About Payoneer
Payoneer is a payments platform for businesses and freelancers who receive money from clients or marketplaces in other countries. It offers local-style accounts in several major currencies.
What it does
Payoneer lets a business receive payments from clients in many countries, hold balances in major currencies and send payments to suppliers or contractors. Clients can pay by card, bank debit or local bank transfer. The platform also connects with many online marketplaces, which helps sellers and service providers collect payouts in one account.
Key features
- Virtual accounts in major currencies
- Payment requests that clients can pay by card or bank
- Connections to online marketplaces
- Local bank transfers and card payments
- Payments to international contractors and suppliers
Who it's for
Freelancers, online sellers and small businesses that work with clients abroad are the usual users. Companies that pay international contractors also use it to send payouts.
Pricing and good to know
Fees for receiving and sending money vary by country and method, so check the fee schedule for your region before you use it. The service covers many countries, but some features depend on where your business is registered. Funds can be held in an account, so review the withdrawal options and any limits that apply to your account.
Highlights
- Hold balances in USD, EUR, GBP and other currencies
- Send payment requests that clients can pay by card or bank
- Connect to online marketplaces for payouts
- Pay international contractors and suppliers
- Manage payments across several business entities
