Comments on: Payoneer’s Virtual US Bank Accounts Make International Cash Out Easier http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/ Startup and Technology News Fri, 27 Nov 2009 04:17:19 -0800 hourly 1 By: Infiyaz Khalid http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-3094110 Infiyaz Khalid Fri, 13 Nov 2009 04:14:53 +0000 http://www.techcrunch.com/?p=19756#comment-3094110 Without any doubt, I've found Payoneer to be the best international payout solution AND this article is simple cool. But here are my issues about the Payoneer virtual US account... I hope Tomer or someone else from payoneer can answer them for me. 1. It is clear that the virtual account can receive payments such as ACH. And in a recent mail from Tomer, I learnt that the fee per transaction is 1%. Is this for funds coming IN or OUT? 2. Is there a minimum balance that should be maintained in the virtual account? If so, what is it? 3. In a recent mail (from Tomer), I learnt that the virtual account can RECEIVE money from paypal as well. BUT as a Sri Lankan, I CANNOT receive money to my Paypal account (if I had one). So even if I had a virtual account it would mean that I cannot receive paypal funds. Is this correct? Many thanks! Khalid Without any doubt, I’ve found Payoneer to be the best international payout solution AND this article is simple cool.

But here are my issues about the Payoneer virtual US account… I hope Tomer or someone else from payoneer can answer them for me.

1. It is clear that the virtual account can receive payments such as ACH. And in a recent mail from Tomer, I learnt that the fee per transaction is 1%. Is this for funds coming IN or OUT?

2. Is there a minimum balance that should be maintained in the virtual account? If so, what is it?

3. In a recent mail (from Tomer), I learnt that the virtual account can RECEIVE money from paypal as well. BUT as a Sri Lankan, I CANNOT receive money to my Paypal account (if I had one). So even if I had a virtual account it would mean that I cannot receive paypal funds. Is this correct?

Many thanks!
Khalid

]]> By: rana http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-3059497 rana Tue, 27 Oct 2009 08:57:11 +0000 http://www.techcrunch.com/?p=19756#comment-3059497 can all get virtual US account? can all get virtual US account?

]]> By: Vlad http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-3055471 Vlad Sat, 24 Oct 2009 20:29:28 +0000 http://www.techcrunch.com/?p=19756#comment-3055471 My card http://www.vanfunds.com/free-debit-card.html My card
http://www.vanf...debit-card.html

]]> By: global payments http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2852803 global payments Mon, 13 Jul 2009 19:47:08 +0000 http://www.techcrunch.com/?p=19756#comment-2852803 Thats cool... i can see how some would prefer this to paypal. -Jack Thats cool… i can see how some would prefer this to paypal.
-Jack

]]> By: Ali http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2796315 Ali Thu, 11 Jun 2009 19:52:45 +0000 http://www.techcrunch.com/?p=19756#comment-2796315 How to get US virtual account attached with these cards? How to get US virtual account attached with these cards?

]]> By: Umer http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2795210 Umer Thu, 11 Jun 2009 04:32:38 +0000 http://www.techcrunch.com/?p=19756#comment-2795210 Actually Payoneer solved hundreds of problems. especially for those who don't have PayPal in their countries. Payoneer and 2checkout are really awesome combination. Although its fees are much but still its services are much more then that...:) Thanks Umer Hayat Actually Payoneer solved hundreds of problems. especially for those who don’t have PayPal in their countries. Payoneer and 2checkout are really awesome combination.

Although its fees are much but still its services are much more then that…:)

Thanks
Umer Hayat

]]> By: Bamidele http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2794207 Bamidele Wed, 10 Jun 2009 17:06:17 +0000 http://www.techcrunch.com/?p=19756#comment-2794207 Right now i am in Nigeria, so how will i apply for Payoneer as a Nigerian? Right now i am in Nigeria, so how will i apply for Payoneer as a Nigerian?

