Payoneer account has been in existence since 2005. Payoneer is a financial business platform that provides online money transfer and payment services. It is also a registered member in Mastercard worldwide. The company is situated in New York City, USA. It gives access to people from different parts of the world to receive payment through their channel and at the same time be able to withdraw those payments.
Payoneer allocates a virtual account number to their subscribers so as to ease access to payment made online as we all know Paypal denied Nigeria access to withdrawing funds from Nigeria. Payoneer serves as an easier means to withdraw payment from services delivered online. With Payoneer, you can activate a US bank account and then you’d be given a US account details that will contain your checking number and routing number. Those would be the detail you need whenever you want to receive payments into a US bank account.
So, if you are interested in knowing how to open a Payoneer account, fund it and withdraw money from the account in Nigeria ; I am here to share that with you. Sign up for a Payoneer account Here and then continue reading.
Read this:
2. How to open a GTbank verify PayPal account in Nigeria for Free.
HOW TO APPLY FOR THE PAYONEER MASTERCARD IN NIGERIA
Applying for Payoneer Mastercard in Nigeria is very easy. If you wish to acquire one today, follow the steps below:
- Log on to www.payoneer.com then click on Sign Up. Application is totally free.
- Fill in your full name, address and other details carefully, as it is in the ID card you wish to use for verification.
- Set password, Secret Question and Answer and select your ID type e.g driver’s license, National I.D card, etc.
- Enter alternate address if it’s different from the address you provided earlier. Beware that the Payoneer Debit Card would be shipped to the same address in Nigeria. So it should be very clear and correct. Make sure you used the correct post code of the address you are using.
- After that, click on “Order” Button.
It usually takes about few days for the application to be confirmed and approved after which the Payoneer Mastercard would be packaged and dispatched to your location here in Nigeria. Once you have been approved, you will receive notification via the email address you provided during registration.
Delivery of the Payoneer Mastercard to your Nigerian address might take few weeks or months. If the estimated time has elapsed and you fail to receive it, there is need for you to visit the nearest Post Office branch in your locality, give them your name and the shipping address and they will help you to track it.
You will be directed through your email address to confirm that you have received the card by login into your Payoneer account and keying in your card number. After that, you have automatically activated the card for use.
You will be asked to fund it before you can be able to use it to pay or buy goods online. But if you have a fund online you wish to withdraw, you can go right ahead and do that.
If you are looking for a safe, reliable and widely accepted means of payments and carrying out your transactions online, Payoneer MasterCard is solely meant for you.
HOW TO SET UP THE PAYONEER VIRTUAL US BANK ACCOUNT NUMBER
Immediately after you activated your card, there is need for you to log into your Payoneer account with the details you provided when signing up.
After logging into your account, go to “Receive tab” on the top menu to see a drop down menu. From the drop down menu, click on US virtual Bank Account.
Fill in the required information in the boxes provided. After submitting the form, patiently wait for your account creation and confirmation. This usually takes few business days.
YOU CAN USE THE PAYONEER MASTERCARD TO CARRY OUT THE FOLLOWING TRANSACTIONS:
- Withdraw money from Nigerian ATM a machine that supports Mastercard options.
- Shopping online in stores such as Amazon, Aliexpress, WalMart, AliBaba, Konga, Jumia, etc.
- To transfer money to another Payoneer Mastercard holder
- To withdraw your online income in platforms such as fiverr, freelancer, etc.
HOW TO FUND YOUR PAYONEER ACCOUNT IN NIGERIA
UPDATED; September, 2017: 3 safest Ways to Fund Payoneer Account in Nigeria
The methods include;
- Funding through another Payoneer Mastercard Account
To Fund your Payoneer Mastercard 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, 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.
- Funding Payoneer MasterCard via Online Earnings from Partners.
Another means of sending money to your Payoneer account is by being paid for services you render online on freelancing websites or affiliate sales that you made. This process is not difficult at all. Simply select payoneer as your payment options. Then fill in the card details into the space provided exactly as it is on the card and then save.
HOW TO WITHDRAW FROM PAYONEER ACCOUNT IN NIGERIA
Withdrawing cash from payoneer is quite easy and simple, just use one of the method provided below.
