How to use funds you have in your Payoneer account
Besides the multiple ways to get paid using Payoneer, there’s also a lot you can do with your funds once you receive them. Here are the ways to use the funds in your Payoneer balances:
Withdraw money to your local bank account in 150+ countries. Funds arrive in your account typically within 1-3 business days and can be exchanged into your bank account’s currency at competitive rates.
Pay international contractors, freelancers, suppliers, employees, and other service providers quickly and securely using the funds in your Payoneer balance. Learn more about the ways you can pay:
Pay for digital ads, services, and other business expenses with a Payoneer Commercial Mastercard®. Choose between a physical card or virtual card to use at ATMs, in-store, online, or anywhere Mastercard is accepted.
Always have the currency you need by transferring between your currency balances. Pay suppliers around the world in their preferred currency, no matter what currency you receive.
Pay VAT authorities directly from your Payoneer balance for free, avoiding currency conversion fees and international wire transfers.