Payoneer Review
Updated January 16, 2024

Payoneer Review

Britt Malka | TrustRadius Reviewer
Score 1 out of 10
Vetted Review
Verified User

Software Version

Other

Overall Satisfaction with Payoneer

In my experience, somebody got unauthorized access to my account. I believe my worst mistake was to report that it was hacked. I believe it didn't help me and it made my situation worse. Payoneers support (many different persons contacted me) worked diligently and went through a lot of trouble to put up roadblocks for me in my opinion. In my experience, a Payoneer supporter went as far as to research the validation of Israeli ID cards. In my opinion, their research isn't up to date. The Israeli government extended the validation period In my experience, Payoneer got the address to the Israeli government site, the page about renew your id 2022 with proof. In my experience, this is what has happened and what I've done so far: Somebody got unauthorized access to my account and instantly moved $480 to his own Payoneer account with the email address: (removed but sent several times to Payoneer) without my permission. I received Payoneer's email about the illegal transaction with a link to use immediately if I hadn't authorized it. I clicked the link which led me to Payoneer's maze page with several types of support. It took me around 10 minutes to find the right place.. and I could only find a number in US. I don't live in the US. I can only use my phone in Israel. So I spent another 10 minutes figuring out how to charge Skype so I could call long-distance to the US from Israel. The supporter I talked to would create a ticket. * Got email from a Payoneer supporter. Got told to use another email address and reply to the questions I would receive. They needed a copy of a valid government-issued ID. No reply from Payoneer. I wrote and asked for an update and wrote on LinkedIn, too. Then I was asked one week later to provide a government-issued ID which I'd already done. I had to send another government-issued ID, I was told. I replied that I didn't have any other. I don't have a car and I don't travel. Thus my driver's license is old and in my maiden name. Still valid, though. And I don't have a passport since I have no need for it. In my experience, after several emails from Payoneer asking me for another Government issued ID, which I've already said several times I didn't have, came the email from yet another supporter, around 2:30 am my time. In my opinion, this latest email showed proof of no compassion but lots of energy putting into making things hard for me. In my experience, the supporter claimed falsely that my ID was no longer valid, which is not true. Result: I don't have access to my account. I have lost $480 and also around 4 EUR and around $2.50 USD. Plus a pending payment hasn't been accepted since November 15, and I'm expecting more money coming from Amazon in five days or less. In my opinion do yourself a favor and take out your money from Payoneer.
  • I believe they are great at charging fees both for paying for products and for receiving money
  • I believe they can accept payments from Amazon KDP and ClickBank
  • In my opinion, hey are excellent in making life tough for honest account holders
  • In my opinion, Non-existing customer service
  • In my opinion, Slow customer service
  • In my opinion, Support uses canned replies
  • In my opinion, Support either don't understand English or doesn't read it
  • In my opinion, Provides a useless link when you need fast help
  • In my opinion, Could be smoother in accepting money from private persons
  • Being able to receive money from KDP Amazon
  • Letting me use a debit card on Amazon
  • Right now a loss of more than $500 (the $480 stolen, the money on my cards, the pending payment they don't accept)

Do you think Payoneer delivers good value for the price?

No

Are you happy with Payoneer's feature set?

No

Did Payoneer live up to sales and marketing promises?

No

Did implementation of Payoneer go as expected?

No

Would you buy Payoneer again?

No

I believe it was a horrible experience and I wouldn't recommend them to my worst enemy. I did in the past. I was an eager affiliate because I liked their service. But in my experience, first they came up with crazy claims when my son (who lived in Ukraine back then) made an account and later they refused my friend's account with the reasoning that "they didn't do business with that kind of persons" (she taught hypnosis and self-help). In my opinion, they make you jump through hoops to "confirm your identity" for an account I've had since 2012. Plus, their security is non-existent in my opinion. I believe I will never trust them with money again. If they reopen my account (notice, I could have it closed without giving my ID), I will immediately withdraw every single payment I receive. In my opinion, I don't trust them one bit.



Payoneer Feature Ratings

Fraud Detection
1
API or SDK
Not Rated
Recurring Payment Support
Not Rated
Billing and Invoicing Support
1
Global Support
1
Payment Form Acceptance
1