Detailed explanation of creating a Payoneer account and explanation of the control panel 2024

An explanation of creating a Payoneer account and an explanation of the control panel 2023
Create a Payoneer account

Creating a Payoneer account is necessary to perform a large number of tasks on the Internet today. At present, the Payoneer platform has become one of the most important and easy solutions for receiving your profits from working on the Internet, but this represents a limited part of the capabilities of this platform and the features it offers.

Creating a Payoneer account will benefit you whether you work in one of the areas of making money from the Internet or have an online store, or even if you want to send money to your friends or acquaintances.

In this article, we will explain the steps for creating a Payoneer account in a simplified manner and with illustrative pictures. We will also explain the control panel for your account and the function of each feature in it.
What is Payoneer?

Pioneer is a global company specialized in online payment services, and it belongs to the world of electronic banking.
It allows any Internet user around the world to have an electronic account on their own website.

In addition to having an account with them, they send you a Payoneer MasterCard to your address, through which you can withdraw from your account through any ATM around the world.

The most important services of Payoneer and its most important features

Some people may not be aware of the services of the Payoneer platform, so in this paragraph we will explain the services that Payoneer provides to its users and their most important features.

Transfer and receive money digitally.
Possibility to pay for services or purchase products.
Currency exchange.
Providing several bank accounts in different banks around the world to transfer and receive money globally.
The possibility of receiving funds from a large group of international companies.
Payoneer provides a reliable and reputable bank card that is accepted by most sites as a means of payment.
You will have an account on the Payoneer website in which you will find all the information and statistics related to your account, starting from the creation of the Payoneer account until its date, whether payments (purchases you have made) or amounts entered into your account.
You can link your Payoneer card to your PayPal account.
Payoneer is considered a strong competitor among all online payment services, because it charges you lower fees than other sites.
Safety in dealing compared to some sites that provide online money trading services.
The platform is available in different languages.

The previous services are the most famous of what the Payoneer platform offers in the field of electronic payment, but there are many other features. What distinguishes the Payoneer platform is its continued development and provision of new financial services and facilities to its users from time to time.

Steps to create an account on the Payoneer website

Creating a Payoneer account is very easy, just follow these steps:
1. Choose the account you want to create on the Payoneer website

Go to the Payoneer website, choose the language from the top right, and click the “Register and Earn $50” button as shown in the following image:

Now choose the appropriate account for you from the types of accounts provided by Payoneer, which appear in the following image:

Here is an explanation of each type of account provided by the Payoneer platform:
A) Independent or small or medium company

This account is intended to facilitate the process of receiving funds for small companies or those practicing freelance work on the Internet.

When you choose to create this account, one option will appear for you: Obtain money from international clients or from free markets.

Click on the option available in the previous image to display a window for subscribing and creating this account, as in the following image:

b) Online seller

Clicking on this option will show you the option to obtain money from e-commerce markets, as shown in the following image:

The account is intended for online sellers through large online stores such as Amazon. Payoneer provides commercial facilities to these sellers, such as paying suppliers for free and without fees.

Click on the option available in the previous image to display a window for subscribing and creating this account, as in the following image:

C) Affiliate marketer

When you choose this account, two options appear for you: the first is to get money from publishers, networks, and platforms, and the second is to promote Payoneer and earn a commission through it, as shown in the following image:

This account was allocated by Payoneer for two basic purposes:

The first purpose is to receive money and profits from affiliate marketing networks.
The second purpose is to receive profits from the affiliate marketing program of the Pioneer website itself. This program rewards users who invite their friends to register on the Pioneer website through their referral link.

When you click on the option to get paid from publishers, networks and platforms, the following screen will appear:

If you choose to click on Promote Payoneer and earn a commission, you will be taken to the registration page for the program to profit from Payoneer marketing, as in the following image.

Important note: Profit through the affiliate marketing program on the Payoneer website is made after implementing two conditions. The first condition is to create an account on the Payoneer website through your referral link, and the second is to receive or send money through this account.

In other words, registering through your referral link only does not qualify you to earn a commission through this program.

d) Vacation rental host

The Pioneer website, in partnership with Airbnb and Vrbo (who specialize in providing housing for travelers), offers a special type of account. This account is intended for those who list their rooms or houses for rent on these sites.

Therefore, if you have a residence or a house that you rent on the Airbnb website, it is better for you to register for this account. The partnership between the two sites enables you to transfer your profits from Airbnb directly to your Payoneer account.

This account also provides you with the ability to transfer your profits to your bank in your country for a small service fee.

Finally, as a renter, the Airbnb website provides you with the ability to pay through a Payoneer account in an easy and simple way, as you can create a Payoneer account through the Airbnb website and receive your own bank card to pay the rent for any accommodation you choose on the website.

