Does Payoneer require an ID for account verification?

Yes, Payoneer does require an ID for account verification. This is a standard procedure for most financial institutions to ensure the security of transactions and to comply with international regulations. The ID verification process is straightforward. You will need to provide a government-issued ID such as a passport, driver’s license, or national ID card. The ID must be in English and should clearly show your full name, date of birth, and your photo. The ID verification process helps Payoneer maintain a high level of security and prevent fraudulent activities.