comes to Payoneer but after that you can receive payments from most of the popular platforms.

  26. Hi Cristene. I recently got my Payoneer card (through iStock where I sell stock images) and it really is great. I am now looking at another site where payments can only be received via Paypal accounts. I did a little online reading about receiving money via Paypal (in South Africa) and I was wondering if you would be able to clarify for me. Would I be able to receive payments into my Paypal account and then transfer them to Payoneer and what are the regulations/fees, and limits involved? I read somewhere that any earnings must be withdrawn from Paypal within 30 days. Is this true? And would I have to have a Premier Paypal account (apparently only allowed 5 payments per year with the personal account?). Anything else I need to know before going this route? It would surely work out cheaper transferring Paypal to Payoneer, rather then setting up the linked FNB account thing right? Or is a Premier account also an expensive way to go. I will typically just be getting small payments which accumulate over time. If you have any experience with Paypal to Payoneer as a South African, I would love some advice!

  27. Hi Elizabeth.

    I personally do not use my Payoneer card for PayPal because I already have an FNB account that is linked to my PayPal.

    I mainly use Payoneer to receive earnings from various programs. In South Africa the fees are a bit high on Payoneer if you use the card constantly.

    I would recommend that you rather go the FNB way. In the past an FNB account was needed to connect with PayPal, but most recently FNB made it possible to use other bank accounts as well. All you need to do is set up an FNB online banking profile and link your own bank account with it.

    Here are some links that might help.

    The FNB online banking service is free and once you connected all your accounts it is a bliss to manage without all the overcharging. You can get free statements and basically do all your transactions online without paying a cent.

    Payoneer works excellent for receiving payments and general use as a debit card here in South Africa, but virtually no one connects their PayPal with Payoneer because the process is complicated and takes to long.

    1. Hi Christine,

      I am also from South Africa (seems like this blog is where all us local folks hang out)

      I recently started working for a international company giving me the option of receiving payment either via Payoneer, PayPal or Wire Transfer.

      I have a FNB account so your above comment does make it tempting to just use PayPal with FNB, but I am a bit worried about the delays of getting my money. It already takes a while to get into PayPal from the US company paying me, and then will take more days to get to my FNB account before I can use it. (I am brand new at the company so haven't actually received any payments yet, but I am assuming it will be at least a week to paypal and another week from paypal to fnb).

      With that being said I am keen on trying out Payoneer, but one thing I am worried about is when applying for a loan e.g. a home loan, you need a good credit record and prove of income. A contract of employment is usually not enough for SA banks as they want to physically see the money come through each month. If I just get my income paid to payoneer and live off that card the banks will think I do not earn a income.

      Are there any bank statements that a local bank would accept or any form of prove I can provide for that?

    2. Hi Pieter. Hope all is going well.

      All depends. Do you have an FNB online banking profile that is linked to your PayPal account?

      I would much rather recommend using FNB. Yes, unfortunately it does take a couple of days for money to clear after you have withdrawn from PayPal (5-8 days max), however PayPal itself does not have a waiting period. You can start the withdraw process to FNB on the same day that the money is paid into your PayPal account.

      Payoneer works great for those who does not have an FNB account or for those who receive payments that does not use PayPal, like Clickbank or Amazon for instance.

      Much easier to manage tax filing with an FNB account. And yes, you will have better proof of income if you provide a FNB statement when applying for a loan e.g because the statement will be in Rands not dollars.

      Feel free to send me an email if you need more detailed answers.

  28. This type of honest review i was looking for. You have to be real careful when you register with this type of bussiness. This is the best part that “With Payoneer transfers are quick and usually payments are available within 24 hours “. Thanks beautiful

  29. Thanks for the kind feedback Donald, much appreciated. Have to agree 100% with you, the transfers are quick and I never had any problems waiting for my money. Here in South-Africa a normal transfer can take up to 8 working days if it comes from a foreign country. With Payoneer my money is available within a few hours.

    Have a awesome day.


  31. Payoneer is not located in India, the company headquarters is in New York City. I hardly think that they will steal money. They are a well represented company with big names behind them. If they attempt such an act the fraud investigators will be all over them. Accusing them of fraud can have massive complications if you do not have valid proof. This is not a company that was created out of a back office and they have a huge reputation. (Google "Payoneer" and you will find them listed by Wikipedia)

    Q: How did you sign up for the card if you don't even know where the company is situated, and where did you send all your approved documentation? The company address is clearly marked on the documents.

    Tip: Many fake cards are in circulation and people who sign up for these usually get scammed. Be sure to sign up on a certified link.