Important note: The Airbnb website allows you to open a Payoneer account through it only during specific periods.

When you choose this account, you will see the option to receive money through vacation rental sites and private renters... See the following image:

When you click on this option, you will be shown more details about this account and the link to create it, as shown in the following image:

e) Individual account

Finally, this is the account that all users of the Payoneer website prefer. The reason is simple. This account contains all the features of this site. When you choose this account, three options appear for you that you can choose between, as shown in the following image. They are:

Obtaining funds from international clients or from markets.
Send and receive money between friends and family.
Request a prepaid card.

Important note: For some reason, the second and third options are not available, and when you choose one of them, the message shown in the following image appears:

The reason for the appearance of this message may be related to the country in which you register. Pioneer always works to regulate its conditions for registration and use of its service in accordance with the laws of the country in which you register or to which you belong.

However, as a Payoneer user, you may not need the second option very much. As for the third option for requesting a payment card, it can be completed after creating the account and receiving a certain amount of money that the Payoneer website determines.

2. Register your data and create your account on the Payoneer website

When you click on getting paid by international clients or from markets. In the individual account, you will go to the following page:

When you click on Register, you will be taken to the following data registration page:

Now you need to add the required data on this page in the same written manner as on your ID card.

Since registration is required in English, it is preferable to write the data in the same way as it is written in any government document written in the same language.

The process of registering your data is divided into 4 stages:

the beginning
contact information
Security details
about to finish

A) The beginning

You can use the information in your passport to write the required information on this page.

Make sure to add your required data correctly because you will confirm it through several steps required by the Payoneer website.

If there is any error or discrepancy in the data, you risk having your account completely closed, or not being able to use it again until it is corrected.

The Payoneer website tries to help you type your data correctly through the hints next to each field. Click the question mark next to each field if you need more information about the data to add to it.

Of course you can choose to register as an individual or as a limited liability company. We will follow the process of registering as an individual in this article. Regarding age, you must be 18 years or older to be able to create a Payoneer account.

After adding the previous information, click on the “Continue” button to move to the next stage of the registration process, which is contact information.
b) Contact information

This section asks you for your contact information, as shown in the following image:

Adding data at this stage is easy. You will only need to add a mobile phone number and add the verification code that you will receive. After adding and verifying the code, you can press the “Continue” button to move to the next stage of the registration process.
c) Security details

This stage requires several data from you in order to secure your account in more than one way, as shown in the following image:

Your username on Payoneer is your email address that you added during the first stage of registration and the site adds it in advance.

Regarding the conditions for creating a password, Pioneer specifies the following conditions for choosing a secure password:

The password must contain at least 7 characters.
Include at least one Latin alphabet letter (a-z).
One number from (0-9).

After choosing the password, you must choose a security question from among the questions on the site. After choosing the question, you will have to manually write the answer in the next field.

Try to save the question and its answer in a safe place or remember it well because it is the key to recovering your account if you lose your password. You must also remember your answer accurately, as any other answer will not be recognized, even if it contains most of the letters of the original answer.

In simple terms, your password and security question are the most important things you need to be able to access Payoneer.

Finally, you will need to add a special code that the site will show you, as shown in the following image:

The code changes from one user to another and from one registration process to another. You can write what appears in the image or click on the speaker icon to hear the code and then write it. You can also press the button with arrows on it in order to show you a good code.

d) Almost finished

This page requires two basic requirements for you to be able to create your account on Payoneer:

1. Add a local bank account in your local currency (see the following image):

2. Add your personal identity details. This is done by selecting a personal proof document and adding its data.

Add the name of the bank you deal with in your country, then your name with which the account is registered. Finally, add your 29-digit bank account number in the (International Bank Account Number) field.

Determining the bank account number that Payoneer needs may be a little complicated, but it is not difficult. This number is known as the IBAN number, which is an abbreviation for the term International Bank Account Number, which means the international number for your bank account.

If you have difficulty accessing it, contact your bank's customer service or its website.

Finally, click on the two boxes next to the terms and prices items, then click Send to have your data reviewed by Payoneer.

The decision of the Pioneer website regarding your account and data will be sent to you in an email. Do not worry, Pioneer will not reject the data or account unless there are serious errors in it and inform you of what can be fixed or added to accept your account.

Congratulations, you have created your account on Payoneer... Now wait for Payoneer’s message to accept your account so you can access and use it.
Notes regarding personal identification details

1. It is preferable to rely on a passport to confirm your personal identity

It is preferable that the identification document that you will add to Payoneer is a valid passport issued from the same country as the account.

The site will match the data you typed on it with the data in your passport, and since it is written in English, matching it will not take a long time. Of course, if you do not have a passport, you can use your personal card.

