Payoneer is a widely-used digital payment platform. But if you’re looking to delete payoneer account, here’s what you need to do.
Payoneer offers many services, such as sending and receiving payments, managing balances, and more. However, like all services, it may come a time when you want to delete your Payoneer account. Whether it’s due to fees, customer service, or simply no longer need the account, Yes there are many reasons to consider closing your Payoneer account. Can we delete payoneer account? Yes, we can below is the guide you have to follow.
In this article, we’ll walk you through the process of deleting your Payoneer account, so that you can be sure to do it safely and securely.
Reasons to Delete Your Payoneer Account
There are several reasons why you may want to delete your Payoneer account. Some of the most common reasons include:
- Transaction and exchange fees can add up over time.
- Poor customer service.
- No longer needing the account.
Regardless of your reason, it’s important to understand what happens when you close your Payoneer account and what steps you need to take to do it safely and securely.
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Before You Delete Your Account
Before you delete your Payoneer account, it’s important to be aware of a few key points:
- Your account may take a few days to be closed.
- Once closed, you will no longer be able to use your account.
- Any unused balance in your account will be lost, so be sure to use or remove all funds.
- Screenshot your transaction history and save it, as you may need it in the future.
- After closing, you cannot reuse the same email address to create a new account.
- You cannot access funds in a closed account through any other account.
How to Delete Your Payoneer Account
If you’re ready to delete Payoneer account, here’s what you need to do:
- Head to Payoneer and sign in to your account.
- Enter your two-step verification code if you have one set up.
- Click the Help tab to the right.
- Scroll down and click on “Support Center – Home”.
- Click on “My Payoneer Account”.
- In the left panel, click “Close/Reopen Account”.
- Click “I wish to close my account“.
- Review the warnings on the account closure page.
- If you still want to close your account, click the orange “Contact Us” button to complete the process.
- Fill out the feedback form, including your reason for closing your account.
- Submit your request and you’re done.
Your request will be reviewed and your account closed accordingly. Most of the time, your account can be closed without further interaction with Payoneer. However, in some cases, the customer service team may reach out to you for further information.
What Happens After You Delete Your Payoneer Account?
Payoneer is required to maintain part of your data as a regulated licenced entity for factors like security, fraud prevention, risk management, anti-money laundering, and defence against legal claims.
At some point, after the retention period expires, all of your data will be removed. You have the option to later create a new Payoneer account if situations dictate. However, there are many alternative payment options available. Deleting a Payoneer account is very easy but creation is a bit harder as verification documents will be required.
Closing your Payoneer account can be a straightforward process, but it’s important to be aware of the key points before you do it. By following the steps outlined in this article, you can be sure to delete your account safely and securely.