How does a Payoneer virtual card work?
The Payoneer virtual card operates similarly to a physical debit or credit card, but it exists only in a digital format. It’s a prepaid card that you can use for online transactions, including online shopping and payments. Once you’ve signed up for a Payoneer account, you can apply for a virtual card. You’ll need to load money onto the card before you can use it. The card can be loaded from your Payoneer balance, or through a bank transfer. Once the card is loaded, you can use it to make purchases online wherever MasterCard is accepted. It’s a safe and convenient way to make payments online, especially for freelancers and businesses that deal with international transactions. The card also comes with a card number, expiration date, and CVV just like a physical card, which you’ll use when making your online transactions.