How long it usually takes to get access to your money earned on PayPal when using commercial banks in your country? 2 months? 3 months?!.. After requesting a cheque at a cost of US$5.00, which is usually approved within 4-6 business days, it takes about 45 days for the cheque to be mailed to you. It then takes the bank 1 month to cash an international cheque, which must be deposited into an account.
Many international businesses need to open a U.S. business bank accounts to make doing business with U.S. customers more convenient and to avoid the hassle of foreign currency and exchange rates.
How would you like to bring those months wait down to 3 days? With US$ 0.00 PayPal fees?? This is where Payoneer comes in!
Payoneer is an Internet-based financial services business that allows users to transfer money and receive payments through re-loadable prepaid MasterCard debit cards.You will understand, with Payoneer, no more barriers for international money transfers! What you get is an internationally recognized debit card and an account number with routing and ABA numbers.
A simple scanned copy of your of identity (national identity card, driving license or passport) is sufficient to obtain a prepaid Payoneer.
The Payoneer card offers many advantages that make it one of the best prepaid MasterCard right now:
- Ability to view balance and transaction history through 7/24 on your online account (including Android / iOS applications).
- A technical staff at your service by live chat, phone and email, available in several languages free of charge.
- Payments can be issued up to 2 hours or standard time (optional).
- Payoneer uses the US Dollar as currency, which is very advantageous.
- Possibility to use the Payoneer debit card online and offline, and withdraw cash through ATMs worldwide.
- Easy activation of the card.
- Card accepted in 210 countries worldwide.
This card allows a total limit of $ 10,000. The daily spending limit is $ 5,000. A limit of daily cash withdrawal, both with ATMs at the bank office, is set at $ 2,500.
Whio can have a Payoneer Prepaid MasterCard®?
To request a Payoneer Prepaid MasterCard® with the Company Payoneer, you must have at least 18 years. You do not need to have a bank account before you make your request. However, an individual may have only one valid Payoneer MasterCard. The only official card holder is the person in whose name it was issued and whose name is printed on the card.
Emission time and cost of delivery of the prepaid credit card Payoneer:
The Payoneer Prepaid MasterCard® Prepaid Card is issued within 2 working days after confirmation of your order, which will be notified by email. Your card will be shipped upon issuance for you to dispose of it as soon as possible. Shipping is by regular mail and approximate waiting period can range from 12-35 days depending on the operation of postal services.
You pay nothing for delivery, it's free!
How to request and set up a Payoneer prepaid MasterCard :
Step 1: Sign up for your Payoneer account at the link :
That’s an affiliate link that gives us both $25 when you load your first $100 to your cardThey will then review the information provided. Once your application is approved, Payoneer will mail you a MasterCard prepaid debit card. They will also provide and estimated date of arrival (about a month’s time) and this is usually accurate.
Step 2: You will get an email requesting confirmation of your identity using a scan/photograph of your passport, driver’s license or national ID. Go ahead and fill those in. Without it, you will not be able to use the US Payment Service.
Step 3: Once you get the card, activate it by logging into your account and inputting the card information and PIN.
How to link your Payoneer with Paypal :
PayPal doesn’t play nicely with Payoneer, so when you call, just tell them you’re adding a Bank of America account, not a Payoneer one. (It won’t work otherwise!)Log into PayPal (I’m assuming you already have an account, if not, set one up), click on '' Profile '', select '' Add/Edit Bank Account ''. Input the information from the US Payment Profile page of your Payoneer account (bank name, account number, routing number and account type). PayPal has indicated that they sometimes have some issues here, so if it doesn’t go through, don’t panic, just call PayPal and a customer service agent will help you.
See how to call them for FREE in How to Make Free Calls Via Skype
Initiate a transfer from PayPal to Payoneer. You will get a notification from PayPal once the transfer has been made, typically after 2-3 days. That’s it! Your money is now on your card, which can be used at any ATM or point-of-sale location which accepts MasterCard worldwide.
Setup is FREE. There are no costs to apply or receive your card. There is an annual fee of US$29.95 deducted from the available balance each year. You should expect the first deduction to be made from your first transfer.
Good luck & share your opinion in comments below :)