- You can use the Payoneer Mastercard to withdraw money from any Nigerian ATM pay point that accepts MasterCard using the normal ATM withdrawal method though some charges are incurred on each withdrawal.
- You can also do Withdrawal of Funds from Payoneer to Your Local Bank and thereafter, withdraw the cash via your local bank account.
Payoneer introduced Local Bank Transfer service which allows you to withdraw your funds straight into your local bank account. This service is open to anyone with a Payoneer account in 210 countries and Nigeria is part of these countries. Now you don’t necessarily have to use your ATM every time and incur some unnecessary charges. You can withdraw your funds straight into your bank account and then withdraw via your bank ATM.
When you transfer to your local bank account, charges are lower.
It can be done through the following steps:
- Log in to your Payoneer account. From the main menu, select Withdraw and then To Bank Account. If it’s your first trial, there is need for you to add a bank account in order to begin withdrawing funds. To do so, click + Add new beneath the bank account field and fill in the required details.
The required details will include card number, card CVV, date of birth and password. This is a security measure.
You can now submit your bank information to complete the sign up. This sign up will have to be approved manually which means they will check all your details to be sure your account is in indeed correct.
Add your bank name like “ZENITH BANK PLC”. Add your bank account name just like you have it on your account, and then enter your 10 digit account number. For the swift number of your bank, go to Swift Code Nigeria to get your bank’s swift code and put it in the swift code space. For bank address, enter your local bank address.
For bank account descriptions, you can key in “savings account”. Agree to terms by checking the boxes and click “finish” and you are done.
Once submitted, your bank account details will be reviewed and verified. This process generally takes a few business days. Once your bank account has been verified, you will receive an email confirmation and can then begin withdrawing funds.
To continue the Withdrawal, follow the steps below;
- In the drop-down box, select the currency balance or card from which you would like to withdraw funds.
- In the To drop-down box, select the destination bank account – the bank account into which the funds will be deposited.
- In the Withdrawal Amount field, enter the amount which you would like to withdraw.
Before entering the amount, note the minimum and maximum amounts and your available balance.
Also know that you can only withdraw sums not less than $200 and sums not higher than $10,000 at any time.
- In the Description field, enter a short description of the withdrawal. This is a mandatory field. Then Click Next.
- Fill in the details in the Security Confirmation page and click Finish.
That’s it! You will receive an email confirmation after completing the withdrawal and the funds will reach your account within 3-5 business days.
After you Withdraw Funds from Payoneer to Your Local Bank, then you can use your local bank account to withdraw your money.
You can also use the services of genuine and verified e-currency exchangers in Nigeria to fund your Payoneer MasterCard. To withdraw money from your account, you would have to sell your Payoneer funds to them; they would then credit your bank account with Naira using their Dollar to Naira exchange rate. One good exchanger you can use to buy or sell Payoneer funds is MyTopExchange.com. On their website, they deal on exchange of Payoneer funds, Skrill, PayPal, Neteller and Bitcoin. On visiting their site at https://www.mytopexchange.com, you would first have to Sign-Up before you can perform any exchange transaction with them.
You can also visit their Lagos office to carry out your transaction in person. You can find their address on their website contact page. You can contact MyTopExchange on phone number: 08144333114
All thanks to Payoneer Mastercard. Withdrawing money from services rendered online has been made much easier instead of going through the hurdles of looking for numerous means of withdrawing online income. With payoneer Mastercard, you can be able to receive money from any part of the world and have it transferred down to your local bank account with barely 1.5% charge of the transaction amount. The payoneer platform has given most Nigerians meaningful means of earning income online.
If you have not register for a new Payoneer account, you can Sign Up now.
If you have any challenge with your Nigeria Payoneer account, use the comment box below to your drop question(s) or comments.
Thanks a lot
Hello, can i apply for a virtual card? And do i need a domicilary account before getting paid?
Yes, you can.
Weldone Mr Emmanuel, you are really doing a great job here. Please I need one clarification can I use my dormicilary account to withdraw my money from my payoneer account because I just don’t want to put myself into the MasterCard issue
No
How then can “an individual” fund his/her own Payoneer account since a note says :
Please Note!
