What does Payoneer termination and suspension entail?

Payoneer, a financial services company that provides online money transfer and digital payment services, may suspend or terminate a user’s account due to various reasons. These could include violation of their terms of service, suspicious activity, or regulatory requirements. Suspension usually means that the account is temporarily disabled, and the user cannot perform any transactions. Termination, on the other hand, is a permanent closure of the account. In both cases, Payoneer usually notifies the user via email, explaining the reason for the action. It’s crucial to contact Payoneer’s customer service for further clarification or to resolve any issues leading to the suspension or termination.