What is Payoneer and how does its online payment system work?

Payoneer is a financial services company that provides online money transfer, digital payment services, and provides customers with working capital. The online payment system of Payoneer is designed to facilitate the process of sending and receiving money across borders. It’s particularly popular among freelancers, eCommerce business owners, and digital marketers due to its ease of use and competitive fees. Users can receive payments in multiple currencies and withdraw the funds to their local bank account or a prepaid MasterCard issued by Payoneer. The company also offers services like billing service, mass payout, and integrated payments for businesses.