How does a Payoneer card work?

The Payoneer card operates as a prepaid MasterCard that allows you to receive and withdraw funds from any ATM worldwide that accepts MasterCard. The process begins with you signing up for a Payoneer account. Once approved, you’ll receive a Payoneer card in the mail. You can then link this card to your online marketplaces or clients who pay via Payoneer. When you receive payments, the funds are loaded onto your Payoneer card. You can then use the card to make purchases online, in stores, or withdraw cash at ATMs. The card also allows you to make transactions in different currencies, making it a great tool for freelancers and businesses that deal with international clients. It’s important to note that there are fees associated with using the Payoneer card, such as annual maintenance fees, withdrawal fees, and currency conversion fees.