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Whether you have an eCommerce store, running a blog, doing freelancing work, or buying stuff from Amazon, and eBay, you invariably need a viable, secure, and affordable global money transfer service.

That’s where Payoneer global money processing service comes into the picture. It is safe, secure, affordable, and trustworthy. It’s truly a global money transfer service that helps you to receive payments across all nations and countries throughout the globe.

What is Payoneer?

Here, we have come up with Payoneer review and show you how you can benefit from it.

Benefits of using Payoneer

Payoneer provides a lot of advantages.

Herein I have listed few of them:

Security

Payoneer employs advanced technology thereby ensuring customer privacy and authentication. So, your Payoneer account is always safe and secure.

You can set up as much as three security questions that are asked whenever there are any fraud login attempts for your account.

As the answers are only known to you, it is only you who can login to your account. It proves a good move to keep your money safe with Payoneer.

Payoneer’s US Payment Service

It is one of the best offers that you get with Payoneer. Payoneer’s US Payment Service allows you to have free virtual US bank account. You need to fulfill some requirements. However, once the requirements are met, you can go for opening US collection account.

You can use US virtual bank account for receiving money from US companies and other European companies which provide an option for direct deposit to US bank accounts. So, you do not need to wait for weeks to get your paychecks.

Receive money from European companies

When you partner with Payoneer, you can receive money from European companies in a fast and easy way. When you open up a Payoneer online account, the Payoneer team creates a  EUR collection account for you.

So, whenever you want to receive money from a European company, you only need to provide your checking collection account details.

Easy to use

Payoneer is accepted as a reliable online payment system by many US and European companies. You can easily set up Payoneer as the default payment method

Currency

Payoneer supports as much as 150 currencies worldwide. You don’t need to convert funds into the local currency your funds are automatically converted and transferred to user’s local bank account.

Account to Account Money Transfer

Payoneer allows you to transfer money from account to another easily. It is particularly useful if you have custom offers for your customers. Payoneer goes to deliver fast and secure one-to-one money processing service.

Some other Payoneer benefits include:

  • Funds are automatically transferred to user’s local bank account
  • Multilingual Online Support Service which is available 24x7x365
  • Cost Effective
  • Load money from the local bank (saving/checking account) to Payoneer Account. (This is not available in India.)
How to apply for a Payoneer Account

Anyone who is aged above 18 years of age can apply for a Payoneer account.

Step #1: Go to Payoneer.com

Step#2: Click on the sign-up button and fill out the application form.

After you fill out the application form successfully, you will see a thank you page. If your application carries some errors, you will be notified that your application is declined.

However, if your application is error free, you will get a success message.

Bonus: When you sign up to Payoneer, you will get loaded with extra $50.00 as a bonus in your account on the first transaction of $100.00.

Step#3: Once your Payoneer application is approved, you need to apply for Payoneer US Payment Service. Once your US Payment Service is enabled, you are ready to use Payoneer.

You can bill customers directly from your Payoneer Account

It takes a few simple steps to bill customers directly from the Payoneer platform. Payoneer makes it simple for you to get paid.

Here are the steps:
  • Log in to Payoneer
  • Click on “Request a Payment” (step by step instructions are listed here)
  • Fill out the details of the payment (Payoneer sends out an email to your client on your behalf, with instructions on how to pay you)
  • Get paid straight to your Payoneer account
Payoneer makes
Payoneer makes it easy for your clients to pay you. Using Payoneer Billing Service, your clients get access to several simple and secure ways to pay you online.

With Payoneer, you will never forget to send out the bill. It helps to keep track of your finances.

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