Using an online eWallet with Payoneer
An eWallet is a service that allows you to upload funds (or receive funds) into an account through a bank transfer, credit card, debit card, etc., and then use the funds stored in your account to make payments with online and/or brick-n-mortar retailers. Some examples of popular eWallet providers are Paypal, Skrill, Moneybookers and Google Wallet.
There is a growing number of of people that use eWallets as a way to withdraw money earned online, internationally. If you are planning to take this route, make sure you can withdraw funds in your specific location and in your local currency, as there are often limitations for various countries.
Consider the following before connecting your eWallet with Payoneer:
Tip #1: Before you add your banking details to your eWallet, find out what kind of bank accounts can be used. Payoneer offers local receiving accounts in various countries; however, some eWallet solutions require a bank account that can both receive AND send funds. In this scenario, the bank account details provided by Payoneer will not be accepted.
Tip #2:If you don’t have a local bank account you can connect to your eWallet via your Payoneer Prepaid Mastercard®. For this to work, you must have money loaded on the card in advance before verifying the card details. We recommend $10-$20 USD. Next, simply set the card as your main payment method so any billing transaction will be directed to the card.
Tip #3: If you recently opened up your Payoneer account and don’t yet have funds on your card, you have a few simple options:
- Do you work with marketplaces like 99designs, Upwork, PeoplePerHour, Amazon, or any of our 2000+ partners? All you need to do is log in to your preferred marketplace website and select Payoneer as your method for receiving payments. Payment for your next project or sale will be sent to your Payoneer account, which will automatically be transferred to your Payoneer card.
- Are you working with independent clients (not on marketplaces)? Once you finish your next job, simply request a payment directly from Payoneer and your clients can pay you via credit card, eCheck or local bank transfer, which we’ll automatically transfer to your Payoneer card.