When shopping for an online payment service, a natural question to ask is, “Is Payoneer safe for my business?”
For the last several months, our review team here at Trickut has been examining Payoneer to provide honest, helpful feedback for our readers. As such, we can assure you that Payoneer is entirely safe.
We know this for the following reasons.
1. Payoneer is the trusted payment service for leading freelance sites like Upwork and Fiverr.
It’s not just Upwork and Fiverr using Payoneer. Payoneer is probably the most popular payment service for freelance websites, including Expert360, Freelancer.com, and the Amazon Affiliate Program.
If you’re still curious about Payoneer’s client list, its blog features a few of their client sites here.
The fact is that Payoneer does excellent work. That’s why the leading brands in freelancing trust Payoneer when doing business with contractors around the world.
2. Payoneer provides payment services to leading e-commerce sites like Amazon and Airbnb.
When it comes to e-commerce, choosing a “safe” payment service means more than knowing that private information will remain private. E-commerce is all about scale, speed, and integration.
A slow or sloppy payment service (that is perfectly safe from a cybersecurity standpoint) can force an e-commerce site to close down. Where payment services are concerned, this danger is unlikely for Payoneer e-commerce clients.
Not only does Payoneer streamline international and recurring transactions, but it also integrates with leading e-commerce software. Payoneer is a payment service for e-commerce businesses of all shapes and sizes.
3. Payoneer meets PCI DSS standards.
The PCI Security Standards Council is an accountability organization responsible for maintaining safety standards for credit card transaction security.
Led by the leading credit card providers – Visa, American Express, Discover, Mastercard, JCB International – PCI sets Data Security Standards (DSS) to assure consumers that personally identifiable information is appropriately encrypted and secure.
While being PCI DSS compliant is not necessarily an international mandate, all legitimate payment services and fintech merchants maintain compliance. Payoneer is no different.
4. Payoneer is an award-winning payment service business.
In both 2017 and 2018, Payoneer earned a place on CNBC’s Disruptor 50 List. Payoneer holds multiple awards from Paybefore, and Deloitte named Payoneer the 34th fastest growing company in North America.
But the awards described above are just a few of the many awards that Payoneer has won. And there will probably be more.
5. Payoneer has been around for 15 years and is backed by legitimate fintech investors.
Before Payoneer became a worldwide employer, it was a simple startup backed by the same investors that funded Dropbox and Facebook.
Payoneer did not grow their business through sketchy means. Its startup team produced a reliable software platform from its earliest days. As a result, it turned the heads of the world’s leading investors.
Payoneer is safe because it is a revolutionary payment service in the fintech industry. It is still a private company, but there are rumors that Payoneer may go public.
Recap: How we know Payoneer is safe
If you are concerned that a switch to Payoneer for your business might end up in a cybersecurity nightmare, you should ease your mind.
Not only is Payoneer safe, but it is also a top choice for businesses around the world. Its payment system features include exchange services for over 200 different currencies. Payoneer’s platform is robust and intuitive.
If your business is looking for a trustworthy payment service, we can confidently recommend Payoneer as one of your top choices.