Paymonade Reviews 242

TrustScore 2 out of 5

1.8

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Rated 1 out of 5 stars

This company is completely a mess, I’ve got a call from one of their agent and uses one of the bank credit transactions information very easy. I am currently asking a full demand to cancel the transac... See more

Company replied

Rated 1 out of 5 stars

I have a Animation project commissioned and the animator wanted me to pay for some of the project using USDT through Binance. I created an account and went throught all the ID checks which I don't lik... See more

Company replied

Rated 5 out of 5 stars

I saw a lot of negative comments at first, which made me hesitant to use this service. However, I decided to try depositing money on Binance through Paymonade and everything worked smoothly and... See more

Company replied

Rated 1 out of 5 stars

One star is still too good for Paymonade… I don’t understand why Binance works with such a miserable „partner“. They are ruining Binance‘s business. It is impossible to verify an account and buy crypt... See more

Company replied


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1.8

Poor

TrustScore 2 out of 5

242 reviews

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Rated 1 out of 5 stars

Untransparent communication

Edit: rewrote the review.

Bad design that turns down the clients. "Your KYC is declined, decision is final." Because there is no way to change the way of undergoing the procedure and no way of choose the type of document and issuing country. That leads to unacceptable combination. And instead of clarifying the situation the support stamped me with "final decision".

March 22, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Andrey,

We're sorry to hear about your experience with the KYC process and any inconvenience this may caused.

Ensuring a smooth and secure verification process is a top priority for us, and we deeply regret falling short of your experience.

Please reach out to us by emailing at support@paymonade.tech for further review. We are here to help.

Best regards.

Rated 1 out of 5 stars

AVOID PAYMONADE AT ALL COSTS!

AVOID PAYMONADE AT ALL COSTS!

I deposited €40,000 from my personal account on 27.02 to be credited in USDC on Binance.
They are deliberately delaying the review of my documents, keeping my money hostage without any valid reason. I submitted official notarized documents, provided a crystal-clear explanation regarding the source of my funds, yet they continue to stall with zero transparency and no clear resolution.

This is nothing short of fraudulent behavior. They are blocking my money, causing massive financial damage, and their so-called "support" is completely useless—offering nothing but vague responses and empty promises.

Paymonade is dangerous—they can freeze your money indefinitely, even when you comply with all their demands. If they do not resolve this immediately and release my funds, I will escalate this matter legally and expose their practices everywhere possible.

February 27, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

We understand that the verification process can feel extensive at times, but please know it is essential for complying with regulations and ensuring security.

Additionally, if a transaction exceeds 15,000 Euro (the limit for Basic users) without completing the additional verification process, we are required to verify the source of funds in accordance with regulatory requirements before proceeding.

The additional verification process is part of our commitment to global anti-money laundering (AML) and counter-terrorist financing (CTF) laws. These measures are mandated for all financial institutions and payment service providers to prevent fraud and illicit activities.

Rest assured, we are currently working closely with our team to resolve the issue as quickly as possible.

Feel free to reach out to us at support@paymonade.tech if you have any further questions—we're here to help.

Best regards.

Rated 1 out of 5 stars

Très intrusif..

Très intrusif..

March 2, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Hi Stephane,

We’re sorry if you found the process intrusive. Could you please share more details about your concern? We’d love to help resolve any issues you're facing. You can also reach out to our support team for further assistance—they’re ready to help.

All the best,

Rated 1 out of 5 stars

Paymonade is s scam

Paymonade is s scam. Don't use it. It is made with the idea to make it imposible to transfer money from binance, It is a big scam. They don't want to confirm my account, and at the end ther terminated my accoun, and they said that i need to wait 1 year to make a new account. :D

February 18, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

Thank you for your message. We understand your concerns and genuinely want to assist you in resolving this matter.

We understand that reviews take time and we assure you that we are looking into your concerns.

Please reach out to us by emailing support@paymonade.tech for your account status.

