The amount of persons earning a living online has increased each year as businesses seek out better ways for their workers to work remotely, and as more entrepreneurs search out successful businesses online which has become one of the fastest way for anyone to start a business. It is said that paper money will soon become a thing of the past as electronic transactions have quickly become a necessity due to business transactions that are taking place between persons across the world and also due to the fact that these electronic transactions are in many ways allot more convenient.
The credit card dates as far back as the 1900s and today is one of the number one means by which electronic transactions are based. There are so many electronic transactions taking place across the internet: PayPal transactions, wire transactions between banks, and now the increasingly popular mobile payment systems such as Apple pay which utilize your credit card as a means to make wireless payments with the help of a smartphone.
Established in 1998, PayPal has become one of the number one means of paying for goods and getting paid online, but sadly PayPal has its limits. While it’s very easy to set up a PayPal account and receive payments, getting your money out of PayPal is another story. If you are living in one of the major countries such as the US this is no problem since you can easily access a PayPal debit MasterCard to withdraw cash from an ATM machine, but sadly this card is not available in most countries across the world.
This is where Payoneer shines, “Founded in 2005, Payoneer is an industry-leading global payments company accelerating growth for its customers by improving the way they manage and pay partners, affiliates and independent workers in more than 200 countries worldwide. Payoneer provides a simple, secure, compliant and cost-effective way for companies of all sizes to offer superior and cost-saving payments options including: prepaid cards, deposits to local banks worldwide and global wire transfers. Payoneer works together with our issuing banks to market, manage, and service prepaid debit MasterCard cards.”
Similar to PayPal Payoneer offers a very quick and easy way for you to set up an online account to receive and issue payments online, and Payoneer also offers debit master cards for account holders to easily withdraw money at a local ATM.
A very big advantage of Payoneer over PayPal is that Payoneer’s debit MasterCard are not limited to major countries such as the US. You can access a Payoneer debit MasterCard from up to 200 countries across the world.
As of July 2015 Payoneer has made it very easy for account holders to easily accept credit card payments online. If you have already signed up and receive a Payoneer debit master card in the mail, all you have to do next is to navigate to request a payment sub menu option which is located below the receive payments menu option, enter the details of the payment you wish to receive in the simple form provided then fill in information of the company or individual you wish to receive payments from. After you have completed these steps you can preview the payment request then send it off to the recipient.
Payoneer reviews the payments that are sent and it takes only two business days after approval for you to be able to withdraw your money using you Payoneer debit MasterCard from a local ATM machine.
In addition to receiving credit card payments from individuals across the world Payoneer also provides one of the only solution for individuals in countries where Paypal debit MasterCard are not supported to withdraw money from a PayPal account.
Payoneer has a continuous promotion going so if you are looking to sign up for a Payoneer account please do so through this link that I provide here and you will receive US $25 simply for signing up and adding or receiving money to your Payoneer account.
I have been using Payoneer for over a year and I highly recommend them to anyone looking to issue or receive credit card payments or any other type of payments online.