Payoneer.com – New option on DAN
Domain marketplace platform, DAN.com, announced the introduction of a new partnership with Payoneer.
The popular payout service will be available as an optional bank payout handler; it’s been used by millions of marketplace users on global platforms such as Airnbnb and Amazon.
Note: DAN.com is a premium sponsor of DomainGang.
An early email by DAN indicated that Payoneer would be the only banking option. However, that’s not the case as you can see below:
Some domain investors reacted negatively to what was perceived to be a forced adoption of a specific payout system.
In a follow-up message from DAN.com, the fact that Payoneer is optional, not compulsory, was clarified:
It’s not mandatory to use payoneer. We understand the email communicated that too rigidly.
We implemented Payoneer to:
1: Lower the cost for sellers by zoning out intermediary bank fees
2: Make sure payouts land in your bank account faster
In our honest opinion, DAN, a kind sponsor of DomainGang, continues to enhance its platform with innovative solutions and features; adding Payoneer as a payment processor definitely provides more choices to domain investors using DAN.com.
There was more than a little backlash, the addition of Payoneer was calculated and the back pedalling was extreme when the shit hit the fan.
More here:
https://namepost.com/threads/dan-com-switches-payments-to-payoneer.286/