Working on foreign freelance exchanges, as well as directly with customers living in other countries, is always fraught with a number of difficulties. First of all, of a financial nature. Since it is necessary to immediately decide for yourself the question of how to withdraw the earned money as efficiently and safely as possible. The solution suggested itself: it was necessary to create a banking product that would solve the daily tasks of freelancers around the world. So, in 2005, the Payoneer payment service appeared (in Russian it is often called Pioneer or Pioneer).
At the Pioneer payment system more than 2000 partners in all over the world who pay directly to the card account!
At the moment, a Paoneer bank card is a universal means of payment that allows you to quickly carry out the process of paying out earned funds to freelancers. Plastic can be used to withdraw money around the world at any ATM. In addition, you can pay with it in regular stores and on the Internet. For freelancers in Russia, this solution is a real find, as it allows them to receive payments from American companies directly, as well as work with the largest freelance exchanges on the planet. At the same time, there is no need to report to the state about the presence of a deposit abroad. The only negative is the commissions, but they can be leveled, since earnings abroad are usually much higher, and this circumstance will allow you to recapture most of the service costs.
Important information on Payoneer for Russians:
please note that customers residing in Russia since February 2020 will no longer be able to order a plastic card from Payoneer due to restrictions from the financial legislation of the Russian Federation. At the same time, existing customers who already have this card in their hands will be able to fully use it. until May 27, 2020 inclusive. There are no other restrictions. You will still be able to receive payouts to your Payoneer account and withdraw them to your local bank (using local bank details). Payoneer account maintenance will be free.
These are commissions for replenishment operations only from the Payoneer payment system (they will be debited from the recipient of the money).
Payoneer has implemented a cool option for you to get paid for your work - the option bill. This invoice can be sent, for example, by e-mail to the customer or employer. It can be both companies and individuals.
How to top up Payoneer through the payment of an invoice (the customer chooses the most optimal option for him from the proposed):
You can also pay for any service to a supplier or customer directly from Payoneer by selecting the option " Make a Payment“, specifying his E-mail as the recipient, even if the recipient does not yet have a Payoneer account. After registration, he will receive this payment. This transaction will no commission.
For transfers from the USA
If earlier interaction with the payment system was carried out directly through the company's partners, because only they had the opportunity to replenish Payoneer prepaid debit cards, then with the connection of the service US Payment Service(as mentioned just above) in 2012 you can now receive payments from any American company. Now they just need to send money by local bank payment through the system ACH (Automated Clearing House)- the largest clearing system in the United States.
Global Payment Service: to an account in $ - ACH-transfer (US interbank), an account in euro - SEPA-transfer (in euros).
Expanded the possibilities US Payment Service. Significantly increased the geography of partners. Now you can receive money to your Payoneer account in euros (EUR) via SEPA (Single Euro Payments Area) from partners from the European Union and the European Economic Area (34 countries), from the UK and Ireland in pounds sterling (GBR) via BACS and FPS, Japan - in yen (JPY) according to Zengin. Since 2018, it has also become possible to receive money via the Chinese payment system CNAPS (China National Advanced Payment System) and in Canadian dollars through Canadian banks via EFT (Electronic Funds Transfer). In Australia - according to BECS (Bulk Electronic Clearing System). The service is actively developing - more currencies and opportunities are promised in the near future.
As part of this opportunity, you can also issue an additional card for payments In Euro. To do this trick: through the support service, request the ability to accept payments in euros. And when will your euro account have more than 50 EUR, then in personal account button will appear Order Card, by which you can order an additional prepaid card Payoneer EUR.
It is important to note that it is local payment services countries, thus avoiding the use of more expensive international system Wire. As a result, there are significant savings on commission.
To issue an invoice and pay, it is enough to generate from your personal account payment order and send it to your partner. It must be legal face. Transfers under this scheme between individuals are prohibited.
If you do not have this option and it is limited, write to Payoneer support to enable this functionality. The system is the same - you are provided with bank account details to which you can transfer money. This account does not personally belong to you, but is linked to your account. It is common to all. All proceeds will be distributed to functional purpose and credited to the card account of the payee.
At VTB and Alfa Bank ATMs, it is most profitable to withdraw rubles from Payoneer!
In this case, we recommend looking for ATMs from VTB Bank that allow you to withdraw up to 100,000 rubles from "foreign cards" per transaction. In the comments, people write that Raiffeisen ATMs can issue up to 150 000 rubles (not checked!). Also, judging by the reviews, Alfa Bank can give you rubles at its ATMs on a Payoneer card ( from 200,000 to 450,000 rubles depending on the ATM model).
