Why should I use only one Payoneer card?
Have multiple partner accounts linked to a single card? Here’s what you should know.
If you’re a member of more than one of the partner/affiliate programs that payout via Payoneer, odds are that you elected to merge your accounts onto a single Payoneer card. If you haven’t because you’re unsure how, keep reading 😉
Payoneer has many partner and affiliate programs, in markets and industries ranging from small businesses, MLM, freelance, affiliate networks, travel companies, and more. If you’re working and getting paid via Payoneer for one of these programs, it’s very likely that you’re working with another program offering Payoneer, or will be soon. If you’re applying for Payoneer for the second time (or more), make sure you take advantage of the ability to link your new account with an already existing Payoneer card.
Aside from being far more efficient and easier to manage, merging multiple accounts to the same Payoneer card allows you to greatly cut down on your usage fees. One Payoneer account means only one set of fees. Also, payments from your multiple partner/affiliate accounts will be loaded to the same Payoneer card, helping you cut down on any ATM or cash withdrawal fees (we all hate those).
I recently received some questions as to the finer details of how this works, and wanted to take a moment to address the more frequent questions. In regards to pricing and fees, as many of you know, Payoneer works closely with every partner and affiliate program to establish a unique set of pricing and fees which is more tailored to that program’s specific needs and requirements. What does that mean to you? Well, basically, not every program has the same set of fees.
When merging multiple accounts onto the same Payoneer card, pricing and fees will be determined by the original program you signed up with. This is also true for the services available to your account (including the Global Bank Transfer Service, card to card transfers, etc…). That being said, a common question has been whether or not there is some benefit in applying through one program over the other. The answer would be no, and that it all depends on you (the user).
Payoneer’s general pricing and fee structure is highly competitive and among the best available on the market today. When establishing a new partner program, we try and personalize that fee structure to the specific needs of that program and its users (as not everyone uses our services in the same way). So if you’re looking to make the most out of Payoneer’s services, just sign up with the program you’re most active on and the fee structure will already be most suited for your needs.
Questions? Feedback? Leave a comment below!