| Website | payoneer.com |
| Category | Web |
| Phone | 1-800-251-2521 |
| support@payoneer.com | |
| Employees |
| Total | $6M |
| Seed Yuval Tal Zohar Gilon Charlie Federman Michael Loeb Ilan Kaufthal | $2M |
| Series A Greylock | $4M |
Payoneer “markets, manages and services prepaid MasterCard cards.” Anyone 13 years or older can get a card, by filling out a form online.
When a card is first received (through the mail), it needs to be activated for security reasons. From this point on it can be used just like any other MasterCard card and can be used anywhere MasterCard is accepted. Cardholders and others who have the cardholder’s email address or the card number can load anywhere from $20 to $1000 per day onto the Payoneer card.
There are several fees associated with owning a card. Activation requires a one time fee of $9.95, “monthly maintenance” will cost you $3/month and loading money onto the card will usually set you back 3.5% of the loaded amount. Once a card has a zero balance for 60 days it’s automatically deactivated.
Payoneer offers their business customers a co-branded MasterCard. Among their 70 clients are oDesk, MetaCafe, Amie Street and iStockphoto.
The company is headquartered in New York with R&D offices in Tel-Aviv, Israel. They work with the Royal Bank of Scotland and the First Bank of Delaware to issue and process cards. Their competitors include WebCertificate, NetSpend and BuyRight.
| Website | payoneer.com |
| Stage | Live |
| Tags | money, transfer, creditcard, pay, money-transfer |