2. Personal identity confirmation is not requested from all users

I didn't need to verify your identity on Payoneer until after I created the account and started using it, but that was a few years ago. Also, during the registration experience to explain the steps for creating an account on Payoneer in this article, the site did not require me to confirm my identity during registration.

However, after researching it, it became clear that this requirement is requested by the Pioneer website from some users and not others while they perform certain steps. I mentioned this requirement because the site will ask you for it anyway and it is best to prepare for it in anticipation of Payoneer requesting it at any time.
Explanation of the sections of the Payoneer account

An explanation of Payoneer and its features can be clarified by displaying the contents of the pages inside the account as follows:

1. The home page of your Payoneer account

After logging into your account, the main page will appear to you as shown in the following image:

The home page contains two main sections. The first shows you the amounts in your balances in several accounts at different banks.

You can easily obtain these accounts through the banking and obtaining money sections, and we will explain both of them later in the article.

Normally, your account balance will appear in euros, but for any other currencies, it will appear after adding a new bank account based on a currency other than the euro.

As for the accounts in the previous image, I added a Japanese bank account and an English bank account, so balances in Japanese yen and British pounds appear among the account balances.

Of course, adding these or other accounts is optional, and depends on how you use the account and the sources from which you will receive funds.

The second section of the main page shows you the history of your financial transactions that took place on your Payoneer account.

2. Get funds into your Payoneer account page

The next page (Getting Money) is divided into two sections. The first (Request a financial payment) enables you to create payment requests and send them to your customers. The second section is for the bank accounts from which you can receive money.

If you choose to request a financial payment, the following image will appear:

This page will be useful to you if you practice freelance work online without working through one of its platforms. Through this page, you can send a request to receive financial payments from your customers by choosing (by billing them directly) and then choosing your payment details.

If you choose the second section for reception accounts, the following image will appear:

The page will show you the accounts that you have chosen to create through Payoneer to receive funds through them. You can click on the (Request bank accounts) button to add more bank accounts to your account.
3. Payment page in your Payoneer account

The (Pay) page is dedicated to helping you pay your multiple financial obligations easily.

The Payoneer website enables you to pay to four parties, as shown in the following image:

A) In-network payment

This section is dedicated to paying amounts and sending them to other people within the Payoneer network. In other words, through this section, you can send money to anyone as long as they have an account on Payoneer.

In-network payment is available after receiving payments from one of Payoneer's compatible networks or marketplaces. You can also pay within the network if you link your Payoneer account with a Payoneer account that deals in your country's local currency.

b) Payment to the recipient's bank account

To be able to send money to a client or company's bank account; You must first add a bank account in your local currency on Payoneer. After adding your bank account information, Payoneer management will review this data within a few days and then respond to you.

Reviewing Payoneer may result in a request for additional information about your bank account, or confirmation of the integrity of the data and linking your bank account to Payoneer.

c) Pay the Amazon advertising bill

This section enables you to pay the bill for advertising on Amazon. When you click on this option, you will be asked to upload the invoice file that you received from Amazon to Payoneer.
d) Pay value added tax

This section enables you to defend the added value of the products you sell. The use of this section is available for a small number of countries at the moment, most of which are European countries.
4. Withdrawal and transfer page in your Payoneer account

The withdrawal and transfer page is considered the most important page in Payoneer accounts. The page is divided into two parts, as the following image shows:

A) Withdraw funds to a bank account (Withdraw to bank)

To withdraw the money received from your Payoneer account, you will need to add a bank account in the currency of your local country. Without adding the account, you will often not be able to completely withdraw your money from Payoneer, or you will have difficulty doing so.

Click on (Withdraw to bank) to show you the page where you can add your bank account.

Now click on Add Bank Account to move to the next page:

Now click on Add bank account to go to the page where you will add your bank account information (see the following image):

Add your country's local currency and click Next to move to the next page in the account details, as shown in the following image:

On the next page, add your bank account information as you did during the account registration process (if you were requested to do so).

Click on the white box to confirm the account details you added to show you the next step. Now you will see the step to confirm Payoneer account details. This step requires adding your date of birth registered on Payoneer and the password for your account on it.

See the following picture:

After adding the required data in this step, your account data will be reviewed and the Payoneer Center will respond to you within a few days.

Note: When you click on Add a bank account, Payoneer will take you to the Banks and Cards section to complete the process of adding your bank account.
b) Manage the currencies in your account (Manage currencies)

The Currency Management section is dedicated to converting the balances you have in the various accounts on Payoneer from one currency to another. When you choose this tool, the following page will appear for you:

You can choose the balance you want to transfer and specify the amount (if you are not converting your entire balance from one currency to another), and the tool also shows you the exchange rate at which the transfer was made.

