As soon as Payoneer receives a payment from your Payoneer payment company, you will receive an e-mail with the message “Good News” telling you how to load the money onto your card. There are two collection options: “instant fees” (the funds will be settled within two hours) and “standard fees” (the funds will be settled in a few days). The tariffs for each load option will then be displayed.
You can also download your balance from your Payoneer account by selecting the Payment History tab in the menu activity. You have the option to settle your outstanding balance.
Keep in mind that your Payoneer transactions / payments may take several hours to think about your account. Once your payment has been debited from your account, it may take up to 6 hours for your online transaction / payment list to be updated.
Payoneer offers several ways to receive payments. You can use your Payoneer account to receive money from Global Payment Service companies in the United States, the European Union, the United Kingdom and Japan. You can pay your customers directly and send payment requests to the billing service. And if you work with a company that is directly connected to Payoneer, you can only link them to your Payoneer account.
The function Execute a payment service allows the transfer of funds between Payoneer accounts for commercial purposes. For example, if you are part of a development team and your team leader has received a payment for a project in your Payoneer account, you can send your share of the payment conversation by e-mail. It works like this:
As the sender of the payment logs in your Payoneer account, go to the “Payment” tab and select a payment service.
Enter the e-mail address and payment amount associated with your Payoneer account
You will receive the payment on your Payoneer account
Most payments are completely free thanks to the foundation. Within two hours, a payment is made for a payment service provider and the service is executed.