Does Payoneer hold money?

Yes, Payoneer does hold money. When you receive payments through Payoneer, the funds are held in your Payoneer account. You can then choose to withdraw the funds to your local bank account, use them to make payments, or withdraw them at an ATM with the Payoneer MasterCard. It’s important to note that Payoneer may hold funds for a period of time for security checks or if there are issues with your account. This is a standard practice in the financial industry to ensure the safety and security of transactions.