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Payoneer.com – Payout Solutions

Payoneer.comPayoneer is a payout solution service partnered with MasterCard. With Payoneer, you can sign up for a “credit card” with a prepaid limit.

The card essentially functions like a gift card; you can load up to $1000 on to the card daily. Anyone over 13 can legally hold the Payoneer card, though if you’re under 18 you’ll need to have your parents order a card for you, and, though you’ll be able to check your Payoneer account online, only those over 18 will be able to load money on to your card. There are several ways to load money on to the Payoneer card; you can do it directly from the Payoneer site, or you can do it through the website of any bank partnered with Payoneer. Once you’ve activated your card online, you can use your Payoneer card just as you would a MasterCard; it’s accepted everywhere that a MasterCard is.

Payoneer.com In Their Own Words

“At Payoneer, a privately-held company, a registered MSP with MasterCard, operated by a team of experienced financial and technology veterans, we understand the need to make payments quickly and easily in today’s fast progressing web business environment.
This is why we offer a Prepaid MasterCard®. They have a prepaid limit, can be used everywhere that MasterCards® is accepted.
In addition to making the card available to partner groups for travel, we enable online payments for Web businesses to make payments to their members, vendors or partners through a fully-hosted solution to support all of their payment needs”

Why Payoneer.com It Might Be A Killer

Payoneer could be an especially convenient and worry-free means of teaching your kids how to be responsible with money. There’s a fixed and prepaid limit, so they don’t run the danger of maxing out the card as they might with a co-signed credit card. It seems slightly easier to use than competitor PayPal, and more extensive in features in that it offers you a physical card which you can use not only online, but also in stores.

Some Questions About Payoneer.com

Is there any limit to how much money you can withdraw from Payoneer in a given day? If you can load up to a grand on it in a 24-hour span, it seems like a set up for potential trouble. Since it isn’t a credit card, what kind of protection does Payoneer offer if your card is stolen and your account is drained? Payoneer.com

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