Comment by Marsymars
14 hours ago
It’s okay, but the cash is pretty tricky to get full value from if you’re not on your toes. It goes through the “Payoneer” service. The Payoneer terms aren’t entirely clear, but seem to imply that you’ll get charged an annual fee after a year if you keep the account open but inactive.
If you want the payment in non-USD, Payoneer takes a 2% cut on conversion fees - I figured I’d take the payment in USD, but neglected to do a full read-through of how the payment would happen - it comes as a wire transfer, and the bank I used has a 15 USD incoming wire transfer, so I got hit with that instead of the 2% conversion fee. (And the payment got blocked until the bank called me to inquire about whether I was expecting a wire transfer.)
I really would have just preferred a physical cheque in USD. (The mechanism with which I’ve received refunds for recalls from other companies that didn’t want to do internationalized payments.)
No comments yet
Contribute on Hacker News ↗