There was also information that since October 2017 up to 200,000 rubles can be withdrawn from ATMs Tinkoff Bank " (Moscow). Withdrawal operation in rubles carried out without commission. There is also information that in "Opening" and "Promsvyazbank" you can withdraw up to 200,000 rubles.
Another important point:
Only Payoneer charges money from your card. ATM owners in Russia don't take your additional commission for withdrawing rubles RF (ATM fee).
Various ways to deposit and withdraw money from a Payoneer card. Relevance: 2018.
You can withdraw money from your account (not available at all!) to a bank account in Russia. The operation will be carried out in rubles. Commission: 2%. Interbank payment (from Russian partner banks). At the moment, payments in dollars to Russian banks are not made. Money comes from Qiwi Bank» with the comment payment for provided services from Amazon.com, Inc. Private transfer, No VAT.
You can receive money on Payoneer simply by issuing an invoice (button " Payment Request"). At the same time, the customer will not even need to be registered with Payoneer, he will have many opportunities to pay for your services or goods (via a payment card, bank payment or electronic check).
In the AdvCash system, you can issue both physical and virtual cards. And even link them to the payment systems Google Pay, Samsung Pay. Cards from free service (fee only for the issue).
Recently, I learned and tried first hand a way to withdraw money from Payoneer with minimal fees. The method itself is not complicated, but involves going abroad. Further in the article I share information on how the output scheme works.
In addition to Payoneer's own ATM withdrawal fee, there is a cross-border Mastercard fee if the card is used outside the country where it was issued.
Dollar cards are issued somewhere very far away, and therefore we always pay an additional 1.8% commission for each transaction in US dollars, and 3.5% for transactions in national currencies (hryvnia, ruble, etc.).
However, Payoneer also has cards in other currencies. We are interested in a card in euros.
Payoneer Euro cards are issued within the European Union, and therefore there should be no additional cross-border Mastercard fees.
For the first time I was convinced of this when I paid for purchases in Estonia. Unlike the dollar card, the amount debited from the euro card was exactly what was on the price tag.
On another occasion, I was withdrawing cash from an ATM in Finland. Withdrawn only €2.50 - Payoneer commission for each ATM transaction. The rule - to withdraw the maximum possible amount at a time, remains in force.
Thus, the main idea is to withdraw money from a Euro-card in the EU.
If you withdraw euros from ATMs outside the EU, then the commission will most likely appear again.
Yes, most of us earn and withdraw money to our Payoneer account in dollars. And here the function comes to the rescue - currency conversion. This feature appeared in Payoneer relatively recently. And therefore, not everyone knows about it and actively uses it. The option is in your account, in the tab "History"
More than once I compared the Payoneer course with the course on xe.com. The course coincided, and sometimes it turned out even a little more profitable.
The ability to order a card may not be available until you have a certain amount in euros on your balance. Usually from 50 euros.
Accordingly, we use the currency conversion service.
If you already have a card in USD, then you do not need to pay anything for the issuance and annual maintenance of an additional card in Euro.
It is clear that this option is not for every day, since most of us do not live in the European Union. But going on a trip, it is worth taking a card in euros with you. It is also beneficial for her to pay for purchases on European sites.
With the help of a Payoneer card in euros, there is another way to profitably withdraw money without having to travel anywhere. More in this material:
* Previously, it was enough to deposit $100 to receive the bonus. Now, unfortunately, conditions have changed. And if on other resources you see an offer of a bonus of $100, most likely the information there simply has not been updated.
I myself am active by Payoneer. If you have any questions or want to make additions to the article, leave them in the comments. It is not necessary to have a livejournal account, you can log in through social networks. Also, in my blog there are other materials about this payment system.
And receiving the first payments, you can withdraw funds from your personal account to an account opened in any Russian bank. This is very convenient because it gives you the freedom to plan large purchases and manage large amounts of cash. If to bank account a payment card is linked, then the received funds become available immediately.
Whether your Payoneer account has US dollars, British pounds, euros, Japanese yen or yuan in your currency, you can make a withdrawal to your local bank account. The payment will be converted into rubles at the average market rate at the time of withdrawal. In order to get your bearings, you can use the converter on XE.com.
The scheme is quite simple: you make an application in your personal account for the withdrawal of funds, having previously entered and confirmed the data on the bank account. Normal withdrawal terms: 2-3 working (banking) days.
Withdrawal is possible only to a bank account owned by the owner of the Payoneer account, sending to third parties is prohibited.
The commission fee is 2% of the amount translation.
Withdrawal currency - only Russian rubles.
Minimum amount to send $50, maximum 10 thousand dollars.
Transfer credit term: up to 3 working days.
