Top Reasons to Avoid Payoneer Mastercard!

Payoneer used to be a good company but now they have changed for the worse.

Here are my reasons to avoid the Payoneer Mastercard service and Payoneer in general.

1) Fees are high. Last year the fees were much lower but now they have increased the currency conversion fees and reduced the the exchange rate for their benefit.

2) EUR balance cannot be withdrawn before reaching 200 Euros! And they don't have any method of transferring EUR balance to US balance! What a fuck-up.

3) Customer service is rude and dismissive and takes forever to get back to you unless on Live Chat.

4) Most of the time their card are not supported at local ATM machines. And when they do the ATM fees are very high.

Tourists/ Travellers to Sri Lanka Beware! Foreign cards not accepted in most Sri Lankan banks' ATM machines!

A recent development in the Sri Lankan banking sector is the trend towards rejection of Foreign credit and debit cards for use in local banks' ATM cash dispensers!

So anyone planning to travel to Sri Lanka are advised to bring lots of cash in hand or traveller's checks! Or better yet just go somewhere else! Sri Lanka is wasteland of muck, crap and rabid animals and the ugliest people on the planet!

Sri Lankan politicians in the Ministry of Finance don't much care for the ease of use afforded by giving foreigners access to the local ATM machines otherwise they would not have implemented this radical restriction. All they care about is stuffing their fat guts from the coffers of bribes they receive for favors.

Local freelancers who receive payments in US Dollars via the Payoneer card system are also in the same boat as these poor foreigners! This I believe is a Government ploy to make freelancers find local jobs! Make them slave away for a few Rupees instead of the US$ they would otherwise receive!

So avoid Sri Lanka and save yourselves a boatload of trouble!