This Review is based on the Payoneer debit card and how it will benefit you. I use Payoneer myself and feel qualified to give my opinion...

Payoneer Virtual Bank Account Debit Mastercard or Prepaid Credit card Review and adding Bank

This Review is based on the Payoneer debit card and how it will benefit you. I use Payoneer myself and feel qualified to give my opinion regarding this payment processor. Okay so you are wondering what Payoneer is all about and how will you use it? The Prepaid Debit Card works like any other debit card and you can make purchases in stores, online and at ATM’s Worldwide where MasterCard is accepted. 

Payoneer was founded in 2005 and it is a leading global payment company that provides cost effective payment solutions for independent workers and affiliates in more than 200 countries worldwide. Cardholders will be able to receive funds immediately without hassles and they can withdraw money anywhere in the world where MasterCard is accepted. Unlike traditional payment methods – No credit or bank account history is required to apply.

Payment options include:

  • Deposits to local banks worldwide
  • Prepaid Debit cards
  • Wire transfers
  • Global and local e-wallets
  • Local-currency paper checks.

Who will benefit?

Payoneer cardPayoneer’s private label debit cards enable freelancers, vendors, affiliates and publishers to receive their payouts and commissions immediately. Affiliate commissions are usually paid out through checks, PayPal and international wire transfers. For these types of payments the recipient is required to have a bank account, and transfers can take anything from a few days up to weeks to complete. With Payoneer transfers are quick and usually payments are available within 24 hours.

If you are tired of waiting for days or even weeks to get your hard-earned money, then this payment processor will work for you.

The safe, efficient and cost-saving solution is an alternative for web-based businesses that require affiliate payments.

Who can apply?

An applicant that is over the age of 18 can apply. If you are an affiliate or vendor the Payoneer will work perfectly, but obviously, everyone who needs a safe online payment system is welcome to apply.

Why use Payoneer?

SecurePayoneer is constantly improving their technology to ensure customer privacy and authentication. They comply with all applicable online payment regulations.

Safe – You will receive a replacement card and your balance will be transferred if your card had been lost.

Flexible – Payoneer offers scalable and customizable options for everyone. I allow others to load money onto your card and enable you to make fast bank transfers with the Global Bank Transfer Service.

Currency – No need to convert funds to your local currency. MasterCard automatically makes the conversion at competitive rates.

Easy to use – The Payoneer online banking platform is easy to use without too much technicalities.

Cost-effective – You will be able to avoid fees that are associated with sending money abroad. Payoneer have low monthly fees.

Financial Responsible – You will only spend the amount that is loaded on the card because it is a debit card, not a credit card. This will allow you to manage your budget responsibly.

Award-Winning – Payoneer had won the “Best business to employee payment” award at the Pay Before Awards 2010

How long does it take to receive the Card?

Payoneer scamAs soon as your application is approved, you will receive a confirmation e-mail that includes the estimated arrival date. I received my card about 2 weeks after approval, but I think that it depends all on where you are located. Cards are shipped with the standard international mail service – free of charge.

What are the costs?

A full list of fees and pricing will be displayed during your card application process. You do not need to maintain a minimum balance on your card and it can be cancelled at any time.

  • Balance inquiry fee - $1
  • Withdrawal fees from ATM’s - $3.15

Which Companies will I be able to receive funds from?

The list is huge but I will mention some of the most popular companies that work with Payoneer:

  • Inc. 
  • Amway Corporation 
  • Elance 
  • Facebook 
  • Google Inc
  •  Keynetics Inc. (Click Bank) 
  • Linkshare
  •  oDesk
  •  Microsoft Corporation 
  •  Fiverr
  • PayPal Inc. (Important Note: Transfers from PayPal to Payoneer are allowed, but transfers from the US Payment Service to PayPal are automatically declined)

Payoneer review


  • You will be able to reach countries that other payment services do not cover.

  • No bank account is required

  • Your account is held in US Dollars and will convert automatically when purchases are made in another currency.

  • Payments are available within 2 – 6 hours

  • You will have access to your account page and will be able to check balances and transactions at any time

  • Telephone, email and live chat support.

  • $25 will be added to your Payoneer account when you receive or transfer over $100 in earnings to your card.

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