]]> By: stef http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2793154 stef Wed, 10 Jun 2009 00:33:05 +0000 http://www.techcrunch.com/?p=19756#comment-2793154 Hello can anyone tell me how to get one of these cards? or send me a link where i can register? thx stef Hello

can anyone tell me how to get one of these cards?
or send me a link where i can register?

thx

stef

]]> By: Amy http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2684945 Amy Sat, 04 Apr 2009 19:13:52 +0000 http://www.techcrunch.com/?p=19756#comment-2684945 Why does Payoneer ask for your Social Security Number??? I was signing up for a card to use for survey rewards I'm receiving. I stopped at that point in the process because it seems risky to give that info! Why does Payoneer ask for your Social Security Number??? I was signing up for a card to use for survey rewards I’m receiving. I stopped at that point in the process because it seems risky to give that info!

]]> By: DAWOOD http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2621787 DAWOOD Wed, 11 Feb 2009 06:10:41 +0000 http://www.techcrunch.com/?p=19756#comment-2621787 Hi, PayPal does not provide service to Pakistan. I need to purchase many things from from. Please suggest how i pay through PAYONEER or give me procedure Thanks Dawood Hi,
PayPal does not provide service to Pakistan. I need to purchase many things from from. Please suggest how i pay through PAYONEER or give me procedure

Thanks

Dawood

]]> By: Kevin http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2615851 Kevin Wed, 04 Feb 2009 10:03:47 +0000 http://www.techcrunch.com/?p=19756#comment-2615851 Check out these sites, great for the international merchants: http://www.usabankaccount.net http://www.openusbankaccount.com They have information on how to open U.S. Bank Accounts for non-U.S. citizens and non-U.S. residents. Includes Wells Fargo, Bank of America, E*Trade, Charles Schwab, Citi Bank, SunTrust, Chase, etc. Cheers, Check out these sites, great for the international merchants:

http://www.usabankaccount.net
http://www.open...bankaccount.com

They have information on how to open U.S. Bank Accounts for non-U.S. citizens and non-U.S. residents. Includes Wells Fargo, Bank of America, E*Trade, Charles Schwab, Citi Bank, SunTrust, Chase, etc.

Cheers,

]]> By: Ali http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2546476 Ali Tue, 25 Nov 2008 19:42:11 +0000 http://www.techcrunch.com/?p=19756#comment-2546476 1- Is it possible to load the card with Paypal funds? 2- Is it possible to pay less than 3% for withdrawal in Turkey? What are the factors which determine this percentage? Because http://www.payoneer.com/CardholderFees.aspx says that "$2.15 + UP TO 3%" for each ATM withdrawal outside US. What do you mean by "up to"? 3- What is the fee if I use it at a Point of Sale outside of US? I know my USD money in my card will be converted to my national currency when I withdraw and shop. Where can I see the current rates actually being applied at this moment especially the rate of USD / TRY ? Thanks. 1- Is it possible to load the card with Paypal funds?
2- Is it possible to pay less than 3% for withdrawal in Turkey? What are the factors which determine this percentage? Because http://www.payo...holderFees.aspx says that “$2.15 + UP TO 3%” for each ATM withdrawal outside US. What do you mean by “up to”?
3- What is the fee if I use it at a Point of Sale outside of US?

I know my USD money in my card will be converted to my national currency when I withdraw and shop. Where can I see the current rates actually being applied at this moment especially the rate of USD / TRY ?

Thanks.

]]> By: Ravi http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2544291 Ravi Sun, 23 Nov 2008 16:14:09 +0000 http://www.techcrunch.com/?p=19756#comment-2544291 Well I have been using these cards for almost four months now and mostly used them online for shopping in US$. Once I tried to withdraw funds from a local ATM but the transaction was declined stating Contact the Bank which issued the card. I do not know what was the problem. Strictly speaking instead of Master Card Payoneer should provide both Master Card and Visa Debit Cards. This would be great. What do you think Allan or Tomar Well I have been using these cards for almost four months now and mostly used them online for shopping in US$. Once I tried to withdraw funds from a local ATM but the transaction was declined stating Contact the Bank which issued the card. I do not know what was the problem.

