What are the differences between Payoneer business and personal accounts?
Payoneer offers two types of accounts: Personal and Business. A Personal account is designed for freelancers and professionals who need to receive payments from international clients. It allows you to receive and withdraw funds in your local currency. A Business account, on the other hand, is designed for businesses that need to make payments to multiple recipients. It offers mass payout services, enabling businesses to pay multiple beneficiaries in one go. Both types of accounts offer the ability to receive payments from marketplaces and direct clients, but the Business account provides additional features like API integration for automated payments and a multi-currency account for receiving payments in different currencies.