What are the differences between Payoneer Individual and Company accounts?
Payoneer offers two types of accounts: Individual and Company. The Individual account is designed for freelancers, online sellers, and service providers who want to receive payments from international clients. The Company account, on the other hand, is designed for businesses that need to pay multiple beneficiaries or employees worldwide. Both accounts offer the same basic features such as the ability to receive and withdraw funds, but the Company account provides additional features like mass payout options and a multi-user access feature. It’s important to note that the fees may vary between the two types of accounts, so it’s recommended to check Payoneer’s official website for the most accurate and up-to-date information.