Strictly speaking instead of Master Card Payoneer should provide both Master Card and Visa Debit Cards. This would be great. What do you think Allan or Tomar

]]> By: luxury french villa rentals in the south of France http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2517338 luxury french villa rentals in the south of France Wed, 29 Oct 2008 19:55:03 +0000 http://www.techcrunch.com/?p=19756#comment-2517338 * Some ATM like machines such as Metro Ticket machines which accept Visa/Mastercard and debit cards did not accept the Payoneer card to purchase a Metro Ticket etc. We believe Payoneer should review their "wrong PIN" policy to ensure card holders are not charged extra fees just because they are used to their hand movements. Of course we agree that you should better type by numbers, but if you watch yourself typing next time you might just notice that you enter your number by remembering moves instead of actually typing in your secret PIN number * Some ATM like machines such as Metro Ticket machines which accept Visa/Mastercard and debit cards did not accept the Payoneer card to purchase a Metro Ticket etc.

We believe Payoneer should review their “wrong PIN” policy to ensure card holders are not charged extra fees just because they are used to their hand movements. Of course we agree that you should better type by numbers, but if you watch yourself typing next time you might just notice that you enter your number by remembering moves instead of actually typing in your secret PIN number

]]> By: language translation http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2512357 language translation Fri, 24 Oct 2008 12:56:04 +0000 http://www.techcrunch.com/?p=19756#comment-2512357 The new offering allows Payoneer card holders that live outside the US to receive direct Automated Clearing House (ACH) deposits/payments without the necessity of actually having a US bank account. For me thats great ! The new offering allows Payoneer card holders that live outside the US to receive direct Automated Clearing House (ACH) deposits/payments without the necessity of actually having a US bank account.

For me thats great !

]]> By: European removals http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2507507 European removals Mon, 20 Oct 2008 14:44:04 +0000 http://www.techcrunch.com/?p=19756#comment-2507507 Payoneer card and services are excellent, I’ve been using them for the last year and I’m very happy, number one solution for international payments. Only wish that the cuurecny could be changed as i get hammered with dollars to euro conversion. In this climate i also worry about the company going bust so i like to get my money out quickly Payoneer card and services are excellent, I’ve been using them for the last year and I’m very happy, number one solution for international payments. Only wish that the cuurecny could be changed as i get hammered with dollars to euro conversion.

In this climate i also worry about the company going bust so i like to get my money out quickly

]]> By: Boris Torres http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2482872 Boris Torres Fri, 26 Sep 2008 17:59:23 +0000 http://www.techcrunch.com/?p=19756#comment-2482872 Peru is also banned from receiveng funds. I sell leather journals and would like to know if anyone happens to know of other 2checkout way of getting paid online? Thanks and great article. Peru is also banned from receiveng funds. I sell leather journals and would like to know if anyone happens to know of other 2checkout way of getting paid online?

Thanks and great article.

]]> By: Kamran http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2438560 Kamran Sat, 16 Aug 2008 06:34:39 +0000 http://www.techcrunch.com/?p=19756#comment-2438560 I second you Ghaus! Paypal surely does lose quite a business here! I second you Ghaus! Paypal surely does lose quite a business here!

]]> By: Ghaus http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2436116 Ghaus Wed, 13 Aug 2008 16:46:03 +0000 http://www.techcrunch.com/?p=19756#comment-2436116 I am from Pakistan ! Does Payoneer work in Pakistan ? BTW when the fuck is PayPal coming to Pakistan ? I think they all are missing billions of dollar of e-commerce transactions in Pakistan. I am from Pakistan ! Does Payoneer work in Pakistan ?

BTW when the fuck is PayPal coming to Pakistan ?

