Reddit Comments Summary for "Payoneer":

• Payoneer is advised against due to safety concerns like blocking accounts without reason and lack of customer support:
  • "For me, using Payoneer's receiving accounts worked. Withdrawing to a local bank account works as well. However, at least in my country, that started to become a trouble, because the money laundering regulations require you to prove the source of your income."
  • "Funds can be blocked for no apparent reason; numerous users expressed frustration with the poor support experience; issues with locking accounts and accessing funds were common."
  • "Payoneer is a NIGHTMARE! 100% Horrible. They don't care about their customers. ITS NOT WORTH THE EXTRA TIME YOU WILL SPEND AND FRUSTRATION TRYING TO FIX SIMPLE ISSUES."
• Wise is recommended as a better alternative and users expressed satisfaction with it:
  • "...I actually had bad experiences with Wise, they froze my account and just stopped service with me from one day to another."
  • "...use contraseñas dificiles de descifrar (20 caracteres o mas) para Mail y Payo..."
• Using multiple payment platforms for diversification and security:
  • "I would invest in splitting that money among many places. Dont put all the eggs in the same basket or something like that..."
  • "Splitting funds among different platforms was recommended to minimize risks associated with using Payoneer as a sole option."

Additional Advice:

• Password Security:
  • Use strong, unique passwords and consider a password manager.
  • Disable 2FA via SMS and switch to more secure options like authenticator apps.

General Recommendations:

• Stay cautious with online banking platforms and consider alternatives like Wise.
• Monitor account activity closely and act promptly in case of any suspicious transactions.
• Prioritize safety and security when managing online accounts and finances.