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 Thu, 04 Dec 2008 22:14:18 +0000 http://wordpress.org/?v=2.6.5 By: Ali http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#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.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.

]]> By: Ravi http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#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-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-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-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-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-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-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-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-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-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-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-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-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.

]]> By: jb http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2409438 jb Tue, 15 Jul 2008 19:07:41 +0000 http://www.techcrunch.com/?p=19756#comment-2409438 Payoneer is having tech issues on my daughters prepaid mastercard is not working. She's in Israel (with no access to money) and I am in the U.S. This has been going on for 3 days. Payoneer should get their technology working correctly before marketing additional services. Payoneer is having tech issues on my daughters prepaid mastercard is not working. She’s in Israel (with no access to money) and I am in the U.S. This has been going on for 3 days. Payoneer should get their technology working correctly before marketing additional services.

]]> By: James Chambers http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2405460 James Chambers Fri, 11 Jul 2008 05:52:23 +0000 http://www.techcrunch.com/?p=19756#comment-2405460 10:50pm on the 10th, the site is down with a "server is too busy". Should I be concerned that this is the message I've been receiving for the last 5 hours? I'm not sure how comfortable I am going to feel with financial transactions going over Twitter-sized servers. 10:50pm on the 10th, the site is down with a “server is too busy”.

Should I be concerned that this is the message I’ve been receiving for the last 5 hours?

I’m not sure how comfortable I am going to feel with financial transactions going over Twitter-sized servers.

]]> By: [Payoneer.com] - Makes International Cash Out Easier, New Way Of Withdrawing Your PayPal Money. | Through the Xerrascope http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2405304 [Payoneer.com] - Makes International Cash Out Easier, New Way Of Withdrawing Your PayPal Money. | Through the Xerrascope Fri, 11 Jul 2008 01:34:17 +0000 http://www.techcrunch.com/?p=19756#comment-2405304 [...] I discovered about this when I was reading articles from TechCrunch.com, Payoneer.com a payment service provider had launch their “Payoneer Virtual US Account”. This new service enables and simplifies payment cash out for international payees. In the article they said Payoneer card holders that live outside US will be able to receive direct Automated Clearing House (ACH) deposits or payments without the need of having a real US bank account. After reading all of the article, I managed to found out that bloggers like us could use their service to cash out our PayPal money. Another thing is, Payoneer’s Virtual US Account program is still in pilot mode and right now only available to a select group of cardholders, for whom Payoneer can accurately verify the source and destination of funds. So, I think we still have to wait for some time before we can apply for Payoneer’s Virtual US Account. You can check for more info about the article HERE. [...] [...] I discovered about this when I was reading articles from TechCrunch.com, Payoneer.com a payment service provider had launch their “Payoneer Virtual US Account”. This new service enables and simplifies payment cash out for international payees. In the article they said Payoneer card holders that live outside US will be able to receive direct Automated Clearing House (ACH) deposits or payments without the need of having a real US bank account. After reading all of the article, I managed to found out that bloggers like us could use their service to cash out our PayPal money. Another thing is, Payoneer’s Virtual US Account program is still in pilot mode and right now only available to a select group of cardholders, for whom Payoneer can accurately verify the source and destination of funds. So, I think we still have to wait for some time before we can apply for Payoneer’s Virtual US Account. You can check for more info about the article HERE. [...]

]]> By: denis vacher http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2404255 denis vacher Thu, 10 Jul 2008 10:08:30 +0000 http://www.techcrunch.com/?p=19756#comment-2404255 Hi, we have that kind of services in France too, for example Flouss.com . It seems to be very similar to payoneer : you have technical accounts in France and you reload a banking card which is abroad and you can withdraw the money from any ATM. You may also use SMS to send the reload instruction. Hi, we have that kind of services in France too, for example Flouss.com . It seems to be very similar to payoneer : you have technical accounts in France and you reload a banking card which is abroad and you can withdraw the money from any ATM. You may also use SMS to send the reload instruction.

