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How to Fund Payoneer Account in Nigeria – 3 safest means!

This post is a simple guide on how to fund your Payoneer account in Nigeria. I have once shown you how to open Payoneer account in Nigeria and also how to withdraw money from the account to your local bank account. Today, I’ll show you the easiest and safest means to fund your Payoneer account in Nigeria. In other words, this post will be very helpful to Nigerians who are worried over how they will fund their Payoneer account as well as those who have not yet received their Payoneer Mastercard card.

Payoneer is a great alternative for PayPal. It was founded in 2005 and based in New York. Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies. Currently Payooner has over 150 currencies, over 200 countries, over 2000 partners and over 3million online users

Basically, Payoneer account is used to receive payments such as Adsense, freelance, affiliate payment and other online payment from US and European companies. Sometimes however, you may need to fund your Payoneer account to pay someone or for an online transaction. In such condition, you’re likely going to get stuck.  So, if your intention is to fund your Payoneer account right here in Nigeria, follow the steps below to get it done.

First, if you don’t have Payoneer account yet, just signup here now.

Next you need a Payoneer MasterCard.

Funding Payoneer Account

After signing up and getting approval, it is expected that Payoneer will send your MasterCard debit card to the address you provided during registration. The card is like any other ATM card and you can use it to withdraw your Payoneer funds at any MasterCard supported ATM/POS worldwide. In case, you didn’t receive your Payoneer MasterCard after like few weeks or months you’ve signup and get approval; please, apply for Expedite Delivery (DHL) of the MasterCard. However, for this to work, you need to have at least $50 on your Payoneer account. Charge for delivery of the masterCard is $40 only. It’s better if you already have this amount on your Payoneer account but if don’t have it, you can contact a fellow Payoneer user that will help you fund the account for this first and last time. Once you have up to $40 in your account, login to your Payoneer account and click the support section and then contact. Select your funding source, pick card delivery and then tell them that you’ll need you card to be delivered to you through DHL. Within some fee minutes the Payoneer customer support will contact you for the information you need to send to them. These include your mailing address and phone number. Once you have answered accordingly, your Payoneer MasterCard will be shipped to your location in Nigeria. Just wait for few days and you’ll receive a phone call from DHL office telling you that they have your parcel with them. Once, you receive your Payoneer MasterCard debit card, you’re good to go!

How to fund your Payoneer account in Nigeria

Method 1. Funding via your Mastercard Debit card account

  1. Login to your Payoneer account
  2. Scroll to receive payment and then click on my US payment service profile
  3. Your US payment service profile contain your Bank name, Account number, Routing number and Account type
  4. Copy out your bank details from there and take it your bank for funding of your Payoneer account. Tell the casher that you want to fund your Payoneer account right here in Nigeria. You can deposit any amount you want.
  5. Once the deposit has been made, wait for about 15 -25 minutes; the money will reflect in your Payoneer MasterCard. NB: Your Card must be activated for this to be possible

You can follow the above process any time you want to fund your Payoneer account in Nigeria.

Method 2. Funding through another Payoneer Mastercard Account holder

To Fund your Payoneer Account via card transfer, Payoneer provides a platform that allows transferring fund from any other Payoneer Card, Visa, Verve or MasterCard from any bank around the world. All that is required is to locate the Payoneer Load Card Option on www.payoneer.com and fill in the required information.

The data usually needed at the Payoneer Load Card Page include email address of Payoneer Card Holder you wish to fund, Card Type, the Amount, and reason for transferring to the Payoneer MasterCard.

After filling and submitting the form, a transaction fee of $7.50 is to be deducted from the transferring account as charge for the transfer.

Method 3. Funding via Private load online

This is a direct Payoneer online payment gateway. Let someone start loading fund now on your Payoneer MasterCard account, click on this link. Enter your email and the recipient’s email and click next. Properly fill account details and the amount you are transferring, after about 2 – 5 minutes of the completion the form, the money will reflect in your Payoneer MasterCard.

If you’ve not register for your Payoneer account, you can register or signup now.

The above methods are 3 safest means to fund you Payoneer account in Nigeria.

Exchange Payoneer fund for Skrill through us, coming up………………………

CBN pumps in $250m into Forex Market

The Central Bank of Nigeria (CBN), on Monday, injects $250m into the Inter-Bank Foreign Exchange Market of three segments of the market.Governor of central bank of nigeria, Godwin Emefiele

In the wholesale segment of the inter-bank Foreign Exchange market, it sold $100m and also uplifted the Small and Medium Enterprises (SMEs) and invisible segments, with the sum of $85 million and $65million respectively.

Mr. Isaac Okorafor, the Acting Director, Corporate Communications Department, according to vanguard revealed that the apex bank would pump even more liquidity into the market in the coming days, noting that the move by the CBN was necessary to enhance stability in the FX market.

Mr Isaac reiterated that in a bid to improve liquidity and ameliorate challenges encountered by critical stakeholders at this time of the year, the Bank had ensured that pressures on the market from those seeking forex for school fees and vacations were eased. He maintains that the Bank has resolved to ensure that there is sustained liquidity to meet genuine requests emanating from FOREX.
I strong believe that if CBN continues this way that naira will start and continue to appreciate or stabilize.

Kudos to CBN!