Only ACH (US local bank) transfers in USD can be accepted.
Transfers must be made from a company account.
Transfers from individuals will be automatically rejected.
Wire transfers are not supported.
Transfers made from a company account owned by you cannot be accepted.
Payoneer account is meant for receiving payment, “mainly”
Good day…i want to know if one can withdraw with a different debit card other than the registered name on the account….i mean using a friend debit card to withdraw on my payooner Account
It will not work.
Pls can I transfer money directly to my local bank account and redraw through my local bank account not dominary act and how
Yes, with your payoneer card
Emma WHATSAPP me now it’s urgent pls, I need to send payment abroad via skrill come send and I’ll pay you in naira
Hello, I got paid in Pounds to my Payoneer account, is it possible for me to get the money transferred to my USD domiciliary account here in Nigeria??
You need pounds domiciliary account for it to be possible
Hi Emma,
Great write up. Please I have two questions
1. Is it possible for you to help me with my first time funding of my account in dollars? As I need to have a balance of at least $30 before requesting for the Master Card.
2. When withdrawing with the Master Card at Nigerian ATMs would the money be in dollars or Naira?
Thanks.
When withdrawing with the Master Card at Nigerian ATMs the money will be in Naira.
Funding, yes.
how much can you withdraw once from the Nigerian ATM using payoneer master card?
Normal Nigerian ATM withdrawal amount.
Hi, I just opened an account payoneer and I get royalties on Amazon. my fear is I saw a lot of negative reviews online about how some people never received their payments from Payoneer, has this ever happened to you or anyone you know and how many percent can payoneer be trusted especially when withdrawing from it into one’s Nigerian Domiciliary account, are there bound to be complications?
You can exchange if you can’t withdraw directly.
Hello
I finally open Payonerr account but I was told i must have 30:00$ before i can order for payoneer mastercard.
Can I fund my payoneer account through my ACCESS BANK visa debit card or Access bank savings account ? If yes how please
I need urgent response please
How to Fund Payoneer Account in Nigeria – 3 safest means!
What an informative and fantastic article it is! Actually, this article will be most effective for the audience. I hope, you gift us more article like this. Thank for sharing the most informative article
I have been using Payoneer card for 3 years now with withdrawal of over $10,000 dollars. The truth is you can’t withdraw into your local bank account if you get funded in dollars. You can only transfer from you Payoneer account to your local bank account if you are getting paid in Euro or Pounds. Thanks
thanks for the information.
in providing the my bank details,hope the account will not be hacked.also is nigeria one of the countries that can use payoneer.
It will not.
Are you aware that Nigeria is not among the countries allowed to have the withdraw to bank option in payoneer.
Get the Payoneer card to withdraw from your ATM in Nigeria
Please what is the threshold before i can withdraw fund from my payoneer through my local bank in Nigeria, i mean on first withdrawal.. somone said i need to have 200 dollar and i need to confirm it
Try withdrawing and the threshold will be shown to you.
withdrwaing money from payoneer account to nigeria bank account, i check and payonner only accept dollars and euro in nigeria, should i use my domiciliary dollar account or i should use my local bank account
Use your Domiciliary account and withdraw into Payoneer card
Thanks a lot for this article. It’s wonderful.
I do want to know one thing though:
With my virtual US account number from Payoneer, can a person credit my Payoneer account from their own personal account in the USA?
Payoneer prefers corporate account/business account.
hello, can i make a withdrawal to my payoneer mastercard from a freelance site like fiverr when i have not yet received nor activated my mastercard?
How will make a withdrawal to MasterCard that you have not yet received nor activated my mastercard?
It has Passed 5 business days but am yet to receive payment
What do I do please
Contact payoneer support.
Loving this post. But I have some questions
1. Can I transfer funds from my payoneer account to my bank account in Nigeria.
2. How much is the minimum I can transfer.
3. If no to question1. I need someone I can send my fund to so he can pay me in Naira very urgent.
Thank you
You can withdraw money from your Payoneer account with your Payoneer MasterCard in Nigeria
Great post. I have two questions.
