Having a Payoneer Account is very important nowadays!
Because, if you are someone from PayPal unsupported countries like Bangladesh or Pakistan, you might know how challenging international online transactions can be.
Payoneer came to the rescue to simplify things. You can transfer money in a matter of seconds with this service.
It is one of the world’s largest online payment solutions, allowing users to transfer money safely and securely to more than 200 countries around the world. You can use more than 150 currencies with it. The product can be used anywhere in the world.
You’ll receive a special bonus as a reader of our blog. Simply sign up following the step mentioned here and grab a $25 bonus.
- What is Payoneer?
- Benefits of Payoneer
- How To Create A Payoneer Account
- How To Activate Payoneer Card
- How to Add Funds to Payoneer Account
- How to Withdraw Money from Payoneer Account
What is Payoneer?
There are over 200 countries in which Payoneer can be used for money transfers. You can use it as an alternative to PayPal.
It is also possible to withdraw money from Payoneer through your local bank. You can also use it at local ATMs. Companies like Google, Amazon, Airbnb, and Fiverr use Payoneer as a payment method.
Benefits of Payoneer
Payoneer has many uses, which I would like to describe before moving on.
- You can withdraw money from supported ATM booths using Payoneer.
- You can shop online from sites like Amazon and eBay all over the world.
- Online hotel booking sites like Booking.com are available.
- Upwork, Freelancer, Elance, Fiverr, and other freelancing sites pay freelancers.
- The following affiliate networks can pay you: ShareASale, CJ, Impact Radius, etc.
- The sites HostGator and Namecheap are among those where you can buy domains and web hosting.
- If you want to make global transactions, you can apply for a Free Virtual US Bank Account.
How To Create A Payoneer Account
Let’s take a look at the step-by-step tutorial now.
Step 1: To begin, visit Payoneer.com (ref. link) and click on “Sign Up & Earn $25”.
Step 2: Choose your type. I am choosing as an individual option as I receive payments from both clients and the marketplace.
Step 3: Now hit the “Register” button to get started with the process.
Step 4: You will need to enter your Name, Email Address, and Date of Birth on the following page & your identity proof. Click ‘Next’ to continue.
Step 6: Your contact information needs to be entered now. You must enter the correct address, city, and zip code. Click on ‘Next’.
Step 7: Passwords and security questions need to be specified next. If you don’t have a notepad, take a screenshot of the answer to the security question.
Step 8: Once you have entered your bank information, click “Submit”.
Step 9: After that, they will review your application.
You will then receive an email confirmation of your order. A letter will be sent to your address once your Payoneer has been approved.
How To Activate Payoneer Card
The process of activating a Payoneer Card is very simple.
Step 1: Log into your account and click ‘Activate’. Here is a screenshot of what it looks like (see below)
Step 2: Payoneer will verify that you have received the confirmation letter when you enter your 16-digit card number. You will be using this PIN in ATMs and stores. Don’t forget these four digits. Then click ‘Activate’.
Final Step: The next page will display a message that says “Your request was successfully completed”. A confirmation email will also be sent to you once your activation has been successful.
Your Payoneer account is now ready to use.
How to Add Funds to Payoneer Account
You will see a $0.00 Payoneer balance on your account once you have activated it. You need to receive at least $1000 to your Payoneer in order to get the $25 bonus. The next step is to load money into your Payoneer.
1. Receiving Payments from Payoneer Supported Companies
The Payoneer payment method is available to bloggers, freelancers, and affiliate marketers.
The following companies accept Payoneer payments.
- There are a number of freelancing sites, such as Elance, Odesk, Fiverr, 99Designs, Freelance, etc.
- These affiliate networks include Shareasale, Commission Junction, Clickbank, Envato, etc.
- The following advertising networks are available: Buysellads, Infolinks, Revenuehits, Qadabra, Kontera, etc.
2. Using US Payment Service
Payoneer holders can receive payments from US-based companies using this service. It’s not necessary to be a US resident to receive money from US-based companies like Amazon, Clickbank, etc. If you have a US Payment Service account, simply use it.
Alternatively, you can earn money through the Payoneer Affiliate Program to add funds to your account.
How to Withdraw Money from Payoneer Account
The money you withdraw from Payoneer can be deposited into your local bank account or withdrawn from a local ATM machine.
1. Withdraw Money to Local Bank
Payoneer funds can be withdrawn to a local bank account in a few easy steps.
It is first necessary to apply for approval of your bank account. Here are some simple steps you can follow.
Step 1: You need to log in to your Payoneer account.
Step 2: You can withdraw funds by going to “To Bank Account” under “Withdraw”.
Step 3: It will ask you to add your bank account details. As you have added the bank account while signing up for the Payoneer, it will appear here once you have clicked on the “Withdraw to bank” option.
Final step: You can withdraw money from your bank account once your account has been approved. Here are the steps you need to follow. It will take 4-5 business days for your funds to be deposited.
2. Withdraw Money from a Local ATM
Payoneer money can be withdrawn from your local ATM booth. It is just a matter of making sure that the ATM supports Payoneer. The payment will be made in the currency of your choice.
📢Caution: FacileWay loves transparency. You won’t get the $25 immediately after signing up for the Payoneer. You have to complete a transaction of $1000 for becoming eligible for this bonus.
Payoneer is one of the best online payment solutions that allow you to withdraw money/cash earned online directly into your bank account via wire transfers.
You no longer have to deal with unreliable third-party payment providers for any international online money transactions you may be doing. You can use the Payoneer bank accounts for any local currency you want. You can have bank accounts from several countries around the world if you want.
I hope you found this post helpful in getting a Payoneer account. I am happy to answer any questions you might have regarding Payoneer.
I would appreciate it if you shared this post on Facebook, Twitter, or LinkedIn if you found it useful.