Cant order Payoneer card. Requires 30$.

Diashen

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Hey!

I am looking to open up Stripe account so I could dropship worldwide, but since I am from Northern European country I have no option to do so. Therefore I am gonna use Payoneer + UK address to overcome this obstacle. However..

I am being asked to have 30$ received first before ordering the card.

Some people I know said they did not need to do this. So why me, and how could I deal with it? Or maybe I can just go and make Stripe account without ordering payoneer card? I guess my account is already "approved". Yet it would be nice to have card in my hands.

Any help / advice regarding payoneer and stripe would help a lot as I am new to this. Thank you a lot.
 

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rollyfilme

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If you only want to use payoneer as a way to get your money, you can just add you bank account and withdraw your money from payoneer to your bank. so there is no need for a card in that situation. I know you can get the card for free if you register through a ad network or something.
 

Diashen

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If you only want to use payoneer as a way to get your money, you can just add you bank account and withdraw your money from payoneer to your bank. so there is no need for a card in that situation. I know you can get the card for free if you register through a ad network or something.
I see, I connected my bank account and got "Your application to Payoneer is approved!" mail. So I imagine its all set up with payoneer and I can try going for stripe registration now?

By the way, whenever people gonna buy a product using Stripe, I will get money to payoneer, and from payoneer I will be able to withdraw to my bank account if I understand right? This way I would also get those 30$ needed to order the card later on.
 

Diashen

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Payoneer asks everyone for $30, it’ The annual activation fee for the card.
Thats the thing, I asked few people and they ordered card without having to receive any money beforehand. I wonder if I make 30$ soon using stripe / dropshipping, then I will be able to order the card right?
 

Diashen

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Right. But easiest way to use payoneer is to spend using their card.
Using ATMs is 3.15$ fee as far as I can see (google). I wonder what is fee withdrawing it too your bank account card? And I wonder if I make 30$ soon using stripe / dropshipping, then I will be able to order the card?
 

Nerva

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Thats the thing, I asked few people and they ordered card without having to receive any money beforehand. I wonder if I make 30$ soon using stripe / dropshipping, then I will be able to order the card right?
That was in the past. Payoneer changed their policy not long ago.
Yes, you’ll be able to order the card as soon as you get your first $30
 

T2tkid

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Using ATMs is 3.15$ fee as far as I can see (google). I wonder what is fee withdrawing it too your bank account card? And I wonder if I make 30$ soon using stripe / dropshipping, then I will be able to order the card?

I use ATM for withdrawing and each withdrawal fee is $2.15 or thereabout. To transfer money from Payoneer to my local bank account, they charge 25%. who the fkk charge 25 per cent for transferring funds? It is outrageous.
 

soa0611

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I use ATM for withdrawing and each withdrawal fee is $2.15 or thereabout. To transfer money from Payoneer to my local bank account, they charge 25%. who the fkk charge 25 per cent for transferring funds? It is outrageous.
I also use only atms.
Never knew payoneer charge 25% for bank transfer, if it is true for all banks and countries it is ridiculous
 

Diashen

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That was in the past. Payoneer changed their policy not long ago.
Yes, you’ll be able to order the card as soon as you get your first $30
I see, thanks. By the way, I just read this on forum (someone got email from payoneer few days ago)

"With regret, we are writing to inform you that Firstchoice Pay is not receiving or processing any further payments, effective immediately.
Please be aware that you are not able to receive any new payments through Firstchoice Pay. We trust that the companies that pay you will be offering a new way for you to receive your payments. Please contact them directly for more information.
The balance on your card remains available for you to withdraw at ATMs or spend. Your transactions can be viewed and tracked through your account and we will continue to provide you with full customer support.
We would like to take this opportunity to thank you for your business. We have greatly enjoyed serving many loyal customers and offer sincere apologies for any inconvenience this may cause."

Does that mean payoneer is.. something like shutting down or did I misunderstood? I also just found out about Monese and reviews are insanely nice, maybe I should try making Monese account instead..
 

Nerva

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I see, thanks. By the way, I just read this on forum (someone got email from payoneer few days ago)

"With regret, we are writing to inform you that Firstchoice Pay is not receiving or processing any further payments, effective immediately.
Please be aware that you are not able to receive any new payments through Firstchoice Pay. We trust that the companies that pay you will be offering a new way for you to receive your payments. Please contact them directly for more information.
The balance on your card remains available for you to withdraw at ATMs or spend. Your transactions can be viewed and tracked through your account and we will continue to provide you with full customer support.
We would like to take this opportunity to thank you for your business. We have greatly enjoyed serving many loyal customers and offer sincere apologies for any inconvenience this may cause."

Does that mean payoneer is.. something like shutting down or did I misunderstood? I also just found out about Monese and reviews are insanely nice, maybe I should try making Monese account instead..
Payoneer is not shutting down. Payoneer tried expanding their service by creating a new platform called FirstChoicePay, which turned out to be a total disappointment and didn’t get the success they planned for it, and now they’re shutting it down while keeping their main platform.
 

Diashen

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Payoneer is not shutting down. Payoneer tried expanding their service by creating a new platform called FirstChoicePay, which turned out to be a total disappointment and didn’t get the success they planned for it, and now they’re shutting it down while keeping their main platform.
Thanks for explaining, ill stick with payoneer then:)
 

bartosimpsonio

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Using ATMs is 3.15$ fee as far as I can see (google). I wonder what is fee withdrawing it too your bank account card? And I wonder if I make 30$ soon using stripe / dropshipping, then I will be able to order the card?

I don't think there's a fee for spending, only for withdrawal. You can pay all your bills using it, no fees.
 

dpdpdp

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I don't think there's a fee for spending, only for withdrawal. You can pay all your bills using it, no fees.

Of course you can pay with no fees. No one would ever use it if you had to pay fees for paying for stuff.

But the 25% bank trasnfer fee is INSANE! Holy shit!
 

Diashen

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I don't think there's a fee for spending, only for withdrawal. You can pay all your bills using it, no fees.
yep thats what I meant, and by wit
Of course you can pay with no fees. No one would ever use it if you had to pay fees for paying for stuff.

But the 25% bank trasnfer fee is INSANE! Holy shit!
I dont think its 25% tho? Just googled and it seems it depends on bank but it says:

"If you were paid in USD, EUR or GBP and you want to withdraw your money to a bank account of the same currency, the withdrawal fees are fixed:

US – $1.50
EUR – €1.50
GBP – £1.50

It’s also important to keep in mind that additional fees may be charged by your bank. Processing fees, landing fees, or intermediary fees may be deducted from the withdrawn amount by your bank or any other payment provider not directly associated with Payoneer."
 

dpdpdp

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That sounds more reasonable. Soeone above said the fees were 25% which would be a downright scam.
 

T2tkid

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I dont think its 25% tho? Just googled and it seems it depends on bank but it says:

I don't know for you, but I tried sending 500 euro to my local bank account and the fee was 125 euro. (Isn't that 25 per cent?)
I have withdrew the funds via ATM, if note, I would have taken a screenshot to show you. Although, it might depend on your bank and maybe country.
 

dpdpdp

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I don't know for you, but I tried sending 500 euro to my local bank account and the fee was 125 euro. (Isn't that 25 per cent?)
I have withdrew the funds via ATM, if note, I would have taken a screenshot to show you. Although, it might depend on your bank and maybe country.

And where are you from, might I ask?
 
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