]]> By: Tomer http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2404167 Tomer Thu, 10 Jul 2008 08:19:36 +0000 http://www.techcrunch.com/?p=19756#comment-2404167 I forgot to mention in my previous comment that Payonner has a patent pending for its CIP (customer identification process) and KYC (know your customer) technology. Lots of our R&D resources are spent developing technology to deal with user identification and compliant issue related to international payments, we take these challenges very seriously and are dedicated to continue developing the best technology for a best practice in international payments. Tomer Payoneer I forgot to mention in my previous comment that Payonner has a patent pending for its CIP (customer identification process) and KYC (know your customer) technology.
Lots of our R&D resources are spent developing technology to deal with user identification and compliant issue related to international payments, we take these challenges very seriously and are dedicated to continue developing the best technology for a best practice in international payments.

Tomer
Payoneer

]]> By: greendrug http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2404164 greendrug Thu, 10 Jul 2008 08:06:24 +0000 http://www.techcrunch.com/?p=19756#comment-2404164 Russian residents have no ability to _receive_ money to their PayPal accounts, only to make payments to other accounts. Russian residents have no ability to _receive_ money to their PayPal accounts, only to make payments to other accounts.

]]> By: Paul http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2404137 Paul Thu, 10 Jul 2008 07:27:55 +0000 http://www.techcrunch.com/?p=19756#comment-2404137 Payoneer card and services rock, I’ve been using them for the last year and I’m very happy, number one solution for international payments. Payoneer card and services rock, I’ve been using them for the last year and I’m very happy, number one solution for international payments.

]]> By: iqbal http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2404109 iqbal Thu, 10 Jul 2008 07:06:31 +0000 http://www.techcrunch.com/?p=19756#comment-2404109 Hi PayPal does not provide service to Pakistan so we miss a lot on online transactions , affiliates etc. Will PAYONEER work that service for Pakistan. Thanks. Hi
PayPal does not provide service to Pakistan so we miss a lot on online transactions , affiliates etc. Will PAYONEER work that service for Pakistan.
Thanks.

]]> By: Freedom http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2403930 Freedom Thu, 10 Jul 2008 04:14:15 +0000 http://www.techcrunch.com/?p=19756#comment-2403930 The cards are being funded by US corporations. The source of funds is well known this is why it is not considered money laundering. It is no differnet than a US corporation mailing a paper check. The cards are being funded by US corporations. The source of funds is well known this is why it is not considered money laundering. It is no differnet than a US corporation mailing a paper check.

]]> By: TechCrunch Japanese アーカイブ » Payoneerのバーチャル米国銀行口座で、海外送金がカンタンに http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2403623 TechCrunch Japanese アーカイブ » Payoneerのバーチャル米国銀行口座で、海外送金がカンタンに Thu, 10 Jul 2008 00:44:45 +0000 http://www.techcrunch.com/?p=19756#comment-2403623 [...] [原文へ] [...] [...] [原文へ] [...]

]]> By: Jon http://www.techcrunch.com/2008/07/09/payoneers-virtual-us-bank-accounts-make-international-cash-out-easier/#comment-2403324 Jon Wed, 09 Jul 2008 20:58:35 +0000 http://www.techcrunch.com/?p=19756#comment-2403324 It seems that Paypal can easily prevent this service interacting with Paypal accounts. The minute that Russian hackers start loading Paypal accounts with fraudulent transactions in order to quickly cash out through a new payment system, Paypal will prevent it. Paypal doesn't offer service in parts of the world for a very good reason. It seems that Paypal can easily prevent this service interacting with Paypal accounts. The minute that Russian hackers start loading Paypal accounts with fraudulent transactions in order to quickly cash out through a new payment system, Paypal will prevent it.

Paypal doesn’t offer service in parts of the world for a very good reason.

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