With your payoneer account you can receive and pay money from and to many parts of the world In multiple currencies with ease.
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How To Open/set up your Payoneer account
To receive global deposits and payments, open a Payoneer account Visit the website to get this done.
The account setup requires basic information and takes approimately three business days to be verified. Once verified, you’re ready to receive payments.
Alternatively, if you are working with a company that offers Payoneer as a direct payment solution, just select Payoneer as your payment method and sign in to your account.
Your payoneer account Username
Note that your username is the email address associated with your Payoneer account.
How to receive payments with Payoneer
Payoneer offers you several ways to get paid. Receiving accounts allow you to accept funds straight into your Payoneer account. They act just like bank account details would.
There are two types of receiving accounts:.
1. Local receiving accounts,:
which lets you get paid via local bank transfer from companies in different countries as if you had a local bank account in that country, and SWIFT (Wire) receiving accounts, which let you get paid by wire transfer worldwide. You can use a SWIFT (Wire) receiving account to receive payments from companies located in countries where local receiving accounts aren’t supported.
Local receiving accounts work just like a bank account. Just request a local receiving account for the country and currency you need. They’ll provide bank details which you can give to the client or marketplace you need to get paid by. The company uses these details to send you a bank transfer and the funds lands in your Payoneer account.
You can then withdraw the funds to your local bank account or to your Payoneer card, which you can use at ATMs, stores, or online anywhere Mastercard® is accepted. You’ll also have the chance to check the status of any payment quickly on the web or via the Payoneer mobile app.
Companies can transfer payments using your receiving account details, but you cannot charge your receiving account. Any charge attempts will be declined.
2. Request payment On Pioneer
Payoneer allows you to request a payment from anyone in the world by sending a request straight to their email.
Simply enter the client’s details and requested payment amount, attach an invoice or create one, and submit. That’s it! On the other end, the client is notified of the payment request and can pay the request immediately with a credit card or a bank transfer. You can track your payment request’s status and receive a notification once payment has been made. You can withdraw funds to a bank account or use them to pay for other Payoneer services when the funds are available
How To send payment Using Payoneer
Using Payoneer to send money is convenient. Send payments to nearly anywhere in the world quickly and easily!
It works like this:
1. Simply sign in to your Payoneer account on the web or the mobile app,
2. click “Pay,” and then “Make a Payment.”
3. Next, enter or select the email address of the person or company you want to pay
4.choose your payment method, and
5. Enter the amount you wish to pay.
6. Type in a brief description of what you are paying for,
7. click “Pay Now,” and you’re all done.
They will send your payment immediately and your recipient will usually receive it within two hours.
You will receive a notification when the recipient has received the funds.
How To Track Payments On Payoneer
You and the recipient can track your payment status at any point. If you want to keep track of multiple account payments on the go, just use the Payoneer mobile app. It’s that easy!
Manage your business payments from the palm of your hand.
Payoneer is the leading cross-border payments platform for businesses. Our main mission? Streamline global commerce to empower businesses to go beyond. Millions of professionals use our platform every day to simplify their business payments.
Benefits/Things You can you do with Payoneer App
1. Get paid by marketplaces, platforms, and clients
2.Receive payments from clients and marketplaces located all over the world. Get paid in popular global currencies like USD, EUR, GBP, JPY, CAD, AUD, and more, via Payoneer receiving accounts.
3. Withdraw funds directly to your local bank account in over 150 countries and currencies or from an ATM using the Payoneer card.
4. Pay freelancers, service providers, suppliers, and contractors
5. Make international business payments to over 200 countries and skip the delays and costly hidden fees of wire transfers. Payoneer is the preferred payment method of millions of freelancers and businesses around the world.
6. Track your business payments every step of the way
7. Follow up on your previous incoming and outgoing payments and view your dashboard of balances in multiple currencies. Easily manage currencies with competitive conversion rates so you control the currencies you are holding and can pay your suppliers in their preferred currency.
8. Enjoy features designed with sellers in mind
9. Pay your VAT in multiple countries and receive working capital offers for your Amazon and Walmart stores.
10. Instantly receive funds in your account to grow your business in any way you can imagine, then settle gradually without constricting your cash flow.
13. Their multilingual customer care team is available 24/7 in over 20 languages via phone, email, Live Chat, and social media. They’ll always do their best to make sure that your experience is a smooth one and whether you are making or receiving payments, they’re only a few clicks away to help when needed.
14. The Payoneer mobile app was designed to complement your web-based account, and it puts a snapshot of your business payments right in your pocket, so you can manage your global payments on the go.
How To withdraw funds to Your bank account From Payoneer
Easily withdraw funds quickly and then transfer those funds to local banks. Use the web or mobile app to withdraw!
To withdraw funds to your bank account, simply
1. sign into your Payoneer account and
2.click the “Withdraw” tab.
3.Select “To Bank Account” and
3. enter the bank details where you want to receive your funds.
4. Review the details, confirm them, and
5. click ‘Withdraw.” That’s it!
They will send you a confirmation with your withdrawal details, and you will receive your funds within 2-5 business days. The process is just as simple and secure when you use the Payoneer mobile app to withdraw funds from your account too!
How To get And Use a Payoneer Card
With a Payoneer card, easily access your funds anytime, anywhere. Your card is linked to your Payoneer balance, available digitally or physically. Use it anywhere Mastercard is accepted: ATMs, stores, and online. Payoneer cards are available in USD, EUR, GBP, and CAD.
Before activating your Payoneer card, you must receive at least 100 USD or the equivalent in your account. If you receive payments in more than one currency, consider ordering a card for each separate currency.
Once your card is active, you can choose the balance to keep your card and control how and when funds are added to your card: top up your card with funds from your Payoneer account balance, either automatically or manually.
Due to local regulations, Payoneer can no longer issue or support cards for customers with a postal or actual address in the Russian Federation or India.
How To use the Payoneer mobile app
The Payoneer mobile app is available for both iOS and Android. The new Payoneer mobile app setup is easy and intuitive. Request payments, get paid, and make payments all on the go.
The Payoneer mobile app is constantly updated with new features. You can manage all of your payments and funds. Pay suppliers and contractors, withdraw funds to bank accounts, request client payments, and manage currencies. Check out our new mobile app payment request experience.
Inside the app you can see exactly what’s going on inside your account. Instantly check all your currency and card balances, track all account transactions, and view available funds on your prepaid card (if you have one).
You can also manage your Payoneer Prepaid Mastercards® and handle any card-related activities from the app. Order and activate new cards, find out how much you can get from an ATM, see your recent transaction history, retrieve your card PIN, and get real-time updates with enabled push notifications, all from the palm of your hand.
For more information visit the payoneer website
https://www.payoneer.com/resources/how-to-use-payoneer/