Payoneer GuideNovember 28, 2019
What is Payoneer?
Payoneer is a financial services company that provides online money transfer and digital payment services. Account holders can send and receive funds into their bank account, Payoneer e-wallet or onto a reloadable prepaid MasterCard debit card that can be used
If you’re anyone who works with any client or works directly on a website including Fiverr, Affiliate Networks such as Amazon Affiliate Network or any other one and then the company wants to make you payment then we have to provide any Bank in order the client or the company to send us the Money that we have earned with them.
Payoneer It’s one of the online companies that help freelancers connect their Payoneer account with any Site or Network and then get paid by those companies or networks when they want to send Payment either at the end of the month or whenever they want to make a payment. So ultimately, when you have created an account with Payoneer and then you have integrated & linked it with any network then the company or the network then can easily send you Payment via your Payoneer account and once they release your earnings/payment, you can receive within a few hours or a few days depending upon your selection of the Withdrawal Time!
Payoneer offers freelancers simple freelancer payment options to pay and get paid by companies and marketplaces worldwide. The fast, flexible and low-cost freelancer payment methods make sending and receiving payment for freelance work globally simple and cost-effective. Receive payment for freelance work on marketplaces like Upwork and Fiverr or directly from any U.S. or European company. Freelancers across the globe get paid through Payoneer as it offers safe freelancer payment methods which facilitate the payment process for their cross-border business. Getting paid for freelance work doesn’t have to be expensive or take a lot of time.
Payoneer makes it easier to focus less on how to get paid and more on how to grow your business Payoneer Makes It Easy and Simple for Freelancers, Service Providers and Stock Photographers to Manage their Cross-Border Payments User-Friendly Platform Easily view and manage your transactions, including: incoming payments, outgoing payments, point-of-sale transactions, withdrawals, withdrawals to your bank account, and account fees. Customize your view by filtering by transaction type and status, print or export the table for your records in Excel or PDF format. Generate a monthly activity statement with the click of a button. Global Payment Service Accept payments directly in more currencies with our global receiving accounts. Payoneer offers its customers receiving accounts for local transfers in EUR, USD and GBP. Get paid quickly and easily directly to your Payoneer account from companies and individuals around the world. This solution enables you to effectively eliminate all costs associated with wire transfer fees for payments being received in these currencies. Immediate In-Network Payments Payoneer makes it easy to pay in-network suppliers for free with fast and secure payments received in up to 2 hours. Invite your suppliers and service providers to Payoneer with the click of a button and benefit from this low-cost, secure and fast solution for all your outgoing payments.
Affiliate Marketers – Who want to receive payments from Affiliate Networks i.e Amazon, Payoneer Affiliate Program, Fiverr etc. Bloggers – Bloggers who work direct with Clients or work with any online network & site can easily get paid via Payoneer and can easily then withdraw money via the Payoneer MasterCard. Freelancers – Those who work Micro Jobs etc on Freelancing sites such as Fiverr, Freelance.com, Truelancer.com or many more can easily receive their Freelancing earnings via Payoneer at very low fees compared to many online money transfer companies eCommerce Stores Owners – Those who operate eCommerce Stores or sell products online on Amazon stores etc can easily get paid via Payoneer. Those Who Want To Get Paid By US Banks & Companies – If you’re anyone who wants to get paid by US Banks or US Companies then the Payoneer Global Payment Service is the #1 solution for receiving payments from US Banks & US-Based companies & networks – or in other words, if you want to get paid as a US user, you can do so using the Payoneer Global Payment Service). Those Who Work With Clients – (Also Payoneer is the #1 solution for those who work directly with Clients & want to get their Payments from Clients – In this situation, the Freelancer who works for the client will send a Payment Request to the Client using their Email Address and the Client will be able to pay the Employee either using their Payoneer Balance or directly using any Debit or Credit Card. If You’re From PayPal Unsupported Country – In this situation, you won’t be able to use PayPal for online transaction and even you won’t be able to sign up for an account and that’s where Payoneer is the #1 solution in here. Benefits of Using Payoneer Payoneer is the best solution to use and get your payments received from anywhere in the world and is all beneficial for everyone. But still, let me share a few benefits of it below. The Best PayPal Alternative We think PayPal is the giant of all the rest of online payment processing companies and in fact that’ the truth. But after all, if you’re someone who is looking for an alternative to PayPal just because PayPal is not available in your country or you don’t love the PayPal fees & restrictions then Payoneer is the choice to sign up for. In many cases, the Payoneer fees are lower than compared to PayPal fees but still in many aspects, Payoneer can be considered as the best than PayPal in terms of Fees & Charges, Payoneer MasterCard which is offered to every account holder in across the world while PayPal MasterCard can only be ordered & used in the US only (I’m not sure if only US users can use it but still according to some reports, PayPal branded MasterCard can be only used & ordered in the US). Send & Receive Payments Fast & Hassle free Now the thing that I love about Payoneer is their easy & fast to send & receive payments & funds. What a user needs to receive payment from any company is to link or integrate his/her Payoneer account with that site/network and then the company will be able to send you Payment on the fixed date that they have specified for sending payments to you. In most cases & most companies release payments either at the end of the month or at the half of the next month after your payments are cleared on the site/network you work with. Once the site/network release a Payment to your Payoneer account, you’ll receive a quick email from Payoneer that “You have received a Payment from a Company”. Payment Received Via Payoneer And in that email, you’ll see a confirmation link/button which will allow you to confirm the payment and once you click that button, it will take you to the Payoneer site where you’ll be asked two options. Payoneer Normal Withdrawal – When you’ll select this option at the funds’ withdrawal, Payoneer will fund your account within 2-3 days at a fee of just $2 as of now. Payoneer Instant Withdrawal – When you’ll select this option at the funds’ withdrawal, Payoneer will fund your account within 2 hours or faster but it will cost you a fee of $5 as of now. Different Withdrawal Options One of the benefits of Payoneer is that when you have balance in your Payoneer account, you can easily withdraw it in various ways such as if you have ordered your own Payoneer MasterCard then you can either withdraw funds from your Payoneer account by any Auto Teller Machine also known as ATM, make an online transaction to any website or network or make purchases offline in-stores. So via the ATM Card, you can make three kinds of transactions & purchases which we already discussed here. Now another option of withdrawing money from your Payoneer account is by Adding & Linking a Local Bank Account with Payoneer. By linking a Bank Account with your Payoneer account will help you withdraw funds from your account to your Bank Account directly without any heavy fees & transaction fees and thus will further help you reduce the funds withdrawal fees at a higher rate!
Sign up now start earning $25 usd Conclusion I hope you found this post helpful. In case you have any questions regarding this post or you have issues while signing up for Payoneer, you can always leave your valuable comments below and we’lll help you soon after reviewing your comments