oDesk released Local Wire Transfer recently, a payment method that allow you to receive money directly into your bank account, in your local currency. In this post I’ll attempt to make a comparison between Local Wire Transfer and Payoneer’s Prepaid Master Card, another payment method.
First, some numbers about the two methods: The minimum amount of money you can withdraw using Local Currency Wire Transfer (COP) is $51 (plus a $3.99 fee). With Payoneer the minimum amount is $20 (plus a $2 fee). You can check Payoneer fees here.
Now, let me tell you a story… or something like that: