Payoneer account-Payoneer is a secure, regulated and reliable financial service provider which enable people to send and receive money online. Payoneer is based in New York and it has over 5million customers, more than 2000 employees and over 24 global offices.
From freelancers, bloggers and cross-border ecommerce merchants, Payoneer supports thousands of private clients and markets, improving the process and lowering costs while enabling quick and safe payments. Payoneer offers cards such as MasterCard and Visa to their users when they register and these cards can be used to make withdrawer from any ATM machine.
Due to the limitations PayPal has placed on some countries like Nigeria, Payoneer is the best alternative for Paypal for such individua or company who wants to send and receive money. Many multi-national companies such as Airbnb, Amazon, Fiverr and Google use Payoneer as the payment method.
Benefit of Payoneer
The following features has made bloggers, freelancers and business owners to adobt payoneer as their preferred payment platform
- Payoneer makes it simple for business owners to pay their staff.
- Support for several currencies
- There is easy integration with freelancing Platforms such as fiver and upwork
- Take payments in and withdraw money.
- Supported Devices: Web-based, iOS, and Android apps.
- Support Types: Online Chat and Phone Number.
Steps involved in creating a payoneer account
- Make available necessary requirement
- Getting Started
- Contact Details
- Security Details
- Payment Method
- Review in Progress
- Submit Documents
STEP 1: Necessary Requirement
Make available the following information and documents to get started
- Full Name
- Date of birth
- Full Residential Address
- Email Address and Phone number
- ID Card (scan copy of your identification card, both front and back)
- Bank Account Details
- IBAN number of Bank Account (this is found on Cheque book)
Note: Ensure that the information you provide is the same as the one on your ID card
STEP 2: Getting Started
This stage will involve 5 contact sages so, lets take it one after the other. Ensure all the option accurately to avoid difficulty in your account approval
Stage 1: Sign up stage
Click on the “Sign-Up and Earn $25”.
Stage 2: Select Freelancer or SMB
On this page you will see the following
- Freelancer or SMB
- Online Sellers
- Affliate Marketer
Select as per your requirement.
Stage 3. Select “get paid by international clients or freelance marketplaces”.
If you want to pay someone, then select Pay my service providers and suppliers.
Stage 4: Let’s find the right account for your needs
Select “Less than $5,000” under my monthly volume.
Stage 5: Registration
On this page the actual registration process begins. You will click on “Register”.
Step 3: Getting started
Select your business type (if it is not a registered business, select individual) and fill in your personal information below correctly. Ensure that your name and date of birth is the as that of your ID card. Enter the code given then click “Next”
Step 4: Contact Details
Select your country and ensure that the information you provided is the same as the one on your ID card. Enter your working and available Mobile number (Note: that this number will be used to receive verification code and also it will be used to retrieve your forgotten password). Enter the verification code you received with a 30 seconds time frame. Then click “Next”.
Step 5: Security Details
On the next page, you need to provide some security details. First of all, set your payoneer account password then provide your identity document information (i.e National ID, International passport, and driver’s license). Enter the given captcha code then click “Next”
Step 6: Payment Method
Provide the bank details to withdraw the Payoneer money (bank name, account name and number, account type, currency). Check the agree buttons and finally click “Submit button”.
Step 7: Review in Progress
This page is an indication that your application is successfully submitted. Your review process has started and will take and After 3 business days, you’ll receive an email confirmation of the review.
Step 8: Account verification
Now open your Gmail Account and you will see two new emails sent to you from payoneer. One is” Application Is Under Review” and the other one is “Verify Email Address”.
Stage 1: Verify Email Address”.
Open the verify email address and click “verify my email”.
Stage 2: Sign in to payoneer
Sign in to your Payoneer account using your email address and password then Click on your profile to take you to setting and then click “Settings”
On this new page click “Verification Center”.
Click on Account Verification and then click on Government Issued Photo ID. This might include government ID, passport, residence proof, driver’s license, electricity bill, and bank account verification.
Note: Before you submit, ensure that the documents are
- Not expired.
- clearly visible.
- One of this format JPG, PNG, GIF, TIFF, and PDF
- size less than 3MB.
- submitted separately In the case of multiple documents
Upload the documents and click the “Submit button”. A message saying the document successfully uploaded will appear on the screen and Within a few business days, you’ll receive an email saying, ‘Your Payoneer account is successfully approved.’