Can Payoneer be used in India?

Payoneer offers freelancers, professionals and business-owners in India the ability to receive payments from US or EU companies. The funds are then transferred automatically from your Payoneer account to your local Indian bank account in INR on a daily basis, so that you receive your funds quickly and at low cost.

Can I use Payoneer with bank?

You can now easily manage bank accounts in your Payoneer account. In Bank Accounts, you can: Add a new bank account for withdrawing funds. Add a new recipient bank for paying your recipients.

How can I receive money from Payoneer in India?

Payoneer Request a Payment – Request a Payment directly from your international clients

1. Create a payment request in your Payoneer account.
2. Attach your invoice for this transaction.
3. Your customer can securely pay online via credit/debit card, ACH bank debit (for US payers) or our Global Payment Service.
4. Important!

Is Payoneer approved by RBI?

Payoneer which was once banned from India by RBI, is now back in action & have resumed their service for Indians. With Payoneer, you can quickly receive payment from US or EU companies. Unlike other countries, you won’t be getting a Payoneer prepaid card.

Can I withdraw money from Payoneer in Indian bank account?

Will the funds be transferred in Payees local bank account? In India, payoneer will transfer money directly to the payees local bank account in INR. This transfer will be done on daily basis. However, the payee cannot withdraw funds from payoneer through paypal or e-wallets.

What is Payoneer bank name?

Faysal Bank
Faysal Bank and Payoneer have joined hands to meet the needs of Freelancers in Pakistan.

Can I have 2 Payoneer accounts?

No, you can have only 1 Payoneer account on 1 CNIC. Payoneer first confirms your identity then approve your account. It is not possible to create multiple accounts on same ID Card. So, If you want to create another payoneer account you need to create on your father, mother, sister or brother ID Card.

What percentage does Payoneer take?

Quick Comparison

	PayPal	Payoneer
Cost	3.4\%-3.9\% of the total transaction amount, plus a small fixed fee	Between 0.5\% to 0.9\% of the transfer’s volume
Speed	1-2 days	0-3 days
Mobile App	Yes	Yes
Currency Conversion Rate	26	100+