Payoneer

Payoneer is a comprehensive online payment platform that facilitates cross-border payments for businesses, freelancers, and individuals worldwide. Founded in 2005, Payoneer has rapidly grown to serve millions of users in over 200 countries. The platform provides businesses with seamless access to international transactions by enabling them to receive and send payments in multiple currencies through their global payment service. Payoneer also offers additional financial tools such as prepaid Mastercard cards, bank withdrawals, and mass payout options, making it a highly versatile platform for managing international finances.

Payoneer is commonly used by freelancers, online sellers, affiliate marketers, and companies that work with remote talent across the globe. It’s an efficient and secure alternative to traditional banks for managing global payments.

Key Features

• Global Payment Service: Receive payments from companies worldwide in multiple currencies, including USD, EUR, GBP, JPY, and more.
• Prepaid Mastercard: Access your Payoneer funds via a prepaid Mastercard that you can use for online and offline transactions.
• Mass Payouts: Send mass payments to multiple recipients at once, making it ideal for businesses managing remote employees or contractors.
• Bank Transfers: Withdraw funds to local bank accounts in over 150 countries with competitive exchange rates.
• Integrated Marketplaces: Compatible with platforms like Amazon, Fiverr, Upwork, and eBay, allowing sellers and freelancers to receive payments directly.
• Flexible Currency Conversion: Convert funds between different currencies at low exchange rates.
• Mobile App: Manage your Payoneer account, send payments, and access transaction history through the mobile app for added convenience.
• Invoicing: Easily create and send invoices to clients, enabling streamlined payment processes.
• 24/7 Customer Support: Access global customer service anytime to resolve issues or answer questions.
• Compliance & Security: Adheres to financial regulations globally, ensuring secure and compliant transactions.

Use Cases

• Freelancers and Remote Workers:
  • Ideal for freelancers working with international clients, enabling quick and secure receipt of payments.
• E-commerce Sellers:
  • Suitable for online sellers on platforms like Amazon or eBay, allowing them to manage global sales and earnings.
• Affiliate Marketers:
  • Provides a secure and efficient way to receive commissions from affiliate programs worldwide.
• Businesses with International Contractors:
  • Simplifies the payment process for companies paying employees and contractors in different countries.
• Cross-Border Transactions:
  • Efficient for any individual or business requiring cross-border payment services.

Pricing Plans

Payoneer has flexible fee structures based on the type of transaction:

• Receiving Payments: From $0 to 1% for receiving funds from marketplaces or networks.
• Currency Conversion: 0.5% above the mid-market rate for converting funds between currencies.
• Bank Withdrawals: Variable fees depending on the destination country and currency.
• Prepaid Mastercard Fees: A small annual fee applies for using the Payoneer Mastercard.

Screenshots & Demo

Explore Payoneer’s user interface and learn more about its features through interactive screenshots and demos.