Okay, It took an entire week to just transfer money from my partner to the service.
Now I want to withdraw my money from the service (and finally forget about it forever) to the bank account.
And guess what? I have to wait for more than a week again. They take 24 hours to review it and then 5 days to withdraw my money.
Moreover, apparently, they start your withdrawing once you confirmed it by email. But, what a surprise, you don't receive any. So I had to contact them by online chat, wait for an 40 minutes just to confirm my operation.
They are still in stone age in every aspect.
I still can't believe it, thanks God I have some money on me, this service is totally unreliable.
Still, if you have any other option, stay away.
Hello Mike,
Thank you for providing an honest feedback of our services,
We understand your concern and frustration, in getting your funds as soon as possible. We are working hard to have this process go by smoothly and quickly as possible. However, there are just some steps that unfortunately we have no control.
When a transfer gets done at Payoneer, we use a provider. In other words, we use another bank so the funds can arrive to your local bank account. Now depending in what currency your local bank account is, can vary in how long the funds can take to arrive. Usually we give our clients up to 5 business days for the funds to arrive to their account. There are cases in which funds can arrive that same day of when the transfer was initiated. This can be due to the type of bank and how fast they receive any transfers. We, do not have this information as this relies on your local bank account. In short, it is not about how many people we have but how banking systems work, especially if an intermediate bank is involved.
Like stated, we greatly appreciate your feedback and will let our internal teams know about your review. This can help us better improve the quality of service we provide to our clients, like yourself.
Best,
The Payoneer Team