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Payoneer is a long-running global money transfer service. It was founded in 2005 with a $2 million seed funding from then CEO Yuval Tal  and other private investors.

It comes as a financial services business that goes on to provide online money transfer and e-commerce payment services. Presently, Scott Galit is the CEO of Payoneer Inc. Payoneer is headquartered in New York City.

Payoneer is a registered Member Service Provider (MSP) of MasterCard Incorporated. It provides various money transferring services such as wire transfers, online payments, reloadable prepaid master debit card, account-to-account money transfers.

Payoneer offers its services with a low currency conversion fee. Payoneer has a strong customer base with over three million users in more than 200 countries. It supports transactions in more than 150 currencies offering cross-border wire transfers, refillable debit card services, and online payments.

Payoneer also provides a US payment service wherein you get a free USA bank account (USA virtual bank account). In fact, Payoneer comes as one of the best online money transfer services for people who are located outside the United States and want to receive money through US companies quickly.

what is payoneer

Who uses Payoneer?

The previous decade has witnessed a rapid expansion in Payoneer service. It has quickly spread all over the world. Now, there are many US companies that support Payoneer as a trustworthy and reliable online money processing service.

Here, is the list of some of the companies that use Payoneer for payouts

1. Amazon.com
2. 99designs
3. Amway Corporation
4. Avangate
5. 123RF
6. 2Checkout.com Inc.
7. Digital River
8. Envato Inc.
9. Facebook
10. Fiverr
11. GoDaddy.com
12. Hide My Ass!
13. Google Inc
14. Linkshare
15. oDesk
16. Microsoft Corporation
17. ShareASale.com
18. iStockPhotos
19. Welocalize
20. uShip
21. Clicxsense
22. PropellerAds
23. Bluesnap
24. Fiverr LBT (India)
25. Infolinks
26. oDesk
(Including many others)


Apart from these companies, there are many other companies from which you can get payments using the Payoneer US Payment Service.

In fact, there are many freelancers (located in Asia and Africa) who are using Payoneer payment service efficiently.

Is Payoneer for you?

If you are working as a blogger, freelance worker, or an internet marketer, then Payoneer can prove to be a formidable online money processing service. Moreover, Payoneer is being used by most of the service companies as a money withdrawal option.

It comes as a fast payment service that is supported worldwide.
In fact, if you do not belong to PayPal supported country, then Payoneer should be the best alternative to go with. To get a Payoneer account, you should be at least 18 years of age. Creating an account with Payoneer is free.

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