You get cash almost without any restrictions, at a fixed commission of 2% of the amount. When withdrawing cash from a Payoneer card at ATMs and bank cash desks, there are always quite strict restrictions with a higher commission.
Payment card Payoneer MasterCard is not required.
No additional or hidden fees, only a fixed 2% of the amount.
No problems with ATMs, which very often accompany the withdrawal of cash (lack of the required amount, exceeding limits, paid balance viewing, payment for each operation, etc.).
When paying with a Payoneer card, the daily spending limit is limited to the equivalent of $2,500, withdrawing funds, and you you can plan and make larger purchases.
The bank can inquire about the origin of incoming funds, especially if the amount is large, and the account is opened on individual. In banks, where the rules are particularly strict, they may require copies of the contract or other documents on the basis of which the funds are transferred. Therefore, if you plan to regularly withdraw significant amounts, then it is preferable to open a current account for an individual entrepreneur (individual entrepreneur).
Withdrawal is possible only in Russian rubles , the conversion rate is defined as "average market". However, it is usually a few percent lower than the commercial rate offered by banks.
Once the funds reach the local bank account, they somehow come under the scrutiny of the fiscal authorities. While the money is on the Payoneer balance and the card, information about them is not available.
If you do not currently have a bank account, then you will have to open it by visiting a bank branch with a passport and an individual tax number on hand. Select and arrange the proposed service or package. Do not rush with registration, if you have payment cards (salary, social, for payments), then bank accounts correspond to them and you should find out from the bank support service whether it is possible to use them to receive funds from other sources. Most likely, the answer will be positive. Then it remains to get information about account details and limits from the same service.
Having the details in hand, in your personal Payoneer account, go to "Settings" - "bank accounts", where information about the bank account (maximum two) that is linked to your account is stored.
If you already entered your account details when registering with Payoneer (this was not required before 2017), then you will see the entered details. If not, then click "Add bank account".
Now, select your country where the bank account is actually opened. If it is open to an individual, then mark “personal”, if the owner is individual entrepreneur or entity put a mark on "corporate".
Follow the prompts and fill in the details carefully. Please note that some fields are filled in Latin, while others are filled in Cyrillic. If any data is missing, then you can easily find it online. In particular, the address and postal code of the bank branch (where you opened an account) or BIC.
Check all the numbers again, especially the account number, remember that a mistake can lead to the fact that the funds will not be credited. Check "I verify bank account details" and click "Next".
After this, you will receive a notification that the details have been accepted for verification and consideration.
The verification takes several hours, once it is completed you will receive a notification on email and you can immediately use the account to withdraw funds.
Once the account is added and approved, submitting a withdrawal request will only take a couple of minutes. It is enough to log in to your account and select "To a bank account" in the "Withdrawal" tab.
Choose from which balance you want to withdraw funds - you can choose any, choose the desired bank account. At the stage of confirming the operation, you will immediately be informed about the exchange rate.
Check the box "confirm" and click "withdraw". Usually, funds arrive in the bank account the next day after the withdrawal request. Delays are rare.
Greetings, dear friends! If any of you are familiar with e-commerce or freelance with customers from other countries, then the issue of withdrawing earned funds is extremely acute for you. Being a resident of Russia or Ukraine, or Belarus, or any other state of the post-Soviet space, you, one way or another, face the problem of receiving funds from abroad. Ordinary bank transfers cannot be used as a payment instrument due to huge commissions. By resorting to this method of paying for your labor or goods that you sold abroad, your activity immediately turns into a loss. Needed here completely different approach. Ideally, of course, if you could receive money directly on the card or withdraw it to online wallet. Today you and I can stop dreaming about it, because now to each a payoneer card is available for order, designed just the same to receive payments from foreign companies.
So, for starters, I propose to find out what kind of berry this is - the Payoneer payment system? To do this, it makes sense to move back to the origins of history. Thus, the American company Pioneer appeared on the market in 2005 year. The main office of the corporation is located in New York. Payoneer is one of the top 100 providers of Financial services, according to the results of the INC rating. Among the services offered by the company to its customers, you can find many salary projects . But I want to dwell on those services that can be useful for you and me.
As of today, the holders plastic card This payment system are more than three million people around the globe. Of course, most of them are freelancers, among which, undoubtedly, there are many who live in Russia. The card is available for order in Belarus, Kazakhstan, and Ukraine. In total, the company serves clients from more than 200 countries, thereby supporting work with approximately the same number of national currencies.
