Payoneer

What’s Payoneer?

Payoneer is a payment method. You can apply for MasterCard by having an account with Payoneer. However, the application must be made through any marketplace. With Payoneer MasterCard you can easily transfer dollars from international marketplaces like Fiber, Upwork etc. and using MasterCard you can withdraw money from ATM booths of local banks in your country. Earlier Payoneer MasterCard was a freepaid system but now it has been changed to debit card.

Sending me a notification from Payoneer

Good news! Your Payoneer card is being upgraded to a commercial Payoneer card tomorrow! Don’t worry, you’ll still be able to use the same card and associated card details to utilize your funds.

What’s the difference?

Commercial Payoneer cards have higher acceptance rates when paying for business services and support increased spending limits. It’s a much better card solution for business owners and we are confident that you’re going to love it.

When you work in the freelance marketplaces as a professional freelancer and bring your earned money to your country, you need to take such an online banking service.

How to create an account in Payoneer?

It is very easy to create an account in Payoneer. Here are some things to keep in mind before creating a Payoneer account.

1) Your Voter ID Card or Driving License or Passport (either one)

2) An email account (if not, you can get a free Gmail account)

3) You will need an account with any bank in your country

4) A mobile number

Suppose you are working in a freelance marketplace but do not have a voter ID card or a driving license or passport. In that case you can create an account using the information of your parents or your elder brother, sister who has a voter ID card or driving license or passport. There will be no problem transferring dollars from the marketplace or taking payment from the client.

How to send a request from Payoneer to the client to pay you?

With Payoneer you can easily take payment directly from your client. If the client confirms after sending the payment request, the dollar will be credited to your account within 48 hours.

How to apply for Payoneer MasterCard?

Once your Payoneer account is approved, the first thing you need to do is deposit $100 into any Payoneer account from any international online marketplace such as Fiverr, Upwork, etc. You can then apply for a MasterCard at Payoneer. The card will arrive at your home or office address within 30 days of applying.

Payoneer will not charge you for ordering the card. If for some reason the card does not come to your home or office, you can check at the post office. If you still don’t get it, you will need to re-order the card from Payoneer to send a new one or you can contact Payoneer Support.

If you have dollars in Payoneer, you can use MasterCard to withdraw money from any ATM booth in your country that supports MasterCard.

How to add any local bank account in your country to Payoneer?

You can add more than one local bank account in your country to Payoneer. First you need a bank account then you can easily add by logging in to the Payoneer account. It will take 3–5 days after adding the bank account to verify. If everything is OK, you will receive a confirmation message via email.

How to bring money from Payoneer to any local bank in your country?

If you withdraw money from an ATM using Payoneer MasterCard, you will be charged a $3 fee each time you withdraw money. You can transfer dollars from Payoneer to any local bank in your country. You do not have to pay any fee to transfer money to local bank, it is completely free. Then you can withdraw money for free through ATM card of local bank. When the dollar is sent from Payoneer to the local bank, the money reaches the bank within 3–5 days.

How do I apply for a new Payoneer MasterCard card?

Your MasterCard will be valid for 3 years. You need to apply for a new card before the end of 3 years. Payoneer will email you how to order a new card and when to apply. You will see notifications when you login to the Payoneer account. No dollars to pay for a new card. Payoneer will send you a new card for free.