ACWM adds the Payoneer payment method

Updates and announcements about Acwm affiliate program and sites

ACWM adds the Payoneer payment method

Postby Barry-XloveCam on Fri Nov 19, 2010 4:04 pm

ACWM is happy to announce that we have added Payoneer as a payment method. After the recent debacle of ePassporte, we realized that we needed to find a way for our Affiliate to receive payments by method other that a bank wire from us.

(We are currently making some changes and modifications — this is temporary — if you have an existing Payoneer Card, please for now, inform us with the contact form of this and we will manually make your payment by Payoneer.)

What is Payoneer?
The Payoneer Prepaid MasterCard works just like any other Prepaid MasterCard card. The card is accepted at all locations worldwide, where Debit MasterCard is accepted. You can use it at a point of sale locations to make purchases and at an ATM* to withdraw cash. With the added security of choosing your own PIN, you can be assured of no unauthorized use of your card.
Read more about Payoneer!


If you already own a Payoneer card, and you want to link it with ACWM, go to your ACWM account >> Bank account >> Payoneer and click on "Click here to access or to create your Payoneer account"

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If you do not have a Payoneer card, ACWM can create one for you, free of charge, after your ACWM sales balance reach a minimum of 250€.

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We will make your payment to your linked Payoneer account under the following policies.

General Policies:
Your existing or new Payoneer account must be linked to ACWM as the sponsor (Payor.) You must render an invoice to us at or before Monday 10 AM CET (+2GMT) to receive payment that Monday from us. ACWM pays your Affiliate Rev-Share invoice (100€) every MONDAY.

Specific Policies for Payoneer Accounts.
All of your earnings are in € (Euros) so they must be converted to $USD. Payoneer also charges us certain fees and we pay some of your load fees also — all amounts paid out Payoneer will be subject to a 3% fee then converted to $USD at the prevailing rates. e.g., 1000€ -3% = 970€ , 970€*$1.36 = $1,319.20. (Exchange rates will vary — this is beyond our control.)

ACWM will pay the standard load fee on the Affiliate's behalf. From the Payoneer Fee Schedule: “[L]oading Payments - Standard (Within 2 days) $2.00 Per load Each time card is loaded ...” (You can expect your money by the Wednesday of that week.)

ACWM will pay for your new Payoneer card and its activation fee at the same time as your first payment of your Affiliate invoice of 250€ or more.

e.g.,
- Card activation $12.95 Per card One time - when card is first loaded
- Card activation – outside U.S. – Listed Countries $24.95 Per card One time – when card is first loaded

Albania, Angola, Belarus, Bosnia Herzegovina, CôteD’Ivoire, Congo, Ecuador, Ethiopia, Iraq, Kosovo, Lebanon, Liberia, Macedonia, Montenegro, Pakistan, São Tomé & Príncipe, Serbia, Somalia, Turkmenistan, Zimbabwe.

We encourage you to use your Payoneer funds as they come in with knowledge that this is not a government insured bank account.

Regards, Barry
ACWM.biz Team
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