How does Payoneer work?

Payoneer is a financial services company that provides online money transfer, digital payment services, and provides customers with working capital. Here’s how it works: First, you need to create a Payoneer account. Once your account is approved, you can receive payments from companies worldwide. You can also request a payment from any company or individual, regardless of whether they have a Payoneer account or not. Once the money is in your Payoneer account, you can transfer it to your local bank account or use the Payoneer MasterCard to withdraw cash from ATMs worldwide. Payoneer also allows you to make payments to suppliers and contractors directly from your Payoneer balance. It’s a versatile tool for managing online transactions, especially for freelancers, eCommerce business owners, and digital marketers.