We regret that your experience did not meet expectations, and we appreciate your patience throughout the process.

Best regards.

Rated 1 out of 5 stars

10 days I am trying to make the…

10 days I am trying to make the verification and they did not reply. I make a withdrawal and the bank decline the order and paymonade did not refund me the money in Binance .i make the verification and I am waiting 4 days for replay

February 16, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

We are sincerely sorry for your unpleasant experience.

We understand that verification processes can sometimes feel extensive, but they are essential for complying with regulations. These measures are in place to ensure security.

Please reach out to us by emailing support@paymonade.tech for more details. We are here to help in locating your funds.

We regret that your experience did not meet expectations, and we appreciate your patience throughout the process.

Best regards.

Rated 1 out of 5 stars

Watch out!!!!!!

Watch out!!!!!!! I was nearly crying with joy then they finally refunded me the money. They are data collectors. Will keep your cash, requesting again and again documents they already received and should not ask for at the first place.

February 20, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Hi Marta,

We understand that the verification process can feel extensive at times, but please know it is essential for complying with regulations and ensuring security.

Additionally, if a transaction exceeds 15,000 Euro (the limit for Basic users) without completing the additional verification process, we are required to verify the source of funds in accordance with regulatory requirements before proceeding.

The additional verification process is part of our commitment to global anti-money laundering (AML) and counter-terrorist financing (CTF) laws. These measures are mandated for all financial institutions and payment service providers to prevent fraud and illicit activities.

We are glad to hear that you have received your funds, but if you wish to proceed with future transactions, completing this verification will be necessary.

Feel free to reach out to us at support@paymonade.tech if you have any further questions—we're here to help.

Best regards.

Rated 1 out of 5 stars

Do not use this company unless you are…

Do not use this company unless you are 100% sure the receiving bank will not cancel the transaction. Paymonade refuses to refund me the money, although I provided details of the transaction and cancellation. Absolute scam!

February 18, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Mitch,

Thank you for your message. We understand your concerns and genuinely want to assist you in resolving this matter. Based on our records, you have already contacted our support team, but we still require a bank statement or proof of order cancellation from Wise to verify the fund status and proceed with your refund.

We understand that this may be inconvenient, but this step is essential to ensure that your refund can be processed smoothly. As soon as we receive the necessary documents, we will immediately review your case and proceed accordingly.

If you have any questions or need further clarification, please feel free to reach out to us at support@paymonade.tech. Our team is here to assist you, and we hope to resolve this matter for you as soon as possible.

Best regards.

Rated 1 out of 5 stars

SEPA instant bullsh*t

SEPA instant bullsh*t. Not reliable, for sure no instant transfer and now reading some reviews I m affraid for my funds.

February 18, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Eduard,

We understand your frustration and appreciate your feedback. SEPA Instant transfers are typically processed within seconds, but in some cases, additional security checks or manual reviews may be required by the payment processor or the receiving bank. These measures are in place to ensure the safety and compliance of all transactions.

If you’re experiencing a delay, please reach out to us by emailing support@paymonade.tech with your transaction details, and we’ll be happy to check the status and assist you further. We are here to help.

Best regards.

Rated 1 out of 5 stars

This private company

This private company, that has firmly stuck to Binance, requires strictly confidential data on the company's source and income, including my pension (!), to open an account, explaining this as "anti-money laundering".
I sent them a copy of my canadian passport, permanent residence permit in Germany, proof of my address, etc.
Аt the beginning paymonade required verification with ID, I tried many times and the picture was good Then I got a message that verification was successful Then I got a letter from paymonade that I failed verification.
Now they want my bank statements for three months, copy of my pension statements etc., etc.!
This company most likely works for communist China or the Russian KGB.
Be careful with them. I terminated all "verifications" which they are required and closed my account with them.

February 4, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

We are sincerely sorry for your unpleasant experience.

We understand that verification processes can sometimes feel extensive, but they are essential for complying with regulations. These measures are in place to ensure security.