I think they all are missing billions of dollar of e-commerce transactions in Pakistan.

]]> By: nishchal http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2432434 nishchal Sat, 09 Aug 2008 02:55:05 +0000 http://www.techcrunch.com/?p=19756#comment-2432434 where to create a new payoneer account?? where to create a new payoneer account??

]]> By: Felix http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2430808 Felix Thu, 07 Aug 2008 01:19:47 +0000 http://www.techcrunch.com/?p=19756#comment-2430808 Payoneer is great, I just figured out that people can load in money to me from another credit or debit card. It's almost like a bank account Payoneer is great, I just figured out that people can load in money to me from another credit or debit card. It’s almost like a bank account

]]> By: Payoneer Raises $8 million Series B From Greylock And Carmel http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2418847 Payoneer Raises $8 million Series B From Greylock And Carmel Thu, 24 Jul 2008 16:28:58 +0000 http://www.techcrunch.com/?p=19756#comment-2418847 [...] advantage over Paypal in the micro-payments arena is that it makes international payments easier by not requiring a bank account for verification. Websites like iStockPhoto or Metacafe can issue [...] [...] advantage over Paypal in the micro-payments arena is that it makes international payments easier by not requiring a bank account for verification. Websites like iStockPhoto or Metacafe can issue [...]

]]> By: Viktor http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2413396 Viktor Sat, 19 Jul 2008 21:45:21 +0000 http://www.techcrunch.com/?p=19756#comment-2413396 Hi Tomer! I am very interested Payoneer Virtual US Account. When this will work? I know that some customers have already offered Payoneer use such accounts. How can I become such a user? I have 2 cards Payoneer. Thank you! Hi Tomer!
I am very interested Payoneer Virtual US Account. When this will work?
I know that some customers have already offered Payoneer use such accounts. How can I become such a user? I have 2 cards Payoneer.
Thank you!

]]> By: Tomer http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2412059 Tomer Fri, 18 Jul 2008 06:28:15 +0000 http://www.techcrunch.com/?p=19756#comment-2412059 Hi Asad, Payoneer will only issue cards if the users asking for the card registered to get the card from one of our partners , we only work with US corporation paying users worldwide, we don’t serve walk-ins, among our partners you can find companies like iStockPhoto, 2Checkout, Elance, oDesk, etc hence we always verify the destination of the funds are coming from one of them. Regarding the website, that for the feedback, stay tuned for upcoming updates Thanks --Tomer Payoneer Hi Asad,

Payoneer will only issue cards if the users asking for the card registered to get the card from one of our partners , we only work with US corporation paying users worldwide, we don’t serve walk-ins, among our partners you can find companies like iStockPhoto, 2Checkout, Elance, oDesk, etc hence we always verify the destination of the funds are coming from one of them. Regarding the website, that for the feedback, stay tuned for upcoming updates

Thanks
–Tomer
Payoneer

]]> By: Asad http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/comment-page-1/#comment-2411985 Asad Fri, 18 Jul 2008 04:52:35 +0000 http://www.techcrunch.com/?p=19756#comment-2411985 Where do you think most spyware/malware authors live ? spammer networks ? Now that the authorities have started to crack down on egold payments they need a new way to get their payments. "C – Money laundering involves money from illegal sources, since we verify the source and destination of the funds and we open this service only to selected card holders this is not the case." What if it's not illegal to spam in the country the money is being sent to ? How are the source and destination verified ? And what happens if a US/European agency comes knocking ? It would be nice to have these questioned answered on a website. Where do you think most spyware/malware authors live ? spammer networks ? Now that the authorities have started to crack down on egold payments they need a new way to get their payments.
“C – Money laundering involves money from illegal sources, since we verify the source and destination of the funds and we open this service only to selected card holders this is not the case.”

What if it’s not illegal to spam in the country the money is being sent to ? How are the source and destination verified ? And what happens if a US/European agency comes knocking ? It would be nice to have these questioned answered on a website.

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