Thanks for this detailed post.
I opened my Payoneer account. It got approved in 15 minutes also.
Have some doubts, hope someone here would help clear them:
1) There is no "Withdraw" tab (button) at the top as suggested in their video explanation. Does this "Withdraw" tab appear only after there is some money transferred to the Payoneer account. Right now my Payoneer account has zero balance.
2)Do I need to again "Add a bank account". I added my bank account when I opened my Payoneer account itself. Do i need to add the bank account details again?
3) In Paypal , an small amount was sent by Paypal to your bank account verify that the transaction is in order and your bank details are proper and that your payment will be successfully processed. How do we confirm the same way in Payoneer? Does Payoneer check your bank details and send us any email saying that the bank details are in order?
4)If I keep cashing out say $15 and after a week another $10 , does the total $25 get accumulated (collected) in Payoneer account, or like paypal the moment I cashout the first $15 it will get automatically processed and sent to my bank account.?
5) Does Payoneer initiate the bank verification details procedure only after we withdraw the funds the first time or is it possible to get them to verify your bank details before hand so that when we initiate a withdrawal Payoneer will not waste time verifying our bank details as they have already done that before (similar to what paypal used to do, they would verify your details before hand).
Thanks