Can Payoneer be used in India?

Yes, Payoneer can indeed be used in India. Payoneer is a financial services company that provides online money transfer, digital payment services and provides customers with working capital. It is a popular payment solution for freelancers and businesses, allowing them to receive and send international payments. However, it’s important to note that while you can receive payments in USD, EUR, GBP, JPY, AUD, CAD & CNY, you can only withdraw funds in your local currency, which is INR for India. Also, the Reserve Bank of India (RBI) regulations require all funds to be transferred to your bank account within 24 hours of receipt so you cannot hold funds in your Payoneer account.