Does Payoneer work in India?
Yes, Payoneer does indeed work 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 and widely accepted payment system in India, used by freelancers, professionals, and businesses for international transactions. It allows users to transfer money to their local bank accounts in more than 150 different currencies. However, it’s important to note that while Payoneer is operational in India, it does have certain limitations due to regulatory restrictions by the Reserve Bank of India. For instance, personal payments cannot be received by an individual, only business-related payments are allowed.