Payoneer Processing $500 Million A Year
 

Nice numbers:thumbsup

Whoooa, thats a lot of money, I hope they are playing safe ;)

nice numbers...

wowowoowowoowo

that's huge, I wonder what level epass was when it collapsed?

what!! hahahaha... fucking fools !! who buys this bullshit! if you would actually read that article it would / should become clear it is WRITTEN AS AN ADVERTISEMENT ,... and that is probably what it is .. no objective reporting .. only bullcrap about how good they are ... it is a paid ad .. nothing more ... idiots up here in gfy .. I tell ya!

What is their cut? Great money if truth

even if its a few % thats a pretty nice paycheck

Yet they still cant afford normal support nor normal service ....

I'd say that is a very small piece of a pie... It'd be like congratulating FTV Girls for being Vivid Entertainment.

Is the site even working?

I cant login.

Thanks for posting this article and for the compliments, everyone.

As for the questions posed, it's not a paid article - if nothing else, it would compromise the integrity of any blog, especially one as large as TechCrunch (not to mention ourselves).

Payoneer has a long history behind it and we also have very large venture capitals backing us up. We have very strict guidelines, which sometimes annoy our users, but they are there to protect our users and to make sure our services meet the highest integrity and security standards possible. We very strictly comply with the highest level online payment regulations. I can let you know what some of them are, if you're interested.

Over the last few months, business at Payoneer grew faster than we were able to hire support personnel, however we are now partially caught up and often answer an email within 24 hours (and aspire for it to be faster). As you know, I am present on the forums here, and we also have our own forums and multiple ways of contacting us, including live chat and direct phone numbers as well (during US business hours, that is). You all have my personal email address, too, and there are a few users here on the forums who can attest to the fact that I make sure problems get solved quickly (as long as they are solvable, that is).

Well, yes, tell us about those regulations.

And what do your investors think about you being open to adult business?
Have you always been processing adult? I've only noticed you when epassporte crashed (or let's say liquidated).

Davy - some of the regulations we comply with are KYC (Know Your Customer), BSA (Bank Secrecy Act), AML (Anti-Money Laundering) and OFAC (Office of Foreign Assets Control). Every person who works at the company goes through training sessions and we have very strict internal guidelines, too (for example, most of us, myself included, have absolutely no access to any of your information beyond contact information).

Our investors know everything about what we do. They way venture capital investments generally work is that they have a member sitting on our board of directors. As for how long we've been in the sector, I am not 100% sure, and I don't really think it's relevant, to tell you the truth: We work across many different types of program - affiliates and freelancers being 2 of the large ones - and this is just another one.

For what it's worth, the focus of the article that was published about us was about the new service that we're offering, local bank transfers, and not the amount of money that's being transferred. Read it and you'll see that the point was to let people know about a new service that we're offering, which a lot of you should be happy about (and there are a few cool other ones coming up, too, which you will eventually hear about).

Saw that on Tech Crunch as well. Kudos!

Congrats to Payoneer on this milestone

By way of deception thou shalt do war.

congrats, that is a lot

http://static1.businessinsider.com/i...on-panetta.png
http://1.bp.blogspot.com/-B-Y7nfcM82...amir-Pardo.jpg

yeah, their owners seems ecstatic about this :thumbsup