How does the Payoneer-Tunecore payment system work?

Tunecore, a digital music distribution service, collaborates with Payoneer, a financial services company, to facilitate international payments. Artists using Tunecore can receive their earnings through Payoneer, which offers a flexible, secure, and low-cost solution for transferring funds. Once the artist’s earnings reach a certain threshold, Tunecore initiates a payment to the artist’s Payoneer account. The artist can then withdraw the funds to their local bank account or use the Payoneer MasterCard at ATMs and points of sale worldwide. The fees associated with these transactions depend on the artist’s location and the specific services used.