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Has anyone tried Payoneer Escrow? Can you give some feedback?
Thanks
Thanks
Then they will verify your entered bank details...You can have payments sent directly to your bank account using Payoneer Escrow. When you login to your Payoneer Escrow account, go to your Account Settings page> click the green link named: Setup Payoneer Payout> click New to Payoneer> select: Direct to Bank Account and add your Ukraine bank account information.
I had a deal with Payoneer yesterday, I used their "request a payment" system, now it's asking for a government ID from ME (Canada) and the BUYER (US).
1- Apparently had to go to Escrow.Payoneer.com instead of going to Payoneer.com to request the payment where the Escrow tab doesn't exist or to the least is not evident at all.
2- Apparently you need an Escrow.Payoneer.com as well as a Payoneer.com account to be able to do the transaction and be able to withdraw funds.
3- Apparently even in Payoneer's Escrow service, they may at any time ask for Government ID
from the buyer.
How is this simple for domainers
So basically, not very different from ESCROW.com!! which is the whole reason I was switching over.
As a result, my buyer who is a professional but hasn't heard of Payoneer doesn't want to provide sensitive info to a company he doesn't know. Deal is in limbo now. Won't say what name, but it was for $1000 US.
Good experience, but they need to get that CC limit up to $5KJust completed my first payoneer escrow transaction a few days ago. Basically...
1) Signed up at https://escrow.payoneer.com/
2) Added my bank details for payment disbursement
3) Generated an invoice for buyer with escrow fees to be paid for by the buyer as usual
Buyer paid, pushed domain, they get a day to dispute anything, if no disputes then funds released straight to my bank. Was more of a test to see how things go there as liked Brandon when he was with Escrow.com and basically who I've used for 14 years. Since everything went smooth I've replaced the Escrow.com banner with a Payoneer Escrow banner on one of my domain sales sites and I'll be using them exclusively from here on out pending things continue to run smooth like this first transaction has. Can't comment on other payment methods as I'm in the USA and have always just used ACH straight to the bank which results in $0 deductions from me. I have a regular Payoneer account but wasn't needed since I was using ACH payments as bank details for payment can be added direct inside the https://escrow.payoneer.com/ account.
I had a deal with Payoneer yesterday, I used their "request a payment" system, now it's asking for a government ID from ME (Canada) and the BUYER (US).
1- Apparently had to go to Escrow.Payoneer.com instead of going to Payoneer.com to request the payment where the Escrow tab doesn't exist or to the least is not evident at all.
2- Apparently you need an Escrow.Payoneer.com as well as a Payoneer.com account to be able to do the transaction and be able to withdraw funds.
3- Apparently even in Payoneer's Escrow service, they may at any time ask for Government ID
from the buyer.
How is this simple for domainers
So basically, not very different from ESCROW.com!! which is the whole reason I was switching over.
As a result, my buyer who is a professional but hasn't heard of Payoneer doesn't want to provide sensitive info to a company he doesn't know. Deal is in limbo now. Won't say what name, but it was for $1000 US.
Here we are in the 21st century, and we still don't seem able to make international payments with any degree of ease and efficiency ( except for Bitcoin of course). I'm in the UK, and when Escrow.com wanted to send me payment for a name I had sold, the most cost effective and efficient method was for them to send me a cheque through the post.
I really can't see escrow sitting idle, and watching their business fail. I have talked to a few brokers who are having issues completing deals also. I don't know what their plan b is, but they are losing sales.What are we down to now?
Just Sedo escrow and Epik escrow.
Good experience, but they need to get that CC limit up to $5K
Thanks Jay,Just completed my first payoneer escrow transaction a few days ago. Basically...
1) Signed up at https://escrow.payoneer.com/
2) Added my bank details for payment disbursement
3) Generated an invoice for buyer with escrow fees to be paid for by the buyer as usual
Buyer paid, pushed domain, they get a day to dispute anything, if no disputes then funds released straight to my bank. Was more of a test to see how things go there as liked Brandon when he was with Escrow.com and basically who I've used for 14 years. Since everything went smooth I've replaced the Escrow.com banner with a Payoneer Escrow banner on one of my domain sales sites and I'll be using them exclusively from here on out pending things continue to run smooth like this first transaction has. Can't comment on other payment methods as I'm in the USA and have always just used ACH straight to the bank which results in $0 deductions from me. I have a regular Payoneer account but wasn't needed since I was using ACH payments as bank details for payment can be added direct inside the https://escrow.payoneer.com/ account.
I think that 3% CC fee should be paid by the Buyer, such policy is more correct/fair.As a seller you have the option of whether of not to accept credit cards for your sales. CC fees are paid by the seller.
Hi Jurgen,I think that 3% CC fee should be paid by the Buyer, such policy is more correct/fair.