What is the Payoneer gateway and how does it function?

The Payoneer gateway is a payment solution that allows businesses and professionals to send and receive cross-border payments. It’s a secure and efficient method for transferring money internationally. Payoneer provides a platform where you can create a virtual bank account in a foreign country, which allows you to receive payments in that country’s currency. Once the money is in your Payoneer account, you can then transfer it to your local bank account or use the Payoneer MasterCard to withdraw cash from ATMs worldwide. Payoneer also offers a billing service, which allows you to request payments from your clients directly. It’s a popular choice among freelancers, eCommerce businesses, and companies that outsource their work globally.