What are the features and benefits of using Payoneer in Nigeria?

Payoneer is a financial services company that provides online money transfer, digital payment services and working capital to users worldwide. In Nigeria, Payoneer is a popular choice due to its ease of use, security, and low transaction fees. Users can receive payments from international clients, withdraw funds to a local bank account, and make payments to global suppliers. Payoneer also offers a Prepaid MasterCard that can be used for online transactions and ATM withdrawals. The platform supports multiple currencies, making it ideal for freelancers, online sellers, and businesses that deal with international clients. However, it’s important to note that while Payoneer offers many benefits, it also has its limitations. For instance, it does not support certain types of transactions such as personal remittances and some specific business categories.