Payoneer is a financial services company that provides online money transfer and digital payment services. Payoneer's mobile banking platform offers a convenient way for freelancers, online sellers, and small businesses to receive and manage payments from anywhere in the world. Through its mobile app, users can quickly access their funds, view transaction history, and keep track of earnings.
The app supports multiple currencies, giving users the flexibility to get paid in different currencies and withdraw funds to their local bank account or at ATMs worldwide with the Payoneer card. Additionally, Payoneer often caters to professionals who need to invoice international clients, offering a range of tools and services to facilitate cross-border payments, including billing services and currency conversion at competitive rates.
Payoneer places a strong emphasis on security and compliance, utilizing advanced encryption and fraud-monitoring technologies to protect users' funds and personal information. The platform is designed to be user-friendly, offering a seamless setup process and customer support to assist users with any concerns or questions they may have.
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Payoneer account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Payoneer is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Payoneer doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Payoneer is the low (or no!) fees. Payoneer has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Payoneer offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Payoneer = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Payoneer everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.