Does Payoneer require a bank account?

Yes, Payoneer does require a bank account for the initial setup. When you sign up for Payoneer, you’ll need to link it to a bank account where you can withdraw your funds. However, once your account is set up, you can receive payments directly to your Payoneer account and use those funds via a Payoneer Mastercard or transfer them to another Payoneer account. It’s important to note that the requirement of a bank account may vary depending on your country of residence and the specific services you wish to use.