Payoneer is a leading cross-border payment platform designed for freelancers, remote workers, e-commerce sellers, and businesses. Founded in 2005, it enables users to receive international payments in multiple currencies, send funds globally, withdraw to local bank accounts, and pay suppliers or contractors with ease.
With Payoneer, you can get virtual bank accounts in USD, EUR, GBP, and other currencies, making it easier to get paid from marketplaces like Amazon, Upwork, Fiverr, Airbnb, and more — all while avoiding high international wire fees.
Quick Review Summary:
Founded: 2005
Headquarters: New York, USA
Currencies Supported: 150+
Best For: Freelancers, marketplaces, and global businesses
Rating: ⭐ 4.7/5
In-Depth Review of Payoneer
Receive Payments Globally
Get paid from clients or companies in USD, EUR, GBP, JPY, AUD, CAD, and more using virtual bank accounts.Marketplace Integration
Works seamlessly with platforms like Amazon, Fiverr, Upwork, Wish, Shopee, Airbnb, Toptal, and more.Mass Payout Solutions
Great for businesses sending bulk payments to contractors, vendors, or partners globally.Payoneer Card
Use your funds directly through a prepaid Mastercard for online/offline purchases and ATM withdrawals.Withdraw to Local Bank
Transfer earnings to your bank account in over 190+ countries in your local currency.Request a Payment
Send professional invoices and get paid by international clients efficiently.
Who Uses Payoneer?
Freelancers on Upwork, Fiverr, PeoplePerHour
Amazon & eBay sellers receiving global payments
Small businesses managing international vendors
Remote teams receiving bulk payroll
Digital nomads accessing local currency abroad
Multiple currency receiving accounts
Accept payments from leading freelance platforms
Fast and secure fund transfers
Easy withdrawals to local bank accounts
Business invoicing and client billing features
Global Mastercard option for spending
Fees for currency conversion can be high
Customer support can be slow at times
Card issuance not available in all countries
Account verifications can take time
User Testimonials:
Frequently Asked Questions (FAQs)
1. Is Payoneer safe to use?
Yes. Payoneer is a licensed financial service provider and uses industry-standard encryption and fraud protection.
2. Can I receive USD or EUR payments?
Yes. Payoneer provides you with receiving accounts in multiple currencies like USD, EUR, GBP, AUD, and more.
3. Can I use Payoneer without a bank account?
Yes, you can use a Payoneer Mastercard to spend directly, though having a local bank helps in fund withdrawals.
4. What fees does Payoneer charge?
Fees vary depending on the payment method, currency conversion, and card usage. Receiving payments from partners is usually free.
5. Is Payoneer available in my country?
Payoneer supports over 190 countries. You can check availability by signing up on their site.
6. How long does it take to withdraw money to my bank?
Typically 1–3 business days, depending on the currency and country.
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