What Is Payoneer?

Payoneer

tinyurl.com/payowner-online

This is an online payment facility that partners with some of the biggest international freelance websites like Elance. iStockPhoto and Desk. It offers a Pay one card in collaboration with over 250 brand partners. This card allows you to directly withdraw money from any ATM machine that accepts MasterCard. Every time you earn money for online work, you can have those earnings transferred to your online Pay owner account and then withdraw funds when required - directly from an ATM.

Pay owner charges you for three different activities: activation, loading and monthly maintenance. Activation fee is approximately 20 US dollars (one-time); loading fee is between 1.50 to 4 US dollars; the monthly maintenance fee ranges between 1 to 3 US dollars. Funds are usually available on your Pay owner card within two business days and the card cannot sustain zero-balance for more than 60 days; it is automatically deactivated after the said duration.

These cards can also be used while travelling, since they are accepted at all shops, restaurants, online outlets and ATMs that accept MasterCard. Also, the card holder can authorize others (relatives, spouse and/or colleague etcetera) to load additional funds to the account.