Free Reloadable MasterCard Debit Card by
Payoneer + $25 Bonus
Before knowing why people, particularly those who love to
engage in online transactions, should use Payoneer, it is
only fitting to know first what Payoneer is. Payoneer is
similar to PayPal and Moneybookers in the sense that it is a
payment processor used internationally. The service
guarantees secure, safe, fast, and convenient online payment
transactions for less. This service is a hit among
international freelancers and even for local netizens who
get their income online.
How does Payoneer work?
Payoneer account holders automatically get a prepaid
MasterCard, which functions like any other prepaid debit
card with the MasterCard branding. Moreover, an account
holder also gets an online card account connected to the
MasterCard. The online account can be used by account
holders to view their account balance and the history of
their transactions. They can also manage their account and
personal details on the online account.
So, how can account holders use the Payoneer MasterCard
debit card? They can receive payments from anyone who also
has a Visa or MasterCard account, and that includes anyone
from any part of the world. This service does come with a
processing fee, though. This should not be surprising since
other payment processors also charge fees for their
services. With Payoneer, a single credit card payment has a
maximum load amount of $1,000.
Payoneer and PayPal verification
Payoneer works as well for those who want to verify their
PayPal accounts, but do not have a bank account or credit
card. Since PayPal does not issue cards to users outside the
US, but at the same time requires all account holders to
verify their account, having a Payoneer account (with the
MasterCard debit card) is a very convenient option.
ACH/Direct Deposits for commissions, royalties, and online
payouts from US companies
Payoneer also provides convenience as account holders can
receive direct deposit payments from companies like Amazon
and PayPal. This has been made possible through the US
Payment Service feature of Payoneer.
As with the other services, Payoneer charges a reasonable
transfer fee of 1% of the total amount received. On the
other hand, account holders can also get online payments
from partners of Payoneer like oDesk and Elance. This
transfer can be done for free and takes at most a couple of
days to execute. Payoneer account holders who want to
expedite the transfer and receive their money within three
hours maximum after the request will be charged $2.50.
Spending and withdrawals with Payoneer
As for the Payoneer card, as great as it is for online
transactions, it can also be used in brick-and-mortar shops
that accept MasterCard. Cash withdrawals can be done
anywhere and account holders can receive amounts in local
currency through ATMs, with a $3 ATM cash withdrawal
The global acceptance of the Payoneer MasterCard card and
the flexibility of the currency (either US dollar or local
currency with automatic exchange) are plus points for
Payoneer. Moreover, the convenience and security of
transfers from PayPal and other major US partners make it a
must-have for anyone earning money online.
Get your Payoneer card + free $25 signup bonus
Payoneer is offering new cardholders $25 added to their
account for free when they sign up through the
Refer-a-Friend promotion. Apply for your card via the link
below to qualify for your bonus.
Payoneer vs. Paypal Fees In Comparison
Both Payoneer and PayPal have their own individual set of
fees that set them apart from each other. This can be a good
thing and a bad thing in different ways. It all depends on
your unique payment needs and circumstances. Nonetheless,
fees are what they are and you have to pay them if you want
to use your money.
PayPal transactions are always free whenever you buy
something or send money to someone in the United States.
PayPal is also free of charge when it comes to transferring
money in the United States whenever it is done from a bank
account or existing Paypal balance.
Now if money needs to be sent abroad to family, friends, or
businesses, PayPal will charge 2.9% of the total balance
that is sent plus 0.30 cents per transaction that is sent.
PayPal Merchant Fees do vary and are usually charged on a
monthly basis. If you get a PayPal Standard Account, there
are no monthly fees. PayPal Payments Advanced charges $5 per
month and PayPal Payments Pro charges $30 per month in fees.
Payoneer is also fee-based and the fees do vary between
certain countries (non-standard and slightly higher fees
apply to countries such as India). An ATM cash withdrawal
charge is $3, no matter where in the world you are
withdrawing from. If an ATM withdrawal or Point-of-Sale
transaction is declined, the charge is $0.90.
If you sign up with Payoneer directly - that is, not through
a partner such as Elance or oDesk - there is an
annual fee of $29.95 for use of the card, with no monthly
When paying for goods or services with your Payoneer prepaid
MasterCard debit, there is no charge or fee - it simply
deducts the amount you paid from your card balance.
If you are using Payoneer in conjunction with a Payoneer
Partner (Elance, oDesk, MediaWhiz, and many more), you will
be able to receive payments from that partner with no extra
charge (note: this applies to most, although not all partner
Interested in learning more about Payoneer's prepaid card
for getting paid online? Check out this Payoneer review to
find out if it's for you.
You can also sign up with Payoneer directly to get your free
Payoneer prepaid debit card (MasterCard).
Get Your Free Payoneer Card
Free Reloadable MasterCard Debit Card by Payoneer: Details &
Fees + $25 Bonus
Discover what Payoneer's prepaid MasterCard debit card can
do for you - easily receive earnings from Amazon, PayPal,
ClickBank, and 60+ US corporations.
Sign up here for
your free card and $25 bonus.
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