We apologize for any confusion regarding your verification status and the requests for additional documentation. Our team follows strict confidentiality and data protection policies, and we do not share personal information beyond what is required for regulatory compliance.

We regret that your experience did not meet expectations, and we appreciate your patience throughout the process.

Please reach out to us by emailing support@paymonade.tech for more details. We are here to help in.

Best regards.

Rated 1 out of 5 stars

I just saw what you replied to me and I…

I just saw what you replied to me and I have sent you I am on the subject of “scam” just you should be careful people should not trust you and binance should stop working with you because you are not worthy to protect people who want to invest some money as in my case I fell victim to phishing because of you and I lost 800€... you should just be ashamed to take advantage of people

January 18, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear User,

We are sorry to hear about the incident.

To better understand the specific issue you've encountered and to address it effectively, we kindly request more information from you.

Please kindly contact us via support@paymonade.tech with more details. We are here to help in.

Best regards.

Rated 1 out of 5 stars

Scam platform

Scam platform, beware of it, it is only used for data collection.
I provided all the income documents and bank statements for verification, but my verification was rejected, I don't understand why, after three attempts I decided to abandon the platform and use other payment methods on Binance. I hope Binance will stop cooperating with them.

January 15, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

We are sincerely sorry for your unpleasant experience.

To remain compliant with the regulations we are obliged to ask for additional information/documentation to properly verify source of funds and source of wealth. Not is this only a law requirement, it is also to ensure customers' safe experience and confidence.

Please kindly reach out to us via support@paymonade.tech for more assistance. We are here to help in.

Best regards.

Rated 1 out of 5 stars

Shit and sus platform asf

SHIT, and maybe Scam.
i was transporting some usdc Money to euro so I cut get it to my account. In the beginning paymonade wanted me to verify with id card, I try many times and the picture was good, but they said it was bad kvaliti, then I tryet with my passport and then the first time I tried It works, so a bit sus. Then they verified my account, so I tryed to do my transaction and it says that it went successfully, but then I got a mail from binance that it failed, and now I am in contact with binance to get my money back! Shit and sus platform asf

January 13, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear user,

We are sincerely sorry for your unpleasant experience.

We understand how frustrating it can be and sincere apologise for any inconvenience caused you.

Please reach out to us by emailing support@paymonade.tech with more details. We are here to help in.

Best regards.

Rated 1 out of 5 stars

I am trying to make payments and the…

I am trying to make payments and the app gives me an unknown error and the support team told me to reduce the amount and try in the next days. I am to lose opportunities.

January 8, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Mario,

We are sincerely sorry for your unpleasant experience.

We understand that this may be disappointing and apologize for any inconvenience caused. We are able to see that you have successful transactions now.

Please reach out to us by emailing support@paymonade.tech for furthers assistance. We are here to help in.

Best regards.

Rated 1 out of 5 stars

possibly scam

possibly scam, they force you to do KYC take your face picture, passport, your address, then after that they will say we could not approve your withdrawal

January 8, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Marwen,

We are sincerely sorry for your unpleasant experience.

We understand that this may be disappointing and apologize for any inconvenience caused. We would like to help out with your withdrawal process.

Please reach out to us by emailing support@paymonade.tech for further assistance, We are here to help in.

Best regards.

Rated 1 out of 5 stars

The money transfer failed for an…

The money transfer failed for an unknown reason, and I am unable to log in to the platform because I need to confirm my identity again. However, the confirmation code is not being sent. The first time, when I provided my passport photo and selfie, the code arrived within seconds. Now, after this issue has occurred, I have no way to contact the platform. This situation raises concerns about how my information is being handled. What steps should I take next? Additionally, their customer support is not responding.
Based on my experience, I cannot recommend this platform to anyone. The lack of reliability, poor customer support, and unresolved issues have left me deeply dissatisfied.

January 8, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Simo,

Thank you for sharing your concerns with us. We sincerely apologize for the inconvenience you've experienced.

