Payoneer Bonuses for Startups and Freelancers

Payment service Payoneer is offering cash bonuses to startups and freelancers. The company has launched a promotion where participants can win cash prizes by accepting payments from clients through the platform. Let's take a closer look.

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Payoneer payment service capabilities

Payoneer is an international payment system founded in New York in 2005. In 2021, it became a public company.

The platform has approximately 4 million users in more than 200 countries. The service supports approximately 150 currencies.

Payoneer allows you to: The "Request Payment" feature makes it easy to work with American and European customers and receive transfers from them.

The service is actively used by sellers from Ukraine who earn money on Amazon, eBay, Cdiscount, Wish and other marketplaces, as well as companies that work with foreign partners.

With many Ukrainian entrepreneurs and freelancers now seeking opportunities to enter the international market, the issue of finding convenient ways to receive money from foreign clients is more relevant than ever.

Payoneer Virtual Currency Account

Registering an account with Payoneer and opening a virtual currency account is essentially an alternative to having a bank account in the US, Canada, UK and other countries.

This service allows you to withdraw funds to your Payoneer card (or a bank account linked to your account) from popular e-commerce marketplaces, freelance exchanges, CPA networks, and payment gateways:

• App Store
• Amazon
• Google
• Fiverr 
• TopTal
• Upwork
• 99Designs
• and many other platforms 

How to get Payoneer virtual details?

1. Register an account on the Payoneer platform
2. The application is processed within 2-5 days.
3. Then a virtual currency account is opened for the account owner.
4. It receives unique bank account details in USD, EUR, GBP, JPY, AUD & CAD

What can you do on the platform?

• Receive transfers to your personal account using a simplified scheme
• Withdraw money using any convenient method (for example, to a card)
• Generate bank details and issue invoices in foreign currency
• Pay suppliers, contractors, and counterparties for services, and any other business payments (to their Payoneer accounts—no commission)
• Withdraw your earnings legally

Your clients, located anywhere in the world, will be able to send you:

• cross-border bank transfers (credited within one day);
• Pay using ACH Bank Debit and bank card.

Payoneer account withdrawal terms

Funds can be withdrawn in two ways:

1. To the local currency account linked during registration
2. To a Payoneer card

Check

• You can withdraw funds from your Payoneer account to your account when it has at least $50 in it.
• The withdrawal fee is fixed at 2% (for companies with higher monthly income, it can be reduced: the more you earn, the lower the percentage)

Map

• You can withdraw any amount of cash from the card.
• Withdraw cash from ATMs anywhere in the world 
• Pay for goods and services
• The fee for each transaction is $3.15
• The card maintenance fee is $29.95 per year 

A convenient payment solution for IT companies

Payoneer is a versatile platform for international growth. It offers favorable payment terms for entrepreneurs (or freelancers) and their clients.

Thanks to the service's capabilities, you can offer your clients several convenient payment methods. You can also easily and quickly withdraw funds to a card or bank account.

Who in the IT industry uses Payoneer payment services?

• Digital specialists registered on Upwork, Fiverr, and other freelance platforms
• Software developers, including mobile applications for the App Store
• Representatives of the digital marketing industry

Upwork users

Ukrainian freelancers and remote workers most often use Payoneer accounts to withdraw money from Upwork. As of early 2022, the following withdrawal methods are available to freelancers in Ukraine:

If you are registered as a private entrepreneur, it is easier and more profitable to withdraw amounts of $1,000 or more directly to the sole proprietor's bank account.

For freelancers working without registration, Payoneer is the only available method for withdrawing money from Upwork.

Payoneer Ukraine Account Fees

Promotion from Payoneer 

Companies

Payoneer user can get$250 as a gift.To do this, more than $25K must be credited to the company's account within 6 months from the date of account registration.

Freelancers

Self-employed professionals can also get a nice salary$50 bonus. Condition —Within a year from the date of registration, you must receive transfers of more than $1,000 to your Payoneer account.

Conclusion

Payoneer offers the ability to effectively manage your digital business, quickly and profitably receive payments from clients worldwide, and withdraw earnings from freelance marketplaces.

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