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Sunday 10 January 2016

Why do you need to have a Payoneer Account?

First of all let me introduce you to payoneer if you do not know about it already. Payoneer is a financial services business that provides online money transfer and e-commerce payment services. It is supported in more than 200 countries world wide.



Why do you need to use Payoneer?

Payoneer ships a payoneer prepaid master card to your door step upon request at their official website here without any charges. So the first big reason to have it, is because it is free and you can order it very easily. If you are a freelancer, have an online business or provide other online services, I think payoneer is a must have for you. It makes your life a lot easier if you are getting paid by companies like Upwork, Fiverr, Taboola, Freelancer, iStock and many more. You can receive your payments from these companies into your payoneer account and then use payoneer card in atm for funds withdrawal from your payoneer account. You can use payoneer prepaid master card to make online payments where ever master card is accepted. The payout and money transferring costs at payoneer are also considerably low.

What else can you do with Payoneer?

A lot of people from those countries where paypal is not available have been using payoneer card to approve their paypal accounts. Yes, that's true you can approve your paypal account using payoneer even if paypal does not support your country. Payoneer will provide you with a virtual US bank account and once you have your bank details, all you need to do is register with paypal with some fake US address, name and phone number and link your paypal to the bank details provided by payoneer. Paypal will two small transactions in your bank that will show up in your payoneer account and then you have to confirm those transaction amounts to paypal. Once you have confirmed those transaction amount, your paypal will be linked to payoneer.

You can even earn some money with payoneer

Payoneer has a referral program which means that if you are good at convincing people to join payoneer, you can make some money with this program.

What you can not do with Payoneer?

If you are looking to link your payza account (another online payment solution just like paypal) to the US virtual bank account provided by payoneer, sorry but you won't be able to do that because payza does not support payoneer card.

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