Who is Payoneer
Payoneer markets, manages and services prepaid MasterCard® cards. Payoneer
works
together with MetaBank™ or Choice Bank Limited to issue and process our
cards. A
leader in offering prepaid solutions for online applications,
Payoneer’s headquarters
.are located in New York
How does the Payoneer Prepaid MasterCard card work
The Payoneer Prepaid MasterCard works just like any other Prepaid
MasterCard card.
The card is accepted at all locations worldwide, where Debit
MasterCard is
accepted. You can use it at a point of sale location to make
purchases and at an ATM
* to withdraw cash. With the added security of choosing
your own PIN, you can be
assured of no unauthorized use of your card.
Who can get a prepaid MasterCard card
Payroll card: Anyone worldwide over the age of 18 can order the Payoneer
Prepaid
MasterCard through our partners to receive earnings. You don’t need a
bank account
to apply.
If I receive a prepaid MasterCard card, what am I
committed to
committed to
Nothing. You can use the card to obtain cash for your funds, use it in
stores or
online. If you decide to use the card, it can be loaded and used
multiple times. Once
the money on the card is depleted, and your card has a
zero balance for 60 days, the
card will automatically be deactivated and you
have no further obligations with
respect to the card.
What happens to my card if I don’t use it
If the card value is depleted and remains at a zero balance, no monthly
maintenance
fees are charged until funds are loaded onto the card again.
What are the costs associated with the card
Costs are listed and explained when you sign into “ My Account ”
How do I get the most value from my money
Buy with your card instead of with cash. When you withdraw cash from an
ATM*, you
may be subject to additional fees set by the ATM* and corresponding
bank.
How can I minimize ATM*- related fees
Select your ATM* carefully. ATM* and their cooperative banks’ fees and
maximum
withdrawal policies vary greatly.
Consolidate your ATM* usage by withdrawing the maximum allowed by your card
account and the ATM*.
Do not try to withdraw more than your card account balance from an ATM*.
You will
be charged a fee for the failed ATM* usage.
What foreign exchange (FX) rate is used
Foreign Exchange Conversion rate is computed at the time of the
transaction,
whether at a retail venue or at an ATM*. Conversion rates are
calculated based on
daily rates adopted by MasterCard, any fees applicable by
the retail or ATM* location
and other processing entities.