To better understand the specific issue you've encountered and to address it effectively, we kindly request more information from you.

Again, we are sorry to hear your unpleasant experience. Please kindly let us know your registered email or contact us via support@paymonade.tech with more details. We are here to help in.

Best regards.

Rated 1 out of 5 stars

Terrible

After my identity "was verified" I made a transfer after which there was a follow-up verification as if they didn't know there'll be a need for source of funds proof before that. After a couple of hours the transfer failed because some limit was exceeded. As if there was no expected sum in the transfer setup before that. The service's a joke.

January 2, 2025
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Yaroslav,

We are sincerely sorry for your unpleasant experience.

We kindly ask for your understanding, as we are required to request additional information or documentation to properly verify the source of funds and source of wealth when transactions exceed the established limits to ensure compliance with regulations.

We apologize for any inconvenience this may cause and truly appreciate your feedback as we strive to continually improve our service.

Please reach out to us via support@paymonade.tech if there's anything you'd like to share. We're here to listen.

Best Regards

Rated 1 out of 5 stars

Can't sell Crypto

I bought some crypto through Binance, using an ANZ debit card. However, when I came to sell it, Paymonade said that they could not deposit the funds into an ANZ account. They had no suggestions other than to go to another bank and open a new account.

So now I cannot convert my crypto back into NZD.

December 13, 2024
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Matthew,

We are sincerely sorry for your unpleasant experience.

Paymonade do support New Zealand for sell to card, however, we regret some card might not support on sell to card feature. We understand that this may be disappointing and apologize for any inconvenience caused.

Please reach out to us by emailing support@paymonade.tech with if you have any questions. We are here to help in.

Best regards.

Rated 1 out of 5 stars

I did a transfer 3 days ago with…

I did a transfer 3 days ago with Paymonade selling bitcoin to CHF and I am still waiting for my money and when I ask for information at the support they say I have to wait and they cannot even cancel the transfer, it’s a urgent client transfer and Paymonade they taking ages after they say it take 30 minutes to transfer

December 17, 2024
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Anthony,

We are sincerely sorry for your unpleasant experience.

We would like to confirm that your recent sell to card transaction on Paymonade was successfully processed.

The processing time for the funds to appear on your card will take up to 2 business days. However, processing times may vary based on your bank’s policies and payment channel.

We understand that waiting can be frustrating, and we genuinely appreciate your patience.

Please reach out to us by emailing support@paymonade.tech with more details. We are here to help in.

Best regards.

Rated 1 out of 5 stars

Very bad communication with technical…

Very bad communication with technical support, I sent them 3 times the number of the card to which I want to pay money and they say that it is impossible to pay, even though I mentioned that I am writing from Austria, I received a reply that my card from Australia is not good for payment, very complicated and very bad application because of which I lost 300$, I have never had a worse application, it was horrible!!!

December 16, 2024
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Danijel,

We are sincerely sorry for your unpleasant experience.

We understand how frustrating it can be and we deeply regret this outcome.

We would also like to clarify that the ability to 'sell to card' is determined by card issuer country and card configuration from Bank end.

Once again, we sincerely apologize for the inconvenience caused and appreciate on your feedback to continuously working to improve our service wherever possible.

Please reach out to us by emailing support@paymonade.tech for more inquiry.

Best Regards

Rated 1 out of 5 stars

Unable To Verify Account

I contacted them about verification failing when I tried to sell crypto on Binance and all they said is that they can’t fix my issue. Binance only gives Paymonade as an option in Australia to sell and they only have an email, not a phone number I can contact.

Useless company

December 13, 2024
Unprompted review
Paymonade logo

Reply from Paymonade

Dear Amir,

We are sincerely sorry for your unpleasant experience.

Currently we do not offer phone customer support as it is in our roadmap.

Rest assured we are actively addressing your concern. We’ve sent you an email with more details, kindly check your inbox for the follow up message.

If you have any further questions, feel free to reply to the email support@paymonade.tech

Best regards.

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