The main advantage of the Payoneer card, of course, is instant withdrawal funds received from foreign payers from Europe and America. It should also be noted that if you compare the rates of this company with other methods of withdrawing money, then you will simply be amazed at how much lower the rates will be in the case of Pioneer. The main instrument of the payment system is the most common debit card Pioneer MasterCard. With its help, you can pay for any services on the Internet, transfer money to electronic currency, pay for purchases in the store or cash out at the nearest ATM.
Because Payoneer is based in the United States, Payoneer is subject to strict US and international laws and regulations, including Know Your Customers, Bank Secrecy Act and Anti-Money Laundering. If any of you have doubts about the reliability of this company, I strongly advise you to study the list of companies that cooperate with Pioneer, and all your doubts will vanish like dust.
To make sure you are completely exclusivity and the need for a Pioneer card, I suggest you familiarize yourself with the list of its advantages:
If I managed to convince you that payoneer plastic is a convenient and very useful tool for receiving payments from abroad for those who are used to working remotely and consider themselves to be freelancers, then let's figure out how we can get this product and start take advantage of all its features.
The registration process in the Pioneer system will not take you much time. In order to order a card, you will only need to follow each step of the instruction one by one:
If your card has not arrived within the agreed time, I advise you check status your application in the personal account of the service. If the card has already been sent to you, then at the very top of the profile you will see the estimated date of its delivery. If this period has already expired, it makes sense to repeat the plastic order. For this:
Go to registration
Almost every freelancer is concerned about the issue of his financial security. If we consider the Pioneer product from this point of view, then I simply cannot help but highlight such Benefits:
You can find out about all tariffs in your personal account
by going to the " Help' and selecting the tab ' Tariffs».
In total, the system provides for three types of commissions:
In order to minimize the loss of money when withdrawing cash from a Payoneer card, we need to know what commission the system will deduct from us. I want to warn you right away that this information is constantly changing due to the fact that banks periodically change the size of commissions and set new limits on withdrawal amounts. According to the latest data, the withdrawal fee consists of:
In order for you not to puzzle over how to withdraw money from the card with minimal losses, I will advise you withdraw the maximum amount in one operation. This way you won't have to pay the same fees every time you withdraw money.
As for restrictions on ATM withdrawal limits in dollars, here you need to know the following:
If the ATM prompts you to choose account type, then know that according to your map, the choice of options is appropriate " Current" And " Estimated».
If you decide to withdraw money from the card at the bank's cash desk, then here you will have to pay additional interest for withdrawing money from a card issued by a third-party bank:
Every year, as a cardholder, you need to pay for the content of plastic. Depending on the partner through which you order the card, the amount will also change. annual service. For example, if you have issued a card through my invite link , then the cost of service will be for you $29.95, and card activation for residents of Russia will be free.
If you ordered a product through DepositPhotos or 123RF, then for using the card for a year you will have to pay at least $35, that is, $3 per month. I just want to say that if per month you will make from 5 payments, the commission will drop to $1. Besides, for card activation in the first year of operation you will be charged $12.95.
Use payoneer services
After activating the card, an email should be sent to your e-mail, in which you will be notified that you have received access to special details for receiving payments from abroad. These details are required in order for you to receive Money transfers, for example, from or webmoney.
Supports work with payments in dollars, euros and British pounds sterling. The system provides all Pioneer card holders with the details by which they can receive cash payments in all listed currencies.
Unfortunately, in September 2013, it became impossible to link a GPS bank account to the cardholder's PayPal account. That's why withdrawal of funds from PayPal is possible today only to cards and bank accounts of Russian banks.
For all other cases, you can ask the system to send you this letter with details immediately after you receive and activate the card. You can get access to the registration of this service in your account in the tab " Receipt».
Quite often, Pioneer card holders have questions related to the compatibility of plastic and the PayPal payment system. I think it makes sense to note the main theses on this topic so that none of you get confused:
Among the huge variety of all kinds of services that the WebMoney electronic payment system provides to its users, there is also the possibility of attaching a special debit card to wmz account, which simplifies the exchange and withdrawal of funds. One of these debits may be precisely payoneer mastercard. Being the owner of such a bundle, you will forever forget about any withdrawal procedures.
To acquire such a useful payment tool, you just need to place an order for attaching a card through the Webmoney Cards service, located in one of the sections of the company's official website. If any of you have already thought about how to replenish the Pioneer card, then you can do this using the funds stored on the WMZ wallet. Any participant registered in the WebMoney system who has at least formal certificate.
Register Payoneer
I hope that this review will allow many freelancers working with foreign companies, solve the problem of predatory commissions. Test the card, and share your impressions in the comments under this article. It will also be interesting for me to know which payoneer analogues you use, and what is their advantage over this payment system. Do not forget to subscribe to blog updates, because there is still a lot of interesting things ahead of you. See you soon, dear friends!
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