What is entropay at amazon good for?

[granite]

I'm looking to a way to withdraw euro balance and heard a lot about entropay but you need to pay them before the money reaches your bank account so what is its purpose?

Or payoneer for that matter?

[sax4]

You've got a lot of reading up to do! Entropay is no use whatsoever when it comes to Amazon selling, even with buyer accounts it's problematic.

Payoneer bank account can be used to withdraw your Amazon funds.

You will also need a card that Amazon accepts in order for Amazon to disburse funds to your bank

[elmo]

Adding a proper bank account is the only way to withdraw Amazon balance

VCC will not work

[granite]

So entropay is useless and payoneer is good for people who can't get a real bank account anywhere? Is that it?

[elmo]

Originally Posted by granite

So entropay is useless and payoneer is good for people who can't get a real bank account anywhere? Is that it?

Both your statements are pretty accurate.

[Play]

Amazon doesn't offer the same "withdraw to VCC" service PayPal offers in some EU countries. The only way to withdraw is by adding a bank account.

[granite]

Yes, I know that, I just wonder why get a payoneer bank account and not just use your own proper bank account.

[JamesNorth101]

Some people just prefer to do it that way.

Sometimes its their only option

[elmo]

Originally Posted by granite

Yes, I know that, I just wonder why get a payoneer bank account and not just use your own proper bank account.

People that do not live in the UK have a hard time getting UK bank accounts to use on Amazon. Payoneer is a good solution for these international people as it gives them not only a UK bank account, but a US / EU / JP / CH bank account as well within the same account

[granite]

Originally Posted by elmo

People that do not live in the UK have a hard time getting UK bank accounts to use on Amazon. Payoneer is a good solution for these international people as it gives them not only a UK bank account, but a US / EU / JP / CH bank account as well within the same account

Yes, that's what I thought but why don't they just withdraw to their home country bank account with amz currency conversion? Is it any cheaper going amz>payoneer>home bank account?

[rsot]

Originally Posted by granite

Yes, that's what I thought but why don't they just withdraw to their home country bank account with amz currency conversion? Is it any cheaper going amz>payoneer>home bank account?

Just a preference thing as well less registration steps in some ways

[elmo]

Originally Posted by granite

Yes, that's what I thought but why don't they just withdraw to their home country bank account with amz currency conversion? Is it any cheaper going amz>payoneer>home bank account?

Amazon does not support all countries -- and their conversion rates aren't as good as other third party business that offers exchange.

But for the most part, its much more convenient to just add the bank account of your home country and allow the Amazon conversion to pay