How To Open A Free Payoneer Account In Nigeria
When it comes to doing business online from Nigeria, Ghana, Cameroon, and other parts of Africa, one of the most difficult aspects is receiving payment for your services. This is due to the fact that well-known payment apps like PayPal, Transfer Wise, and others have imposed a slew of restrictions on transactions involving anyone in these locations.
Payoneer is an alternative platform that we discovered. Whether you’re a freelancer, a business owner, or a professional in Nigeria, Ghana, Cameroon, or anywhere else in the world, Payoneer can help you. Payoneer is an online financial services company that provides hassle-free online money transfers from anywhere in the world to your bank account. They also accept payments for e-commerce services.
This article will be focused on what you need to open a Payoneer account, how business owners, freelancers, or professionals can open their Payoneer accounts in Nigeria.
How To Open A Free Payoneer Account In nigeria
Here’s a step-by-step guide on how to open a Payoneer account for free from Nigeria or anywhere else in the world:
- Visit Payoneer website and tap Sign Up
- Fill out the online form.
- Please provide your email address.
- Use your registered email address to confirm your newly created profile.
Congratulations! Your first Payoneer account has been created.
How to Send and Receive Money through Payoneer
Having created your Payoneer account, the next thing is to start sending and receiving money to and fro your clients.
Here is a step-by-step procedure on how to send money using Payoneer and also how to receive money using Payoneer.
How to send money using Payoneer
- Login to your Payoneer Account
- Click on Pay
- Select Make A Payment
- Select your Payment Method
- Choose where you want to send the money to (Beneficiary’s Payoneer account or Bank account)
- Tap Make Payment
How to receive money using Payoneer
Here is a step-by-step procedure on how to receive money to your Payoneer account using two methods.
Email Address
This method is known as peer-to-peer. That is, it can only be used by two Payoneer users.
Request Payment
- Login to your Payoneer Account
- Tap Receive
- Click Request Payment
- Enter sender’s necessary details
- Submit
How to get free Payoneer Card in Nigeria
A Payoneer card is a physical or virtual debit card which you can associate with any currency balance in your Payoneer account. This card can be used at ATMs, in stores, or online anywhere Mastercard is accepted. They work like your normal ATM cards and are acceptable worldwide.
For instance, if you got some money in one of your Payoneer accounts and you wish to spend it straight from it, all you need to do is use your Payoneer card to withdraw cash and use it.
Note: Eligibility is based on a minimum of $100 in payments received to your Payoneer account in the last 6 months, not including payments from e-wallets such as Paypal or Skrill.
Here is a step-by-step guide on how to request for the Payoneer MasterCard or Visa card:
- Login to your Payoneer Account
- Tap Settings
- Choose Payoneer Cards
- Order Card
The processing time for this is 2-5 business days and is delivered to your registered address.
