As you might have guessed Payoneer is a financial services company which provides online money transfer and electronic payment services. The company has started working on 2005. Users with Payoneer Account are able to send and receive funds into their bank account, Payoneer e-wallet, or a prepaid Mastercard debit card, while these cards can be used whether on online or regular shopping. Using Payoneer ATM Debit card that has the Mastercard logo you can withdraw your money at any ATM machine that accepts Mastercard.
Payoneer service’s aim is to make
international and cross border payments easier and more convenient. Payoneer account
provides cross-border transactions in more than 150 local currencies, and it
uses banking network all around the world in order to make local bank transfers
possible. So you can add your local bank
account details to your Payoneer account and
transfer your funds to your bank accout at any time you wish.
With this new service freelance workers would get a new way for payments and also with Payoneer you are able to transfer money to any one for any reason directly and you do not have to go through a third party payment service to send or receive money across the world. So it definitely is a fast and easy solution for worldwide international payment issues.
Benefits of having a Payoneer account
Payoneer is an international payment system that provides all of the paypal facilities, and in some case even more, to its 4 million users around the world.
With Pioneer account, you can easily transfer funds from one account to another, purchase on the Internet, payment for doing freelance activities, receive a physical master card, and many other services. Using the Pioneer account helps you with expanding your business while you can shop online in all countries of the world or sell your products around the world using the Pioneer Payment Portal.
One of the most important benefits of this payment system is cooperation with companies such as Envato or Amazon, which allows users of these companies to review their revenue from Freelance through Payoneer account. Generally in case your business needs to send or receive online payments specially when it is international Payoneer account services may come in very handy. And finally it is good to know that Payoneer provide 24 hours 7 days customer support to increase users comforts and accessibility. So in case you face any problem with your account or company services you can reach them sending emails or calling directly and they would solve your issue as soon as possible, while it is usually done by hours and not longer.
How to set up Payoneer account step by step?
Every Payoneer customer should sign up for an account that can be used to make and receive payments. Signing up for Payoneer account is free and you can do it online within couple of minutes by following the steps below.
- Go to Payoneer website.
Go to Payoneer website and choose to start sign up process.
- Enter the required personal information.
Fill out the required personal details at the starting points. You should choose the account type that can be individual or company account considering your own purposes. Then enter your name, birth date, email address etc, and then tap next.
- Enter required contact and address information.
On the next step enter you contact information such as phone number and address, then tap next.
- Complete the security information.
Choose a password and fill the security questions, you also must give an id number and then move to next step.
- Enter bank account information.
At the final step you must enter your bank account information to connect your Payoneer account to it, then tap submit.
- Login and verify your account.
To verify your account login to it and in the verification part attach a government issued ID such as a Passport, Driver’s license or a National ID.
Once you finish signing up a confirmation message would state that your card will be delivered. Generally it only takes a few business days until the card is in your hand.
For conclusion Payoneer is one of the greatest and largest electronic payment companies with over 4 million users while it is free to sign up for Payoneer and you will get 25$ bounce from them as well and then you can transfer funds globally.