There are a lot of financial service businesses that provides online moneytransfer particular for payments done online. If you are an onlinebusiness owner, blogger, or just someone who loves to shop online, thenyou may have met several e-commerce companies that allow you to pay orto receive payments online. Most popular of them all is of coursePaypal. However, there are still some countries which Paypal’s servicesare not yet available. Thus, the need for alternatives.
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Payoneer’s US Payment Service is a premium service that allows users to receive direct deposit payments from select UScompanies directly to their Payoneer Prepaid MasterCard.
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One of the the rising stars in the e-payment industry is Payoneer, afinancial services business founded in 2005 by then-CEO Yuval Tal andsome private investors. Payoneer is similar with Paypal but it hasseveral distinct features that make it standout.
Why use Payoneer? Here are some reasons why:
Security. Payoneer regularly updates and improves their technology to protect their customers from fraud.
Currency. Currently, Payoneer supports over 100 currencies worldwide. Thisincludes the Philippines. The Payoneer MasterCard automatically converts foreign currencies to local pesos at competitive rates.
Free MasterCard. Payoneer issues a free MasterCard when you apply for their services.You can use this card to withdraw your money at any ATM machines. Plus,when you lose this card, they can replace it for you.
Free USA Virtual Checking Bank Account. Through this feature the transfer of money, like payments, from USbanks to Philippine-based bank accounts takes only minutes. This is agreat leap from most remittance companies who can send your money fromthe US to the Philippines in weeks if not months!
Apps. Another amazing feature of Payoneer is the availability of apps whichusers can use to transact on the go. And they’re also available forfree! This removes the hassle of going to ATM machines which also charge fees for some transactions.
Account to Account Money Transfer. There is no need to deposit money at someone else’s bank account.Through using this very helpful Payoneer feature, anyone can send moneythrough the computer from one Payoneer connected bank account toanother.
Money Transfer to Local Bank Accounts. This is currently a limited feature but as Payoneer expands its reachwe can expect it to provide this service to more customers around theworld. Through this feature one can send or pay directly to a seller’slocal bank account by using a Payoneer account.
Unparalleled Customer Support. This is where Payoneer really stands out! Paypal is notorious forhaving really poor user-friendly interfaces and customer support.Payoneer addresses this difference by providing a strong customersupport available 24 hours a day, 7 days a week, 30 days a month. Wherewill else can you find that kind of dedication to customers?
There are four easy steps to apply for a Payoneer account:
- Visit the Payoneer website here.
- Click the SIGN UP button and accomplish the application form.
- Activate your MasterCard and wait for 2 weeks to receive it.
- Once MasterCard arrives, apply for Payoneer US Payment service.
Payoneer is obviously a great alternative to Paypal and other e-commerceservices company worldwide. And because of its many valuable features,more and more people are considering to use it or are even switching toPayoneer now for their online money transactions.