1. Is it possible to add my domiciliary account to my payoneer account.
2. Can i transfer funds from my Payoneer to my Domiciliary account.
Thanks.
1. Yes, you can add your domiciliary account to your payoneer account.
2. I don’t know the possibility.
I’m trying to create a payoneer account…. I wanna know should I input my Nigeria bank details?
If you have domiciliary account, input the details of the account.
Does anyone know the rate that Payoneer uses for dollar conversion if you are withdrawing to your bank account.
Thanks
Official bank exchange rate of your bank.
It is nice seeing people using payoneer as means of bitcoin exchange.I am highly impressed to Nigerian joining the cue for bitcoin business.
can’t i transfer 100usd to my access bank plc from my payoneer account?
Withdraw with your Payoneer card.
i created a new payoneer account a few months ago,their is no order card option and the minimum bank withdrawal is $1000 …how fair is that???? how much do i need to put in my account before i get the order card option???
Apply for it.
nice Work ..@ Emma ..kudos…
Hello, great post! I would like to know if we should use domiciliary account, reason being that they pay in dollars or will they convert the money to our local currency?
It is will be converted to naira
I need payoneer partners in Nigeria to fund my card. Thanks
How much, if you are serious.
Can I link my payoneer account with a domicilliary account and just get paid in dollars rather than use the card to get paid?
Yes!
Hello, nice write up you got here!Pls I just want to know if there’s need for a domiciliary account,reason being that I will be receiving money in dollars or is it that payoneer converts the dollars in naira?
Yes!
Please, which one did you answer yes to? Do you mean that when I withdraw into my local Naira account in for instance, gtbank, will it be converted automatically to Naira?
Yes!
It’s a really article good you have written here!
I will appreciate if you know whether it’s possible to link two (2) differend bank account into one Payoneer account.
If this is possibly, i will also want to know if one of the bank account linked, is a Domiciliary account here in Nigeria and the other one is actually a U.S bank account.
One of them can actually fund Payoneer account or withdraw all the same ??
Personally, I don’t know the possiblility
Okay, I will update this article when I confirm it. Thanks for your contributions
Yes I do..I would have screenshot for you to see
I dont understand why is not bringing add a new bank option, is it becos I don’t have funds on my payoneer account ? ?
No! That’s not the reason. Please, try to use another different browser like chrome or Mozilla.
I followed the step you said to add a new bank account. . Wen I got there it display
You don’t have any available bank accounts at this time. For more information, contact us.
Though I don’t have funds on my payoneer acct at the moment
Pls am confuse ,
When you got where?
When I got to the page where I am supposed to add new bank it displayed
You don’t have any available bank accounts at this time. For more information, contact us.
Am confused
When I get to the page where I am to add a new bank it displayed
You don’t have any available bank accounts at this time. For more information, contact us.
Am confused
I don’t think you click to add new bank account.
Thank you very much for this article. Very helpful.
On a related note, how can I withdraw funds from PayPal in Nigeria. Do you have any tips.
Thanks
Read this: How to withdraw from PayPal in Nigeria as PayPal reject Payoneer card
thank you for the detailed information. However, i would like to know if it’s permissible to transfer to a domiciliary account in nigeria from payoneer?
thanks.
No, sir.
Hello onwuka, I just registered with payoneer but when asked for id card number I put that of my voters card since I don’t have national id I no hope it will be accepted
Thanks
I hope so!
In withdrawing to your local bank..the card cvv and card number required is it that of payonner MasterCard or local bank card?
good work Emma
have gone through all your response
nice job
I do work on Fiverr
I currently want to cash out my funds
so I need a payoneer ATM card
now my problem now is national ID which have registered for and its not yet out
I want to inquire if I can use a Friend’s national ID or a Friend’s driving license
No! You can’t.
can i pay through my bank account. I want to send money to my wife’s account
No sir!
Alryt Well Understood Tnkz!! Bro And You Are Doing A Great Job Here By Helping Fellow Nigerians.
