How effective is Payoneer for money transfers?
Payoneer is an effective platform for money transfers, especially for freelancers and businesses. It allows users to receive payments from foreign clients and transfer them to their local bank accounts. Payoneer supports over 150 currencies and operates in more than 200 countries. It’s a reliable and secure platform that uses advanced encryption technology to protect users’ financial information. The fees are competitive, and the transfer speed is relatively fast. However, it’s important to note that the cost and speed of transfers can vary depending on the country and currency involved.