Payoneer jumps into domain name escrow business

[SpareDomains]

Global payments company begins catering to the domain name industry.

Global payments company Payoneer is getting into the domain name escrow business with the help of former Escrow.com president Brandon Abbey.

Read more...

http://www.payoneerescrow.com/

http://domainnamewire.com/2016/09/12/payoneer-jumps-domain-name-escrow-business/

 

[Abdillahi Abdillahi]

Any chance you could look in to getting India added for local account withdrawals?

I think this has to do with the agreements they have with banks. Paypal for examole clearly told me the countries they give send only are the countries with not so clear banking and financial management and protocols and controls in place.

 

[jideofor]

The question was for someone else but it is a question I raised before too. It is not possible to link Payoneer.bank.accounts to Paypal at all. They confirmed.to me many times and I even read on Nairaland that this cannot be done.

Are you a Nigerian?

 

[anantj]

I think this has to do with the agreements they have with banks. Paypal for examole clearly told me the countries they give send only are the countries with not so clear banking and financial management and protocols and controls in place.

But they provide transfer to banks from where we can INR in the payoneer account. So I can use a "Use bank account" to receive Wire/ACH payments and then transfer it to my Indian Bank account.

 

[Abdillahi Abdillahi]

Are you a Nigerian?

No I am not but I am African and I have many Nigerian friends, and yes, I like Nairaland

 

[Abdillahi Abdillahi]

But they provide transfer to banks from where we can INR in the payoneer account. So I can use a "Use bank account" to receive Wire/ACH payments and then transfer it to my Indian Bank account.

I dont know really but if your country is noy lister then no local bank transfer . In this regard, I saw Skrill is ahead

 

[anantj]

I dont know really but if your country is noy lister then no local bank transfer . In this regard, I saw Skrill is ahead

I'd have liked to use Skrill but their fees are exceptionally high for India. Even to load money, it's almost 4% or so. Then send has additional fees (I believe receive has as well)

 

[jideofor]

No I am not but I am African and I have many Nigerian friends, and yes, I like Nairaland

oh wow... nice to know. Yeah, Nairaland has become an African pride. Thanks to Seun Osewa. It is a crazy place though. If you do not have thick skin, you can't stand being a Nairlander.

 

[SpareDomains]

little more info...

http://www.domaininvesting.com/5-with-scott-reynolds-payoneer-escrow/

 

[Hani A.]

How many companies work in domain escrow market now ?

 

[golan]

That's a great news! Payoneer is a company with highest reputation (so far), the escrow prices are tempting, can't wait to start working with them!

 

[Name Trader]

Thanks for all the positive posts. I have followed the development of the company (formerly Armor Payments) and am very pleased to be associated with them. Solid product and good people. You can find me at [email protected]. All the best,
Brandon

It's great to see you back here again on NamePros, Brandon. I wish you all the success you deserve with this new venture. Also sent you a PM.

 

[MarkMetric]

This is great news from Payoneer, super smooth payment gateway.

 

[voiceofreason]

Global payments company begins catering to the domain name industry.

Global payments company Payoneer is getting into the domain name escrow business with the help of former Escrow.com president Brandon Abbey.

Read more...

Hahaha game on.
Well, that solves my Escr0vvc0m problem. Brandon Abbey is good people. This is FANTASTIC news ! I am so happy.

 

[DomainiaXYZ]

Great move by Payoneer. Hope ! They will perform well in the Domaining biz. One of my favorite payment company.

 

[AndrewMayers]

Bad experience with Payoneer, they wrong debit card credential "Surname + Surname" LOL, support never response..

 

[jideofor]

Why does Payoneer restrict receiving payment from US only and from company's bank account not individuals?

 

[domainwest]

Why does Payoneer restrict receiving payment from US only and from company's bank account not individuals?

Are you talking about their escrow or the normal payoneer?

 

[jideofor]

Are you talking about their escrow or the normal payoneer?

not escrow but payoneer. For instance, if you are in Germany and I am in Ukraine, I can't receive money from you like they claim.

 

[domainwest]

not escrow but payoneer. For instance, if you are in Germany and I am in Ukraine, I can't receive money from you like they claim.

so your domain buyer has to be from US and he has to pay via his companys account and not his personal account right?

 

[Brandon Abbey]

Today Payoneer Escrow only works with payments in US dollars but that limitation will go away in 2017. As far as individuals are concerned, they can use Payoneer Escrow but the payment method options and the payment amounts are more limited than if they use a business account. Please note that we are about to release our credit card payment method, so that should make things easier for many of you.