Payoneer Prepaid MasterCard — is a convenient payment card, based on the MasterCard system, which means that the card can be used to pay for good/services in supermarkets/organizations and to withdraw cash from ATMs all over the world. However, the main advantage is that the card is an easy and convenient “key” to your trading account: you can deposit your trading account or withdraw funds from it, keep or spend the money you made.
Payoneer is the company, which issues and distributes Payoneer Prepaid MasterCard. The Company’s business and financial partner is the American Account Choice Bank Limited. The Payoneer Company has been in the market since 2005 and today it is one of the leaders in the field of prepaid financial solutions. The Company’s headquarters is in New York, the USA.
RoboForex, being one of the partners of the Payoneer Company, is offering its clients favorable conditions how to issue and use the card, as well as how to attach it to your trading account.
How to order and activate the card
Order and activation of Payoneer Prepaid MasterCard
To order RoboForex Payoneer Prepaid MasterCard, you need to fill in the application form. Your application will be processed within 12 – 35 business days and then you will receive the card by post. Upon the receipt of the card, you activate it online.
Two standard programs with special conditions have been developed for the clients of RoboForex financial group:
|Level||Total deposit||Card issue||Commission|
|Standard||< 500 USD||15.95 USD||2-5 USD|
|Silver||> 500 USD||free||2-5 USD|
Fees for servicing of RoboForex Payoneer Prepaid MasterCard
The commission for servicing of RoboForex Payoneer Prepaid MasterCard is charged monthly and depends on how often the card is used. If you make less than 4 transactions a month, the commission is $3, if 4 transactions or more - $1. Any account activity, such as depositing/withdrawal, payment for goods and services, money transfer from one card to another, is considered to be a transaction.
Additional commission is charged for depositing funds to the card. The size of the commission depends on the urgency of your transaction. If you want your transaction to be made within 2 hours, the commission will be $5. If the transaction is made within two business days, the commission will be $2.
When you withdraw funds from your card using ATM, the commission is $3.15. When you use your card to pay for goods and services, no commission is charged.
According to service conditions, when your card balance hits zero, no commission will be charged and the balance will not go below zero.
Limitations and restrictions
The total amount of funds on the card can’t exceed $10,000. Intraday limit for withdrawals and payments is $5,000. The limit is divided into two equal parts, which means that you can withdraw no more than $2,500 a day using ATM or bank’s cash department, and you can spend no more than $2,500 a day paying for goods and services.
|Order Payoneer Prepaid MasterCard|