Payoneer is an online platform you can use to receive your payment from clients worldwide. It offers safe encryption with customer protection to keep your transactions secure. With your Payoneer account, you can do a lot of things online.
Is Payoneer Safe to Use?
Although it is a legit website, but you cannot rule out the possibility of a data breach. The best way to safeguard your account is by using a secure laptop/phone to login. And also, avoid sharing your account information with a third party.
In this article, I will explain everything you need to know about Payoneer, how to use it to receive your Amazon royalty, how to use it to receive payment across various freelance platforms, etc
Let’s get started
How to Set Up A Payoneer Account
The first thing to do is to set up your Payoneer Account. To do that,
- Go to www.payoneer.com . Click on “Register”
- Select the type of account you want.
- Fill the Payoneer form.
- Click on submit.
That’s it; you have successfully registered your Payoneer account. However, you might be required to verify your email and identity. So, use your correct details when opening your account.
After you have successfully signed up, go back and login to your account. After signing in, you will see the account page.
In the account page, you will see the following;
Activity
It contains details of your activities. When you click on the dropdown, you will see;
Transactions; Which shows your transactions.
Payment request sent: This shows the number of payment requests sent.
Funding source: Which shows the online freelance platforms linked to your Payoneer. If you linked your account to Amazon, you would see Amazon as a funding source.
Receive
Here you will see;
Request A Payment: This is where you send your international client payment request to pay you.
Global Payment Service: This is very important for your Amazon payment setup. It is where you will get your bank account details.
Pay
It is where you make a payment to different categories of people.
You can send payment to a recipient’s Payoneer account (That is from your Payoneer account to another Payoneer account).
You can send payment to a recipient’s bank account (From your Payoneer account to someone’s bank account).
Pay for your Amazon Advertising invoice: If you are running an amazon advert, Payoneer gives you the option of paying your invoice from your Payoneer account.
Withdraw
It gives you the option to withdraw
DIFFERENT THINGS YOU CAN USE YOUR PAYONEER ACCOUNT TO DO
How to Use Payoneer Account to receive Amazon Book royalties
Login and;
- Click on “Receive” at the top of the page
- Click on Global Payment Service.
- Under approved accounts, View details under USA
- Copy the details you need and paste it on your amazon payment page.
Also, Read Amazon KDP Account : 3 Step by Step Guide on How to Set Up KDP Account as a Beginner
How to Order for Payoneer Mastercard
Go to Settings at the top right corner of the page
- Click the dropdown and open “Payoneer Card“
- Fill in your details and submit. Payoneer will ship your card to your address within a few days.
NOTE: Always use your real address when creating your account so that your card will not be lost in transit.
How to Add Bank Account to Payoneer
Go to the setting.
- Click on “bank account” and add your bank account or the recipient’s bank account.
How to Withdraw from Payoneer to Bank Account
Go to withdraw at the top.
- Click on “bank account” and fill in your bank details. Payoneer will process your withdrawal within five (5) working days.
How to Use Payoneer to Order for goods online
Go to the store you want to purchase something from.
- Select Mastercard as a means of payment
- Key in your Payoneer card details (You will need your card to purchase things online).
How to Make a payment from one Payoneer to Another
Go to “pay” at the top
- Click on “Make payment”
- Use any option you want
- Add the recipient’s email, amount, and send payment.
NOTE: Before your “Make payment option is activated, you must have received a minimum of $200 from any global payment services. That is from any freelance platform like; Fiverr, Upwork, Amazon, etc.
How to Request for Payment from A client
Go to “Receive” at the top.
- Click on request a payment.
- Fill in your invoice and send it. The person will see the invoice and pay you.
NOTE: Before you can request a payment, you must have received a minimum of $5000 in your Payoneer account.
How to receive Payment from freelance platforms like Fiverr, Upwork to Payoneer Account
Go to the freelance platform you want to receive payment from,
- Select Payoneer as a means of payment
- Fill in your details
- Your freelance account will be connected to your Payoneer account
To confirm if it is connected,
- Go to activity – funding sources. You will see the freelance platforms connected to your Payoneer account.
There are other things like verification center, profile setting, security setting. All these can be found in the “setting” page.
Payoneer pricing
Payoneer charges a withdrawal fee. Click HERE to read more about Payoneer pricing
Payoneer Customer Service
Click HERE to contact Payoneer customer care rep. You can send them an email, call, or live chat.
What is the Minimum Amount you can send with Payoneer?
The minimum amount you can send with Payoneer is $50.
My Payoneer review
It is one of the fastest means of sending and receiving money online. There customer care response is also very excellent. In terms of security, they make sure that all your dealing is safe.
Recently, there was a little issue with their MasterCard issuing company, which has been rectified.
The slight issue brought about new changes. Customers can now keep their funds in their virtual account or move it to their card.
And the amazing thing about Payoneer is that you can use your Payoneer account to receive money in different currencies and convert it to another currency and withdraw. For example, you can receive cash in euro and convert it to dollar in the platform and withdraw it to your bank account.
Final Words
Payoneer has grown to be a reliable platform for anyone to use to receive payment or make payment online. It is a platform that is growing. If you are into any form of online business, you can open your Payoneer account. It will help you a lot.
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