I Don’t Really Understand You I Mean If I Can Transfer My Available Funds From My Payoneer Account To My Local Firstbank Account.I Don’t Mean Withdrawing The Money With The Master Card From Any Atm Machine,because I Want To Be Transfering Or withdrawing My Funds From My Nigerian Payoneer Account To My Local Bank Account.
Hello Wizdow,
I said you can only withdraw the fund from your Payoneer account using your Payoneer card and then deposit into Firstbank account.
Hi Emma I Have A Nigerian Payoneer Account Which I Opened Since Last Year And I Also Have My Card, But The Question I Want To Ask Is If It Is Possible To Transfer My Funds From My Payoneer Account To My Nigerian Firstbank Account I Want To Know If It Is Working And Also Details To Go About Tnkz.
Hello Wizdom,
Yes, it is possible if you are in Nigeria now. Here is what you should do.The Payoneer card is like any other ATM Mastercard. Use it to withdraw your Payoneer funds at any MasterCard supported ATM/POS worldwide and pay the money into your Nigeria Firstbank Account.
Hi Emma i just opened an account with payoneer today. but my question is, can i withdraw the money to my local First Bank Current Account ( i mean Naira Account not Dom Account) and also i’ve received confirmation from payoneer that i can now start using the account to receive money. please whats the next step for me to get my MasterCard, i’ll like to be clarified if Customer ID is my account number ? . thanks
Did you open your account through our Payoneer partner link?.
thanks for your reply… i only visit payoneer.com and registered so whats the next thing to do now though my account is active, but i don’t know if Customer ID is my Account number, then how do i order/get the MasterCard? thanks.
Hello, I have registered for close to 3 weeks now, I want to ask if I will be the one to request for the card or it is automatically requested when I complete registration because I didn’t receive any mail concerning the card shipping or date of arrival…thanks
Yes, it is good you request for the card. I will suggest you read this: How to Fund Payoneer Account in Nigeria – 3 safest means! The introductory part of the article will help you.
Hi, Nigeria is not listed among the countries that can receive funds what do i do, i have my card i have used it in dubai but never in nigeria, i get funds but i am stuck because i need to recieve my money through my bank and nigeria is not listed. kindly advise
Hello Ayo,
With your Payoneer MasterCard you can withdraw money in Nigeria from any ATM machine that accept Nigeria MasterCard. If the card you have does not work here in Nigeria then you have to apply for another MasterCard that will be send to you here in Nigeria.
yes..Can I also use voters card..?
Driving license, National ID or international passport.
hello please can I use my dad driver licence to get a payoneer card..?
Is driver License bearing your name?
Yes it is Payoneer Barclays account they give me for GBP and I mean can the account be fund like that.
someone can go to Barclays Bank in UK with the bank account and deposit money in the Payoneer Barclays account?
Do you have a Payoneer mastercard? if you do then login to payoneer account, copy your bank name, routing, account name and account type and take it to your bank (Barclays bank) to fund your payoneer mastercard.
Yes I have Payoneer mastercard and yes I have copy my Barclays bank account out in my Payoneer account and I send it to a friend that want to send me some money.
I told him to take the Barclays bank account details I gave him to Barclays bank in is location with my Barclays Bank account details I gave him with the money he want to give me so when he get there he should give them the details and the money that they should deposit the money in the account details for him.
Will it work like that?
Yeah, it will work.
Hello, I have a Payoneer account and also have the master card also but I am trying to add my stanbi IBTC bank account details to my Payoneer account and when I get to add Account page, I select personal bank account then when they said bank country , Nigeria is not there , is there any solution to that and also is there other way to withdraw my money here in Nigeria from my Payoneer account.
Hello Ayokunle,
Nigeria is there! Which currency do select?
Hello Ayokunle,
Nigeria is there! You can withdraw money from your Payoneer account here in Nigeria using your Payoneer MasterCard.
thank you Broda, can someone go to Barclays Bank in UK with the bank account details of Barclays and make cash deposit to the bank account details , can it work like that?
Do you have account with Barclays bank?
Will the account be credited in naira and at what rate? I’m not talking of domiciliary account here
In Naira and official bank exchange rate.