  32. The site is crap when it's being used for payments for work. They do not verify that the bank account information that you enter is correct until someone sends you a payment! What if the payment doesn't go through? You're asked to send the information again but this time through insecure emails. Their website doesn't allow you to edit your bank account information.

    Paypal at least sends you a random amount of pennies and cents to verify your account.

    The worst part is that their support line is only available 9am to 6pm EST Mondays to Fridays. They do not have a 24/7 support line.

    If you're using this to get paid it's better just to get a check or to go with Paypal. At least they verify your bank account.

  33. Hey,

    Thanks for confirming the legitimacy of the site. I am having high hopes from it too as I had a hard time verifying my Paypal account with the available South African options (Credid Card/Cheque). I must say that though I have already received both the my Payoneer Acc# and the Routine# and have followed the directions precisely, Palpal has hither to refused to verify my account. I just thought it is because I just got approved (less than 10 hours). I would be happy to know that you had success vefying your Paypay using the Payoneer Account as I evening got thinking that maybe South Africa is some how excluded from world wide seeming indaba.

  34. Thanks for the review, but why is this article called "Payoneer Scam Review"? Scam implies the company cannot be trusted or is running an illegal racket. Be careful that you don't get trouble from Payoneer as this page is now the #1 result in Google for the search "payoneer review", while featuring the words "scams" and "scam" in the title.

  35. Payoneer is scam and fraud its giving Debit Cards but when you refer your friends through your referral address when you promote your referral link. But after when your referred friend received his card and get activate, then they both do not receive any 25$. Its been 2 months but there is no received any 25$ I have referred 12 friends but they and me did not received any payment yet. Anybody can contact me by my email.

    1. Dear Khalid, I have received so far 6 times $ 25 from payoneer inviting friends and guests who have registered with my affiliate link. I pose the same problem when I see that my guests are more than 160 people...?. But, I know that The company advertising for payoneer is not payoneer itself and the whole issue remains there. Is that this company is not playing a dangerous game when you think how many people are recruited and had their payoneer mastercard since 2012?

  36. I could open a normal bank accounthave received my card before christmas, but I am still waiting. not that i live at the end of the world, but in belgium. contact via their online form is very difficult. they keepsending mails to activate my card what i will not do until i received it. So I can't put money on it . How can I then pay for delivery with Dhl instead?This will cost me 60 $. would be better if I could open a normal bankaccount at payoneer?? help is realy poor and phonecalls to international numbers are expensif. the company i work with , only works with payoneer for their foreign affiliates. so i wonder if I ever will have my payments. greetings, Danny Roosenboom (

  37. Hi
    Can you tell me about the $25 sign up bonus? I actually tried to chat with Payoneer customer service and it really left me more confused than anything. How does it work? Would I sign up under you and once I receive $100 we would both receive a $25 bonus. Would this be exactly the same sign up procedure if I signed up on my own but in this case I would receive $25? Do you also know after you receive a lot of funds from say Amazon for example if you are able to withdraw those funds into your local bank account? I did see it on as a feature on their website, but in chatting with them, it seems this option isn’t available to every customer, it would really help if it did as I would not like to keep withdrawing larger amounts of money from the ATM it would end up costing too much in fees.

  38. Hi Christene

    I am also from SA and I am gonna receive around $200 000 in my payo neer account, please tell me about tax?

  39. hi I am going to get $10 thousand fron my business in niigeria haw much fee wil I pay also isit going to be ok to get such a large amount on payoneer my email is

  40. I have been traveling through the Americas for over a year now. I an a US citizen and have no other residency. Am I able to get a payoneer card? I do not see US listed on the application for as a choice of residency.

  41. Hy ;-) question can use My Payoneer card to do Money Transfer to My Pay Pal account to buy online on WebSite's to only accept Pay Pal payments . ??
    Anticipate thanks.

  42. If you raise a charge-back they instantly lock your card and account. You then have to print a claim form and post it. And you then need to pay for a new replacement card at $12.95. Absolutely Rubbish chargeback process.

  43. a list or a link to the full list of which companies will I be able to use my payoneer card on?

  44. hello @Payoneer Rep

    i have a payonner account and about 400 usd in my account money

    i never make a payment ..only i transfer from my paypal account this money into my payonner account ! only this

    i make 3 transfers ...i have confirmation from paypal and from payonner - after transfer money i check and money was in my payonner account

    after this i don't use my account for about 3-4 months and now when i try log in i receive message "Account Block!"

    i try contact on chat, after on email ...Nobody give me any explanation

    i just want to recover my money..becouse i work hard for this

    Wait your answer and give me someone contact can help me

    Thank you

    1. They have blocked your account due to inactivity. You will have to reactivate it to access your funds. According to their FAQ: What happens to my card if I don't use it?
      Your card may be temporarily disabled after an extended period of inactivity. It may be re-enabled at any time via your Online Account, or by contacting our customer support department. It's unfortunate that you can't get through to customer service, but keep trying.

