PayPal is a secured way to make payment or receive money online. It is a common payment method used by many online companies or businesses for receiving money or making payment.
The SAD NEWS is that PayPal is not available in many countries in the world and this affect many freelancers or online business owners negatively.
Fortunately, PayPal is not the only electronic payment processor in the world. There is another powerful, legit and trusted Payment System that function exactly like PayPal.
This best PayPal alternative is known as Payoneer. It is available in more than 200 countries, therefore any freelancer or online businessman can use it to receive payment.
Payoneer is the best alternative to PayPal. It is a legit and safe way to send and receive cross-border payments. Payoneer Account can be used to make online purchase, withdraw money via ATM’s and local bank transfer. It’s very simple to use and has low charges for transactions.
Payoneer makes it easy for online business owners or freelancers get paid to their local banks in over 200 countries.
REQUIREMENTS FOR CREATING AN ACCOUNT AT PAYONEER
Before you register for Payoneer Account,
- Ensure that you are 18 years old or older.
- Make sure you have a Local Bank Account which would be used to connect your Payoneer Account for withdrawal
- You must have a National Identity Card, Passport, Driving License or Voters ID for creating a Payoneer Account.
HOW TO SIGN UP FOR PAYONEER ACCOUNT
- Visit Payoneer registration page here and receive $35 to $50 bonus for Account Creation
- Now, click on sign up
- Fill in the sign-up form with accurate details such as E-mail address, village address and Bank Account Details.
- Submit your registration form and wait for 3 to 4 days. Your application will be reviewed and you will be informed about the status of your account.
Once your account is approved, you’ll be able to log in and manage your account.
DON’TS
Don’t create two or more accounts with the same name, Payoneer will not allow creation of multiple accounts.
How to withdraw money from Payoneer Account?
There are two major ways to withdraw money from Payoneer
- Payoneer Bank Transfer: You can withdraw funds from Payoneer through local Bank Transfers. It is very easy and convenient to withdraw to your Local Bank in your country.
With the Payoneer Bank transfer, you
can add up to 3 bank accounts to your Payoneer account which means you can
easily withdraw money from Payoneer using those bank accounts in your local
currencies.
Note: Withdrawal attracts small fees
as usual activity of financial institutions
2. 2. Payoneer Master Card
Withdrawal: You can also use Payoneer Master Card/ ATM Card to make withdrawal.
Before getting Payoneer Master Card, you must order for it and this can take
around 20 to 40 days before you receive it on your provided address.
I hope this above tips will help you get a verified Payoneer account for your financial transactions. Please ! If you have questions, don't hesitate to ask. Thank you.
Read also :
HOW TO LINK PAYPAL ACCOUNT TO PAYONEER ACCOUNT FOR EASY WITHDRAWAL
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