How does Payoneer operate in South Africa?

Payoneer is a financial services company that provides online money transfer, digital payment services, and provides customers with working capital. In South Africa, Payoneer operates in a similar way as it does in other countries. Users can sign up for a Payoneer account for free. Once the account is set up, users can receive payments from companies worldwide. Payoneer also offers a Prepaid MasterCard that can be used at ATMs, in stores, and online anywhere MasterCard is accepted. Users can also transfer money from their Payoneer account to their local bank account. Payoneer charges a small fee for these services. It’s a popular payment solution for freelancers, professionals, and businesses in South Africa due to its ease of use, security, and fast transaction times.