Are you looking for ways to receive money online without any stress? Here, you will be learning how to send and receive payments with a Payoneer account.
About Payoneer
Payoneer is an online payment service platform that 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.
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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 on the Payoneer account. Besides, the account numbers for each account created will be made available for your usage. You can as well request an account in any other currency of your choice.
Why Consider Payoneer to Send and Receive Payments Online
Most of the time 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 to receive your payment because you can only receive your Google AdSense payment from 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.
How to Send and Receive Payments with Payoneer
Getting Started
To get started with Payoneer, you need to sign up for an account 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 registration, a confirmation message will be sent to your email to verify your account.
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Now, you can proceed to 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 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
Also, you can request for Payoneer credit card by submitting an application for one. To request for Payoneer credit card from your account page, click Order a Payoneer prepaid MasterCard and fill the form. After this click 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 to your local bank account even if it’s in a different currency. Payoneer will let you calculate your money at an exchange rate which will be used to send money to your local bank account. 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 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 Global payment service and select a country. You can create a Japanese account, Chinese account, Canadian account, Australian account, and Mexican account.
View all your Transactions
You can view all your transactions so far from your profile page by clicking on view transactions.
There are other ways with which you can also send and receive payments online. For now, I have only considered how to send and receive payments with Payoneer.
There are different ways of earning online. Some people make their money online blogging, some make money freelancing, participating in affiliate marketing or sell items or websites online.
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Here is the end of my discussion on how to send and receive payments with Payoneer. Thanks for following my updates, I hope to see you back soon for more updates. If you like any of my articles, feel free to like or share them with your friends. Also, remember to follow this blog across social media pages. Finally, in case you have questions regarding the topic or would love to give feedback, please use the comment option below.
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