The tool is useful for converting all your balances into one currency in preparation for withdrawing them later, but note that Payoneer may charge a percentage for the transfer.
5. Account activity page in your Payoneer account

The account activity page aims to display all transactions in total by date or in detail according to the transaction itself.

The page consists of the following sections (see the following image):

A) Account activity, which includes:

     Transactions: This section shows all the transactions that took place on your account, including receiving and sending funds.
     Payment request sent: This section displays the payment requests you have sent.

b) Reports and data, which contain:

     Amazon account statement.
     Confirm receipt account.
     Monthly account statement.
     Good conduct letter.

Most of the previous sections are specific to using the account commercially or communicating with companies to work with them.
6. Banks and cards page in your Payoneer account

The Banks and Cards section is divided into four sections, shown in the following image:

A) Bank accounts for withdrawal

This section contains the bank accounts that you added to withdraw your money from Payoneer and send it to a local bank account.

The page shows you the number of accounts you have added and the status of each account in terms of acceptance, rejection, or review. Finally, the page enables you to add a new local bank account. In general, you can add three bank accounts in this section.

See the following picture:

b) Receiving accounts

This section is the same section that we explained on page 2.
c) Payoneer cards

This section is important for everyone who asks how to request a Payoneer card. Requesting a Payoneer card (the common name for which is MasterCard Pioneer) is done by clicking on Payoneer cards to go to a special page containing the available cards that you can request and their details.

To request a Payoneer card, click on “Request a card.” See the following image:

After clicking on this option, a message will appear to you explaining the conditions that must be completed in order for you to be able to request a Payoneer card.

See the following picture:

As shown in the message in the image, you must have received a certain amount in order to be able to request a Payoneer card. The amount varies from one account to another and is calculated in US dollars.

You can find out the value of the required amount by contacting Payoneer support.

Once you complete the conditions, visit this page again and add your email address to receive the card by mail to your home for a small fee.

The card that Payoneer used to send was owned by MasterCard, but this is not always the case.
d) The recipient's bank accounts

This section enables you to add bank accounts to transfer to, and it is the same section that we explained on page No. 3, point B.
7. Business network

The commercial network page is divided into four sections, as shown in the following image:

8. Settings page

This page does not appear on the right side like the rest of the sections of the Payoneer website, although it is necessary to manage your account on it. The settings page can be accessed by going to the left of your account and clicking on the icon above your name to the left.

(See the following pictures):

Click on your account icon to display the following page:

Important note: To the right of the previous image, you will see a notification bell whose function is to alert you to developments in your account and every movement made on it and in any section.

Now click on (Settings) to navigate to your account settings page (see the following image):

This page shows four sections:

     Profile settings and contains your personal account data.
     (Unclear section) However, it enables you to receive newsletters on specific topics, but to activate it is linked to a withdrawal process.
     Security Settings It contains the methods you have selected to protect your account and how you can visit them.
     The verification center is for sending the documents and data requested by Payoneer to verify your data with it.
     Language, through which you can change the language of use of the site to any language you want.

Tips for dealing with your Payoneer account

1. Secure your account well: It is preferable that your account be secured through all the tools provided by the site, such as logging in by receiving a code on the mobile phone.

Also, do not log into your account from untrusted devices or share login data with anyone.

2. Requesting assistance: You can contact the Payoneer Customer Service Center if you have any questions regarding your account.

Customer Service will also assist you if you have a problem accessing your account or using one of the sections or tools available through it.

3. Review the website service fees: Pioneer updates the fees for the services it provides on an ongoing basis, so do not use its services and tools unless you review their fees every once in a while to avoid paying large amounts.

For example, you can transfer your money to a local bank account once a month and not several times to avoid recurring transfer fees, do not change the currencies of your account balances several times to avoid paying currency change fees more than once, and so on.

4. Rely on the Payoneer application on mobile phones: The Payoneer application on mobile phones is one of the best and easiest applications to use in the field of electronic banking. The application is easy to use and safe.

Here are the links to download the Payoneer application:

5. Do not create more than one account on Payoneer: In general, creating more than one account on Payoneer is very difficult because the site requires data to confirm identity. However, even if you were able to create more than one account on Payoneer, this would not be a wise move. .

Payoneer has strict terms regarding this matter. Creating more than one account on Payoneer may expose your account to risk, regardless of the amounts available on these accounts.

Conclusion

In this article, we tried to provide a comprehensive explanation of how to create an account on the Payoneer website. The website changes the registration method every period according to the changes and updates it makes, but they usually do not change radically.

Pioneer Bank adds new features to its customers’ accounts periodically and sometimes changes the registration steps and conditions completely.

Share with us in the comments why you use the Payoneer website and the best feature or tool you like on this website.

Detailed explanation of creating a Payoneer account and explanation of the control panel 2024