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In this digital age, it’s become increasingly important for businesses to look beyond the confines of their local marketplace when marketing and selling their products. In order to expand your business and reach new customers — no matter where they are located — you need to find ways to process payments internationally. Luckily, there are a number of online payment processors that make it easy for businesses like yours to accept international payments. Up until recently, the most common way for an online business to accept payments from customers in other countries was through services like PayPal or Stripe. But now, we’re seeing more payment processors come out with solutions specifically designed for businesses looking to process payments globally. One of these options is Payoneer, which makes it simple for businesses to accept international payments and expand their customer base beyond national borders.
What is Payoneer?
Payoneer is a payments service that makes it easy for businesses to accept payments from customers around the world. With Payoneer, you don’t have to worry about setting up a complicated payment gateway or dealing with different currencies — instead, you can simply request that your customers pay you using a virtual payment account connected to their debit card. This gives your customers the option to pay you using the payment method that’s most convenient for them, regardless of where they live. Payoneer functions much like a debit card, so you can use your virtual account to make purchases online and offline just like you would with a regular debit card. The main advantage of using Payoneer over other payment methods, like credit cards, is that it allows you to receive money from customers in any country, regardless of where you’re located. Unlike credit cards, which only work in select countries, Payoneer is available in over 200 countries and has been used to process over $50 billion in payments. This makes it easy for your international customers to pay you and helps you avoid the high fees and complex regulations associated with international credit card payments.
How Does Payoneer Work?
Once you set up a Payoneer account and link it to your website, you can start accepting payments from your customers immediately. When a customer wants to make a purchase from you, they simply create an account, deposit money into their account using a debit card, and transfer that money to your account using your unique ID. Your customers can then use their virtual account to make purchases online or offline just like they would with a regular debit card. Once your customers make a purchase, you receive the payment in your local currency, regardless of where your customer is located.
Why Should Your Business Use Payoneer?
There are a few reasons why your business should use Payoneer to process payments globally. First, it’s incredibly easy to get started: the entire signup process takes only a few minutes and doesn’t require any complicated paperwork. Second, Payoneer makes it easy for you to accept payments from customers in any country: no matter where they’re located, your customers can use Payoneer to make payments to your business. Finally, because Payoneer works like a debit card, you don’t have to worry about currency conversion or extra payment processing fees.
How to Get Started With Payoneer?
The first thing you’ll need to do to get started using Payoneer is create an account. To do this, visit the Payoneer website and click the “Get Started” button. You’ll need to provide some basic information, including your name, email address, and select a password. After you’ve created an account, you can start adding your banking information. You’ll want to add the name, address, account number, and type of account for the account where you want to receive your payments. You can also set up a secondary account to receive your funds if your primary account isn’t accessible. Once you’ve added your account information, you can start requesting payments.
Payoneer signup link: payoneer.com
Final Words: Is Payoneer Worth It?
If your business operates online and you want to expand your customer base beyond national borders, there are few payment processors better than Payoneer. This payment processor makes it easy to accept payments from customers in any country and lets you choose how you want to receive your payments. Whether you want to receive money directly to your bank account or use a prepaid debit card, Payoneer has an option for you.