Payoneer Global Inc. - Common Stock (PAYO)

Frequently Asked Questions About Payoneer Global Inc. - Common Stock (PAYO)

Can Payoneer be used for personal payments?

Payoneer is primarily designed for business-to-business transactions and professional services rather than personal payments. While individual freelancers and entrepreneurs can use Payoneer to receive payments for their work, it is not a typical consumer payment platform like PayPal or Venmo. Users must create a business profile to access the services fully.

How can I create a Payoneer account?

To create a Payoneer account, users need to visit the Payoneer website and complete the online registration form. This process involves providing personal information, business details, and verification documents. Once the application is submitted, it will be reviewed by Payoneer's compliance team, and users may receive an email confirmation once their account is approved.

How can I withdraw funds from my Payoneer account?

Funds can be withdrawn from a Payoneer account by transferring them to a local bank account or withdrawing cash using a Payoneer prepaid Mastercard at ATMs. To initiate a bank withdrawal, users can select the 'Withdraw to Bank' option in their Payoneer account and follow the prompts to transfer funds with the applicable fees and processing times.

How can Payoneer benefit freelancers and remote workers?

Payoneer provides freelancers and remote workers with a reliable and efficient way to receive payments from clients around the world. With services like multi-currency accounts, competitive exchange rates, and instant access to funds, users can enjoy lower fees and more flexible payment options. By streamlining the payment process, Payoneer allows freelancers to focus more on their work and less on financial logistics.

How does Payoneer ensure transaction security?

Payoneer employs a range of security measures to ensure transaction safety, including encryption technology, secure socket layer (SSL) protocols, and regular security audits. The company complies with industry standards and regulations to safeguard user data and prevent fraud. Additionally, Payoneer provides multi-factor authentication to enhance account security for its users.

How does Payoneer handle currency conversions?

Payoneer handles currency conversions by applying a competitive exchange rate at the time of the transaction. When a user receives or withdraws funds in a different currency than their account's base currency, Payoneer automatically converts the funds at the prevailing exchange rate. Users should be aware that conversion fees may apply depending on the specific transaction.

How does Payoneer's payment transfer system work?

Payoneer's payment transfer system works by allowing users to request and receive payments from clients or marketplaces via its secure platform. Users can add funds to their Payoneer accounts through transfers, receiving payments in multiple currencies, and then withdrawing these funds to their local bank accounts or using a prepaid Payoneer Mastercard for purchases. This system eliminates many complexities associated with traditional banking and currency conversion.

Is Payoneer available in all countries?

While Payoneer is available in over 200 countries and territories, some services may be restricted or unavailable in certain regions due to regulatory requirements or local laws. Users are encouraged to check Payoneer's website for the latest information on service availability in their specific country.

Is Payoneer regulated?

Yes, Payoneer is a regulated financial institution, and it complies with various jurisdictions' laws and regulations, including anti-money laundering (AML) and know your customer (KYC) requirements. The company takes compliance seriously to build trust among users and to ensure that its services are safe and secure.

What are Payoneer’s plans for future growth?

Payoneer plans for future growth include expanding its service offerings, enhancing its technology platform, and increasing its presence in existing and new markets. The company aims to continue innovating its payment solutions to meet the evolving needs of businesses and professionals in a rapidly changing global economy, with a focus on improving user experience and supporting international trade.

What are the fees associated with using Payoneer?

Payoneer charges various fees depending on the services used, such as transaction fees, withdrawal fees, and currency conversion fees. The fee structure may differ based on the payment method and the currencies involved in the transaction. Payoneer provides detailed information on its website, allowing users to understand the costs associated with each service.

What are the main services offered by Payoneer?

Payoneer offers a variety of services, including cross-border payment solutions, international fund transfers, virtual bank accounts in multiple currencies, and e-commerce payment processing. Additionally, Payoneer provides services for receiving payments from marketplaces like Amazon and Upwork, and offers a prepaid Mastercard for easy access to funds.

What customer support options does Payoneer offer?

Payoneer provides customer support through multiple channels, including a help center with articles and FAQs, email support, and a dedicated support team that can be contacted via their website. Users can also access their account for live chat support. Payoneer aims to assist users with inquiries and resolve any issues they may encounter while using the platform.

What does Payoneer Global Inc. do?

Payoneer Global Inc. is a financial technology company that provides online money transfer and digital payment services. It enables businesses and professionals to send and receive funds globally, facilitating e-commerce, cross-border transactions, and the management of international payments. The platform is especially popular among freelancers, marketplace sellers, and businesses that require efficient and cost-effective payment solutions.

What investor information is available for Payoneer?

As a publicly traded company listed on Nasdaq under the ticker symbol PAYO, Payoneer provides regular updates to investors through annual reports, quarterly earnings releases, investor presentations, and regulatory filings. Interested investors can access this information on Payoneer’s investor relations page, including insights into the company's financial performance, growth strategies, and industry outlook.

What is the Payoneer Partner Program?

The Payoneer Partner Program is designed to collaborate with businesses, platforms, and agencies that can benefit from offering Payoneer's payment solutions to their customers. Participants in this program can earn commissions for referring new users to Payoneer, providing a mutually beneficial relationship that enhances service offerings and expands Payoneer's user base.

What is the Payoneer prepaid Mastercard?

The Payoneer prepaid Mastercard is a payment card linked to the user's Payoneer account, allowing them to withdraw cash from ATMs, make purchases online, or use it for transactions at physical retail locations. This card provides a convenient way for users to access their funds on-the-go and eliminates the need for additional currency conversion when making international purchases.

What markets does Payoneer serve?

Payoneer serves a diverse range of markets, including freelancers, small and medium-sized enterprises (SMEs), e-commerce platforms, and large enterprises across various industries. Its services are used by individuals and businesses in over 200 countries and territories, providing solutions tailored to the unique needs of each market.

When was Payoneer founded?

Payoneer was founded in 2005 by Yuval Tal and a group of co-founders. The company's initial goal was to create a solution to facilitate cross-border payments and help businesses around the world navigate the complexities of international transactions. Over the years, Payoneer has expanded its services and grown significantly, becoming a key player in the fintech industry.

Where is Payoneer headquartered?

Payoneer is headquartered in New York City, USA. The strategic location in one of the world's major financial hubs allows the company to have access to a large number of businesses and financial partners, enhancing its ability to facilitate international payments and expand its global reach.

What is the current price of Payoneer Global Inc. - Common Stock?

The current price of Payoneer Global Inc. - Common Stock is 7.550

When was Payoneer Global Inc. - Common Stock last traded?

The last trade of Payoneer Global Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025