  45. Hi, can I receive payment from an HSBC account into my payoneer account?


  46. This comment has been removed by the author.

  47. Is it possible to receive payments into a Payoneer account from private individuals in the US or only from certain companies that are signed up with Payoneer? What is the best way to receive payments from individuals? (On line FNB account perhaps?)

  48. It is more than 2 month which I am waiting for my card to be delivered, I wasted a month for the firs card and then they asked me to request for a second card as the first one never been delivered. again after more than a month, the second card not been delivered. now they ask me to deposit some money to my account to make them able to issue a second card and I have to wait another month for it. How on the earth is it possible to ask some one to put money on an account which he/she has no card to withdraw the money? and they ask to pay for DHL fees for faster delivery. IT is their mistake, they could not do a simple delivery! How they can help you with banking? I'll look for an alternative way of getting paid and will close my account with Payoneer as they are a mess!!!

  49. Thanks for your article and comments. I am curious about the $1 fee for checking your balance. Is that applied to online banking queries, or only when using an ATM? I don't know if this will add up or not be a problem.

  50. Hi Dan. Hope all is going well.

    The $1 fee only apply for when using an ATM, Online banking queries are free.

  51. I made a purhase for services off shore. I used Payoneer for payment several times without issue. Recently, for a purchase, they asked for Front and Back of Credit Card and copy of my ID. My bank authorized the payment, and both credit card company and Bank of America discouraged me giving this information for a purchase. I won't send a copy of my credit card and my ID for an internet purchase. Best Wishes Payoneer. Payoneer customers beware, this protecting me from Fraud is going too far.

  52. I have no intention of transferring money out my Payoneer Account to a local bank - and would just use the card for local purchases, etc.

    That being said, how do I declare the "income" I make to pay applicable taxes to SARS if everything remains in Dollars?

  53. Is it possible for a US citizen to get a payoneer card?

    1. Yes, US citizens can also get a Payoneer card. Anyone can get one regardless where you are in the world with the exception of a few countries that is blacklisted.

  54. Hello. I am an Australian citizen who may do some freelance work for a US based company. I am looking for an account they can pay into and then I can transfer the funds to my AU bank account., the company said they deal with Payoneer. Can you please tell me is this how Payoneer works, can I open a Payoneer account, have US funds deposited and then transfer it to my AU account ? What fees are charged to transfer funds from Payoneer to an AU bank account ? Thanks for your help.

    1. Withdrawing funds from your Payoneer account to your personal bank account is available to over 200 countries in more than 50 currencies. You can request the service in your Payoneer account by using the "Withdrawal".> "Add bank account".

      For each transfer, there is a fee that varies depending on your selected country and currency, thus it would be impossible to tell how much. Detailed pricing are provided during the registration process when your currency and amount is selected.

  55. Hi, I have phoned ABSA as well as FNB in South Africa, and they are not aware of Payoneer. Which banks support this card?

    1. Like I mentioned in the reply above, you can link your bank directly on the Payoneer dashboard by using the withdrawal service. I am with FNB and mine works perfectly. Not sure about ABSA, but I cannot see any problem.

      Keep in mind that FNB is the best bank to deal with if you are working with different currencies.

      With so many US banking systems around the world, I doubt if FNB or ABSA keep track of all.

  56. Hello,

    Poor Service.
    The sender sent me money on 5 days ago and also sent the required documents for verification. Now, they hold the amount and make excuses.... Look like SCAM and I think I have lost my $1000

  57. I have bee using payoneer for about two years now with no problems. While I do not have the bank withdraw option, the card is doing just fine. I would not label it a scam. They have conditions for sending and receiving payments so make sure you are within their TOR's plus, not all services are available to users everywhere.

    Next to Paypal, I recommend them.

    1. I have to agree Sunganani, I use Payoneer for a little more than 2 years myself and never encountered any problems with their service. Payments are fast and there are no hidden fees. I like how the card gives me the flexibility to shop around the globe and that it is accepted by most companies to make payments.

      Most recently they extended their service here in South Africa and you can now link your Payoneer account to your local bank account. A service that will soon be available to many other countries.

      Thanks for stopping by and leaving a reply.

      Have a wonderful day!


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