Subject: How to Make a Payment From Your Payoneer Account
What’s more, payments to other Payoneer users are FREE! Go ahead and make a payment now or get the step-by-step instructions below.
* If Make a Payment is not enabled in your account, scroll down to read more about eligibility.
How Does it Work? How to Make a Payment?
Whether you’re paying another Payoneer user or someone outside of our network, making payments with Payoneer straight from your account balance allows you to conveniently track all your transactions from a single location. To start making payments, all you need to do is follow the steps below:
- On the Make a Payment screen in your account, choose whether you’d like to pay a recipient’s Payoneer account or to a recipient’s bank account. If you’re paying a recipient who is not yet a Payoneer customer, you can invite them to sign up. After registering, your payments will be free and you both might be eligible for a bonus!
If you’re paying a recipient using Payoneer, simply enter their email, click next and enter their payment details along with the payment amount. For step-by-step instructions on how to make a payment to another Payoneer customer, see our FAQ.
If you’re making a payment to a recipient’s bank account and this is the first time you’re paying them from your Payoneer account, you’ll first need to add their bank details. To do so, simply click Settings at the top of your screen and select Bank Accounts from the dropdown menu. You’ll then be able to enter the recipient’s payment details along with the payment amount.
- After entering in the payment details, click Review to double-check that the amounts you entered in are correct.
- Once you’re ready to pay, click Pay. You’ll then see this confirmation screen containing your transaction ID.
Why Am I Not Eligible to Pay A Recipient Using Payoneer?
There are two possibilities – you either need to gain eligibility or there is a limitation for your account. Let’s look at both scenarios:
Eligibility
To be eligible to pay recipients using Payoneer, you must be receiving payments from Payoneer partners or directly from clients into your Payoneer account.
Have you filled out the questionnaire and provided a copy of your photo ID? Sometimes we need just a bit more information about you before we can open the service, so if you haven’t already, be sure to provide this information.
Limitations
This service may be limited based on partner, country, or industry. For more information, please contact Customer Care.
Need to make a payment in dollars but don’t have enough funds in your USD account? No problem! With our manage currencies service, you can transfer funds automatically between your different currency balances.
** Payments to recipients using Payoneer are free and typically arrive within two hours. Payments to recipients’ bank accounts are typically processed on the same day. In rare cases, they can take up to two business days.