Paxum vs Payoneer - Interesting table ...........
 

look at this

http://fuckingnikki.com/gfy/paxumvspayoneeer.jpg

Interdasting :thumbsup

you pay for premium service. no way paxum is the same caliber

Payoneer it may be a bit expensive but their services rocks , never had problems with them and their support really rocks !

Payoneer is awesome, their live support gets shit done on the spot (including verifying documents).

second half of 2014 that would value the company at $700 million :2 cents::2 cents:
probably closer to 800 now

You would also need to look at the transaction fees and exchange rates to get a complete picture. In both cases people throw a lot of money out of the window compared to a regular, free checking account with an ATM card.

They apparently use the same bank in belize to issue the cards too.

- still cheaper than bank wire transfers.
- still more convenient than checks for people in eu.

:thumbsup for both payoneer and paxum

great to have both.

Is the last point (POS purchase) added specifically for Currentlysober?

One sponsor led me to sign up for a Payoneer account.
The activation fee was waived. I pay $2 load funds fee, and only use it for POS purchases.
I'm charged either a $1 or $3 monthly fee depending on # of transactions for previous month. <== Don't like this, but so far I'm okay with it.

interesting

That looks great Nikki! There is a slight error in the information shown though, and the real numbers look even better! :pimp

In case you weren't aware, in January 2015, Paxum completely removed the POS fee for all clients.

All Paxum POS transactions are free!

The actual math (based on 52 card loads (1 per week) and 10 ATM withdrawals/5 POS transactions per month, for 12 months) is as follows:

Payoneer

Activation fee = $24.95
Monthly account fee = 12 x $1.00 = $12
Weekly transfer to card for a year = 52 x $2 = $104
Year of 10 ATM withdrawals per month = 120 x $3.15 = $378
Year of 5 POS transactions per month = 60 x FREE = $0

Total = $518.95 USD

-----

Paxum

Annual Maintenance = $44.95
Weekly transfer to card for a year = 52 x $0.25 = $13
Year of 10 ATM withdrawals per month = 120 x $2 = $240
Year of 5 POS transactions per month = 60 x FREE = $0

Total = $297.95 USD

----

Difference = $221 USD

:thumbsup:thumbsup

Ruth, the difference may be $221, but that's a small price to pay for good, responsive support. When the two companies are compared, in terms of support (and documentation/verification), it's not even close. Sorry.

epassporte ftw !

Never signed up for Payoneer, seems like Paxum is *much* more adopted by affiliate programs.

I just signed up to many programs this week, and most of them offer Paxum, and hardly saw a mention of Payoneer if at all.

for cams / dating payoneer is the most common.

Indeed, payoneer for cams all the way.

Add another $95 so that you actually receive your card :mad:

Thanks Nikki, it's very cool.

I use both, actually Payoneer has deleted this 2USD fees you had to pay to receive the money.
Also, I had to operate a chargeback with Paxum recently and their bank partner is charging me 40USD ! I hate that.

Meanwhile, being able to deal with Ruth, Chris, Vlad and Octav in case of issue, this is priceless.

Yep. :thumbsup:thumbsup

Yep :thumbsup:pimp

payoneer all the way.

I get paid by FFN to payoneer and do not pay anything for the load!

Ruth please explain what happens if I book a hotel using Paxum and than cancel later for a refund. What happens to that refund? Payoneer simply credits it back to my account. What happens with Paxum?

When you make a hotel reservation and provide a deposit with your Paxum card, but then you choose to cancel your hotel reservation; once the pending request has been cancelled by the merchant (hotel), the pending funds are returned to your Paxum account and become available again. :thumbsup

I take lots of pills..

That would be an example of a transaction that never batched as it was pending always. Any difference when the hotel deducted funds then refunded funds as a refund?

Add lots of alcohol to balance ...

When I make a booking with hotels.com the charge is not pending, it charges right away. I can than cancel anytime 24hrs before check in. What happens with the refund than? Payoneer simply returns to account (minus the 1% fee I think).

According to some users, your card is blocked and you go through hell to get it unblocked. Also, what happens with the money is another question. There are a lot of instances when someone needs to refund to the original card of purchase even months after the payment is made.

^^figured that was what you were getting at since the question was a refund and the answer was regarding a void.

:1orglaugh:1orglaugh

This is the 3rd time I asked Ruth this question on this board and still did not receive any reply.

Huge difference..didnt know its few time multiple

Switch to booking.com
Problem solved. :winkwink:

Had no issues with Paxum...

business thread of the year, vote! :thumbsup

:thumbsup