How does Payoneer work in Nigeria?

Payoneer is a financial services company that provides online money transfer, digital payment services, and provides customers with working capital. In Nigeria, Payoneer operates in a similar manner as it does globally. To use Payoneer in Nigeria, you first need to create a Payoneer account on their website. After your account is approved, you can receive payments from companies worldwide. You can also use your Payoneer account to pay for services and products online. Payoneer provides you with a US bank account where you can receive payments in USD. Once the money is in your Payoneer account, you can withdraw it to your local bank account in Nigeria. The conversion rate is competitive and the transaction fees are minimal. Payoneer also offers a Prepaid MasterCard that you can use to make purchases or withdraw cash from ATMs worldwide.