Payoneer?

The_stingemeister

Decided to take up Google's compensation offer for their recent update and consequent battery failure for the Pixel 4A phone. You must create a Payoneer account. But I see there is an account inactivity fee of $29 if unused for 12 months.
So once they've sent the money through to my bank I will cancel the account, I don't know what else I could use it for. Unless anyone knows of any other use for Payoneer... maybe as a travel card with cash loaded on it? I can't think of anything and I already have PayPal. 

Anyone have any dealings with Payoneer?

Eyeful

Payoneer: This company offers a range of services, including:

1. Cross-border payments in more than 150 local currencies
2. Online payment processing for digital businesses
3. Virtual bank accounts in local currencies
4. Reloadable prepaid MasterCard debit cards
5. Working capital solutions for businesses

They are used by freelancers, businesses, and online sellers to send and receive payments globally
If are not interested in any of these services you have no need for the account.

Voyager2002

I used Payoneer for a while (it is often used by international companies to pay on-line workers). Their fees for currency exchange are extortionate, as are their fees for transferring funds to your bank account.

Can't you get Google to send the money in another way?

eskbanker

Eyeful said:

Payoneer: This company offers a range of services, including:

1. Cross-border payments in more than 150 local currencies
2. Online payment processing for digital businesses
3. Virtual bank accounts in local currencies
4. Reloadable prepaid MasterCard debit cards
5. Working capital solutions for businesses

They are used by freelancers, businesses, and online sellers to send and receive payments globally
If are not interested in any of these services you have no need for the account.

That looks suspiciously like the output from asking AI about them, or are you claiming those as your own words?

The_stingemeister

Voyager2002 said:

I used Payoneer for a while (it is often used by international companies to pay on-line workers). Their fees for currency exchange are extortionate, as are their fees for transferring funds to your bank account.

Can't you get Google to send the money in another way?

I doubt it. They just say it's all through Payoneer.

Eyeful

eskbanker said:

Eyeful said:

Payoneer: This company offers a range of services, including:

1. Cross-border payments in more than 150 local currencies
2. Online payment processing for digital businesses
3. Virtual bank accounts in local currencies
4. Reloadable prepaid MasterCard debit cards
5. Working capital solutions for businesses

They are used by freelancers, businesses, and online sellers to send and receive payments globally
If are not interested in any of these services you have no need for the account.

That looks suspiciously like the output from asking AI about them, or are you claiming those as your own words?

The last sentence are my own words.  

eskbanker

Eyeful said:

eskbanker said:

Eyeful said:

Payoneer: This company offers a range of services, including:

1. Cross-border payments in more than 150 local currencies
2. Online payment processing for digital businesses
3. Virtual bank accounts in local currencies
4. Reloadable prepaid MasterCard debit cards
5. Working capital solutions for businesses

They are used by freelancers, businesses, and online sellers to send and receive payments globally
If are not interested in any of these services you have no need for the account.

That looks suspiciously like the output from asking AI about them, or are you claiming those as your own words?

The last sentence are my own words.  

If you've nicked 'borrowed' the rest from somewhere else, it ought to be attributed accordingly - the forum rules actually say "Please refrain from reproducing material that is not written by you" but this is primarily for copyright reasons, and hasn't really caught up with AI infiltrating the forum, a subject that's generated some recent admin chat:

MSE_James said:

If you see a post you suspect to be AI-generated, please do report it using the 'report' button - the 'technical disruption' option is probably the best fit. We can and do regularly remove such posts and take appropriate action.  

https://forums.moneysavingexpert.com/discussion/comment/81194368/#Comment_81194368

Having said that, it still seems to me that posting copypasta isn't necessarily a bad thing but only if it's clearly identified as such (and relevant!).

Eyeful

I thought it was relevant and helpful to the OP, which was way I posted it and your point noted.

PRAISETHESUN

The_stingemeister said:

Decided to take up Google's compensation offer for their recent update and consequent battery failure for the Pixel 4A phone. You must create a Payoneer account. But I see there is an account inactivity fee of $29 if unused for 12 months.
So once they've sent the money through to my bank I will cancel the account, I don't know what else I could use it for. Unless anyone knows of any other use for Payoneer... maybe as a travel card with cash loaded on it? I can't think of anything and I already have PayPal. 

Anyone have any dealings with Payoneer?

I've also been forced to open a unwanted Payoneer account to receive my £40 from Google for my Pixel 4a compensation. Received the money into my bank account tonight and I intend to close it down shortly. Can't see any benefit to having it over any of the other accounts I already hold.

It mostly seems to be a vehicle to receive add revenue from Google advertising, etc