In today’s world, everything seems to be connected virtually. Most work are being done online. Some people work as freelancers. Some sell products globally. Some merchants even run their businesses with international clients.
However, the major challenge for these people is the easiest way of getting paid irrespective of where they’re.
We all know that regular banks can be slow and expensive especially when it comes to sending money to other countries. This is where payment platforms try to help out. Online payment sites make sending and receiving money in many parts of the country quicker, cheaper and easier.
Forget about the stress of international transactions and its currency rules. These platforms are simply made just to make life better for us.
No matter where you or your clients’ lives, these platforms can make paying and getting paid simple for you. One of them is Payoneer.
Payoneer helps a lot of people and including small business owners in over200 Payoneer Supported Countries around the world to handle their money properly. It’s one of the reasons why people can work for clients in the Africa, Europe, Canada, U.S.A or Asia, and still get paid easily in their home country, like France.
Payoneer partners with many reputable online brands, like Amazon and Upwork which makes it easier for you to receive your earnings from them.
As a student doing a freelance job to support my studies. Having a Payoneer account is a simple way of having multiple accounts in U.S., European or Asian bank account number despite not being a resident of these countries. This will make me become more comfortable with my client’s cultural practices because its another way of learning people’s way of life including how to run business successfully in different part of the world. Transaction and exchange rate fees are nothing to worry over because Payoneer handles everything perfectly.
You can always move your money from your Payoneer account straight to your local bank account. You can also use a Payoneer card to take your cash out from an Automated Teller Machine.
In addition, if you want to sell your art work to someone in Korea. Or write a new business proposal for a company in the United States of America. Payoneer platform is there to help you connect your work to any part of the world. With this, it makes the world feel small and payments fast due to its simplicity.
What is Payoneer?
Payoneer is an online financial payment platform that assists freelancers, online vendors and small businesses to send and receive money in any part of the world.
Why should I use Payoneer?
- You can use Payoneer for international payments. Using this platform, you can get paid by clients all over the 200 Payoneer Supported Countries.
- Payoneer gives you an edge over other payment platforms. You can own several local accounts like a Canadian bank account number and more. This lets your international clients pay you in the local bank account, which is cheaper and faster for them.
- You can easily receive your money from popular online markets like Amazon and Fiverr.
- Transfer of money from your Payoneer account to your local bank account in your home currency can be done easily.
- With Payoneer prepaid debit card, you can send money, shop online and withdrawal cash at ATM’s anywhere in the world.
- You can send money to your suppliers or workers in other countries quickly.
How Payoneer Works
Payoneer is a very simple system that links your hard-earned money gotten from a business deal to your bank account. Where your client or customer is in the world does not matter.
Here is how it works:
- Create a free Payoneer account on their site. It’s like an online wallet.
- As a registered user, Payoneer will give you different account numbers for different currencies like U.S. Dollars, Canadian Dollar, Japanese Yen or Euros. Use these account numbers to get paid from your clients irrespective of which country they live in.
- If you sell items on Amazon or do certain job on Upwork, make Payoneer your pay point. And you’ll receive your money directly to your Payoneer account.
- The money in your Payoneer account is secure. Viewing of your balance and managing of funds online can be done easily.
- There’re two ways you can use your money. The first one is through bank transfers. You can transfer funds from your Payoneer account to your personal local bank account in your home country’s currency. Second one is the Payoneer card which is optional. You may use or decide not to use it. With Payoneer prepaid Mastercard, you can shop online, buy from physical stores or withdrawal cash just as you would with the normal bank cards.
List of Payoneeris Supported Countries:
- Africa: Algeria, Botswana, Cameroon, Egypt, Ghana, Kenya, Morocco, Nigeria, South Africa, Tanzania and Uganda.
- Asia: Bangladesh, China, Hong Kong, India, Indonesia, Japan, Pakistan, Philippines, Singapore, South Korea and Vietnam.
- Europe: Austria, Belgium, France, Germany, Greece, Italy, Netherlands, Poland, Spain, United Kingdom and Ukraine.
- Americas: Argentina, Brazil, Canada, Chile, Colombia, Dominican Republic, Mexico, Peru, United States and Uruguay.
- Oceania: Australia, Fiji, New Zealand and Papua New Guinea.
List of Payoneer Supported States in the USA:
Payoneer functions perfectly well in every U.S.A. states. Payoneer has the complete legal documents and licenses it should have. People in places like California, Atlanta, Georgia, New York, Texas, Florida and the rest can send and receive money in every state in the country
Nearby locations like: Washington D.C., Puerto Rico and the U.S. Virgin Islands can also use Payoneer for personal or business transactions.
So, if you live in any U.S. state, you can use Payoneer to get paid by people in other countries and transfer the money to your local American bank account. You can also use it to send money to other countries that accept payment through Payoneer.
Payoneer Alternative Platforms:
- PayPal
- Wise
- Stripe
- Airwallex
- Skrill and Neteller
Conclusion
Payoneer is an important and simple site for people who wants to send or receive money all over the world. It helps freelancers and small businesses including students working remotely to get paid easily from clients in different countries and currencies. You can choose to save yourself from the stress that comes with making transactions using the regular bank including the high transfer and exchange fees and use Payoneer platform instead.
Payoneer helps you work with people worldwide just like the way you’re working with many people within your local region.
However, don’t forget that this platform is just for Payoneer supported countries only.