This topics goes to the credit towards how to create a Payoneer account and receive money in international level. If you are a business man, freelancer or any professional who receive money from all over the world then be sure Payoneer is a good option for you to receive your money from anywhere. Where they pay you online through wire transfer.
How does work Payoneer ?
Payoneer also works just like a PayPal or any other online payments company.
Now you can sing up in Payoneer login the website of Payoneer, where you can create your own account. When you create your account with Payonner you can send Payoneer identification account number and routing number to the company that needs to pay you.
E.g. if you are working as a freelancer with Elance, You have to give your Payoneer account details to Up work and then all your payments will be sent in your account.
Suppose, Payoneer does work as a bridge between you and your employer. Here I have mentions some list which you can use with Payoneer.
How to create Payoneer account?
Its simple. First off all visit this Pyoneer Sign Up Page. Then click on Sing Up section. Now you can join as an individual or a company in options. If you are a professional without any registered company then choose individual.
Its universal that when you sign up in Payoner you will receive $25 as a signup bonus.
Before sign up follow these four steps.
1.Getting Started : Enter your correct name, email and date of birth
2. Contact Details : write your details address and phone number.
3. Details : Enter account password and choose security questions and answer.
4. Almost Done : Enter bank details, check the TnC check box then submit your form.
After this your application goes for the review process and after some weeks you will be receive confirmation email by Payoneer team.
If your account has been created you login and send a payment request to the company you wanted to withdraw your money from. While requesting your payment in Payoneer you have to keep something in your mind :-
- The amount you want to withdraw
- Payment types : means the party you are going to receive your payment from. Mostly you can choose one from the option from dropdown menu.
- Payer details : fill the details about the payer.
For every transaction Payoneer is going to deduct money like Payal or any other wire transfer service. Although fees keep changing but we are giving you latest figures that were available the day we wrote the article.
Here you can withdraw your money through this options
- Payoneer MasterCard
- ATM withdrawals
- Direct Bank Transfer
For each of them payoneer charger a fee whenever you make a transaction.
Payoneer Master Card :
- You have to Pay $5 for your Card Activation if you are from US and $10 for outsider from US.
- Loading Payment it is $1.5 and for immediate it is $4 each time payment is loaded.
- $3 for monthly card account maintenance.
- $12.95 for card replacement in us.
ATM Withdrawals :
- Per Transaction in US is $1.35 and outside from US $2.15
- ATM decline fee is $.90
- Inquiry fee $.90
Direct Bank Transfer :
- This method is most famous for transactions among users. Every bank transfer the payoneer is going to charge $2 for every $100 you transfer.
- Less then $75 it may charge $3 per transaction.
