What is a Payoneer merchant account?

A Payoneer merchant account is a type of account offered by Payoneer, a financial services company that provides online money transfer and digital payment services. This account allows businesses to receive payments from customers worldwide. It’s particularly beneficial for e-commerce businesses, freelancers, and professionals who offer services or products to international clients. With a Payoneer merchant account, you can accept payments in multiple currencies and from various payment methods, including credit cards and local bank transfers. The funds received can be easily withdrawn to your local bank account or used to make online purchases.