Are you looking for ways to receive money online without stress? You are on the right page. In this discussion, we are going to be explaining how to send and receive payments with Payoneer account.
How to Send and Receive Payments with Payoneer
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Payoneer is an online payment service platform which offers multiple ways of getting paid to people who might need to receive their funds across the world.
With Payoneer, you can send money across to people within or outside your country. Not only this, but you will also be able to receive payment from individuals and companies with ease. Payoneer also allows sending of funds to your local account at a good rate.
Payoneer makes use of account numbers. By default, a new Payoneer account will have access to three accounts of three different currencies; one of dollar, pounds, and euro.
These account details will be created following the name of the Payoneer account and account numbers for each account will be made available for your usage. You can as well request for an account in any other currency of your choice.
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Most of the times when people earn online, they face withdrawal issues. Most people find it difficult to get their money paid across to them.
For example, you may be a blogger who operates a UK AdSense and not in the UK. If not properly informed, you may find it difficult receiving your payment because you can only receive you Google AdSense payment into your local bank in the UK.
Also, freelancers make money with freelance websites doing what they know how to do best and make money online. At a stage when they need to receive their payment, they may find it difficult to withdraw if they haven’t come across an article like this.
With a Payoneer account, you can easily get your funds paid across to you. Account numbers that will be created for you are valid and can be used to send or receive money anywhere in the world with that particular currency it was created for.
Next time a client wants to pay you for your service in dollars or pounds or any other currency, you don’t need to think it twice before forwarding your Payoneer created account number over to him.
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How to Send and Receive Payments with Payoneer
Getting Started with Payoneer
To get started with Payoneer, you need to sign up for an account by clicking here. You will be required to provide a valid email address, phone number and other details including a valid id number (International passport, driving license or national id).
After registering by entering your details, a confirmation message will be sent to your email and you are expected to verify your account by following a link from the message.
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After this, you can now log in to your Payoneer account by providing your email and password from here.
Get your Account Numbers
To view your account numbers, click on global payments from your account page. Three account numbers; one in dollars, one in pounds and the third in euro will be allocated to you. You can also choose to open for other currencies as you may want.
Start to Send and Receive Payments
Once you have your account numbers, take note of them and start using them when there is a need to send and receive payments with Payoneer. It is fast, safe and cheap.
With your account, you can request payment or use the global payment service option. In addition, you can pay your VAT using your Payoneer account.
Request for Payoneer Credit Card
You can also request for Payoneer credit card by submitting an application for one. To request for Payoneer credit card from your account page, click on order a Payoneer prepaid MasterCard and fill the form. After this click on order.
Note that you will be able to order for a card only if you have received up to $30 dollars or its equivalent on your account.
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Send your Funds to your Local Bank
Once you have your funds received into your account, you may choose to send them into your local bank account even with a different currency.
Payoneer will let you calculate the rate at which you will receive the funds to be sent to your local bank. After making the calculation, you can then proceed with the transaction. I am always pleased with their rates while sending funds to my local bank.
To send funds to your local bank, click on withdraw to bank from your account page. You can then select a balance from which you would like to send the payment. After this, enter the withdrawal details and click on review.
Once this is reviewed, the transfer process will begin and you will be able to receive your funds in your local bank account at ease.
Request for more Accounts
By default, three accounts are created including the dollar, pound and euro for a new Payoneer account. However, you can choose to create more accounts such as the Canadian dollar, Australian dollar, Japanese yen and so on.
To create more account, click on global payment service and the country you would like to create its account. You can create a Japanese account, Chinese account, Canadian account, Australian account, and Mexican account.
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View your Transactions
You can view all your transactions so far from your profile page by clicking on view transactions.
We have come to the end of this discussion on how to send and receive payments with Payoneer.
There are other ways with which you can also send and receive payments online. For now, we have decided to discuss How to send and receive payments with Payoneer. We shall consider discussing other methods in an upcoming post.
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