Payoneer is a financial services company that provides online money transfer and digital payment services. It offers individuals and businesses a convenient way to send and receive payments globally as a freelancer. Payoneer provides services such as cross-border payments, online billing, global money transfers, and prepaid Mastercard solutions. Especially it is very useful to receive money for freelancers worldwide.
With a Payoneer account, you can receive payments from international clients, marketplaces, affiliate networks, and companies worldwide. Payoneer allows you to withdraw funds to your local bank account, make payments to other Payoneer users, and use a prepaid Mastercard for online and offline transactions.
Payoneer is particularly popular among freelancers, online sellers, and digital service providers who work with international clients and need a secure and efficient method for receiving payments.
It's important to note that the availability of Payoneer's services may vary depending on your country of residence. The good news is Payoneer’s services available in Bangladesh.
How to Open a Payoneer Account as a Bangladeshi
To open a Payoneer account from Bangladesh, you can follow these steps:
1. Visit the Payoneer website: Go to the Payoneer website (www.payoneer.com) using a web browser.
2. Sign up for an account: Click on the "Sign Up" button on the homepage to start the registration process.
3. Provide your details: Fill in the required information, including your full name, email address, date of birth, and a secure password. Make sure to use accurate information.
4. Choose your account type: Select the account type that suits your needs. Payoneer offers options for individuals, businesses, and freelancers.
5. Provide your contact information: Enter your contact details, including your current residential address and phone number. Ensure that all the information is accurate and up to date.
6. Provide identification documents: Payoneer requires certain documents to verify your identity. You will need to upload a scanned copy of your national ID card, passport, or driving license. Follow the instructions to provide the necessary documents.
7. Complete the registration: Once you have provided all the required information and documents, review the terms and conditions, and click on the "Submit" or "Sign Up" button to complete the registration process.
8. Wait for verification: Payoneer will review your application and documents. This process may take a few business days. You will receive an email notification once your account is approved.
9. Activate your account: After approval, you will receive an email with instructions on how to activate your Payoneer account. Follow the provided instructions to activate your account.
10. Set up your payment methods: Once your account is active, you can log in to your Payoneer account and set up your preferred payment methods. This could include linking your bank account or applying for a Payoneer prepaid Mastercard. Payoneer is offering both physical and virtual Mastercard.
11. Start using your Payoneer account: Once your payment methods are set up and approved, you can start receiving payments or making transactions through your Payoneer account.
Remember to comply with all the terms and conditions and provide accurate information during registration. If you have any specific questions or need further assistance, it's recommended to contact Payoneer's customer support for guidance.
Benefits and Features of Payoneer Account
Opening a Payoneer account can offer several benefits, especially for individuals and businesses involved in international transactions. Here are some key benefits of having a Payoneer account:
1. Global payments: Payoneer allows you to receive payments from clients, marketplaces, and companies worldwide, making it easier to conduct cross-border transactions. It supports payments in multiple currencies, enabling you to receive funds in your local currency.
2. Efficient and secure transactions: Payoneer provides a secure platform for sending and receiving payments. It uses advanced encryption and security measures to protect your financial information. Additionally, Payoneer offers dispute resolution services, adding an extra layer of security for your transactions.
3. Flexible withdrawal options: With a Payoneer account, you can withdraw funds to your local bank account in your country's currency. This makes it convenient for accessing your funds and eliminates the need for complex currency conversions.
4. Prepaid Mastercard: Payoneer offers a prepaid Mastercard that you can use for online and offline purchases. The card is linked to your Payoneer account, allowing you to access your funds easily and make payments at any location that accepts Mastercard.
5. Integration with marketplaces and platforms: Payoneer has partnerships and integrations with various marketplaces, freelance platforms, and affiliate networks. This enables you to receive payments directly from these platforms, streamlining the payment process.
6. Lower fees: Payoneer's fees are generally competitive compared to traditional bank transfers or other payment solutions. It offers transparent pricing with different fee structures depending on the type of transactions you make. It's important to review the fee structure on the Payoneer website to understand the specific charges associated with your transactions.
7. Dedicated customer support: Payoneer provides customer support services to assist you with any account-related queries or issues. They have a support team that can be reached through email, phone, or live chat to provide guidance and assistance.
It's important to note that the availability of specific features and benefits may vary depending on your country of residence and the services offered by Payoneer in that region. Therefore, visiting the Payoneer website or contacting their customer support for detailed information about the benefits specific to your location is recommended. Let us know if you need any assistance.