How safe is Payoneer for money transfers and payments?
Payoneer is generally considered to be a safe and reliable platform for money transfers and payments. It is a regulated entity in the United States and is licensed to operate in all 50 states. Payoneer is also registered with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, and is required to comply with all the regulations that apply to money service businesses. This includes implementing robust measures to prevent money laundering and fraud. Additionally, Payoneer uses secure technology, including encryption, to protect your personal and financial information. However, as with any online service, it’s important to use strong, unique passwords and to be cautious of phishing scams.