Last Updated on 3 years by Komolafe Bamidele

Payoneer Global Payment Service

Most blogger, Freelancer or Non-UK or Non-USA resident, or legal Residents Residing Aboard, maybe wonder why it’s very difficult to withdraw their Earnings from companies like Amazon or Fiverr aside of USD to their Payoneer account, also by default it’s only USA checking Bank account currency that is available to all Payoneer users in their Global Payment Service,

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Most find it difficult to withdraw their A in Euro, GBP and other currencies. If you full under such categories this article is for you.

Payoneer GLOBAL PAYMENT SERVICE Accept payments in USD, EUR, GBP, JPY, AUD, CAD & CNY etc Payoneer Generate bank accounts for almost all local banks currency.

Payoneer supported countries/currencies

The companies are able to provide their services to over 200 countries and territories so they both have coverage worldwide. Where ever there is an ATM or simply a bank, these companies can help you receive money. the Global Payment Service supports payments from commercial companies in the following regions:

==> United States (USD) / Transferred via ACH

==> Europe (EUR) / Transferred via SEPA

==> United Kingdom: England, Northern Ireland, Scotland, and Wales (GBP) / Transferred via BACS and FPS

==> Japan (JPY) / Transferred via Zengin

==> China (CNH) / Transferred via CNaps

==> Australia (AUD) / Transferred via Direct Entry (BECS)

==> Canada (CAD) / Transferred via EFT

How Payoneer handle payments processor

Payoneer’s Global Payment Service gives users access to receiving accounts in various countries, enabling them to receive money easily from clients and companies abroad. If you’re doing business in the EU and need to receive euros, Payoneer offers an EU receiving account which will allow you to do so easily.

Payoneer help individuals, freelancers, and small businesses outside the EU are global payment platforms such as Payoneer, which doesn’t involve opening an EU bank account at all. It provides a fast payment path between buyer and seller, across borders and currencies, with relatively simple setup, entirely online – no matter where you are located.

Both buyers and sellers can register themselves on the Payoneer service in a matter of hours, in some 200 countries worldwide, and be exchanged in a matter of days — for far less than the wire transfer fees or other tariffs charged by conventional banks.
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How to apply for Multiple Global payments services

Step #1. Locate the Payoneer Global Payment Service menu

Login into your Payoneer account dashboard Locate and Select Receive from the menu and then Global Payment Service.

Steps #2 choose Your Preferred Currencies

By default Payoneer always assigned USD checking bank account to you but Click the currency you want to add (EUR or GBP)

Steps #3 Apply for other bank Countries

On the preferred currency click on Request Now, then will redirect to
See all the list of currency US, UK, Europe, Canada, Australia, China and Japan

Steps #4 Fills and choose appropriate required information

Ensure to Mark the currencies you’d like to get paid in it is required, then select marketplaces are you currently selling your products note that this must be in line with the currency you are applying for

Steps: #5. Submit the application for approval

The last stage is to choose the total monthly sales volume, or the amount included to earn then click on apply to submit your application
Its normally take 7days before it’s approved.

Read more about AdMob
Payoneer Alternative: Transferwise Boaderless Payment Gateway Solution For International Money Transfers.

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