I'll start off with the basics in case you're not sure how Payoneer works.

As their name implies, Payoneer are true 'pioneers' in the global payment processor sector and there isn't an easy comparison to be made between Payoneer and other services like it. To save you time figuring it all out, here's a summary of how Payoneer works and what they can do for you as an international freelancer, author, or affiliate marketer.

What is Payoneer?

Payoneer is a global payment processor similar to PayPal and Moneybookers (AKA Skrill) which promises a safe, secure, and affordable online payment solution for international freelancers and affiliate marketers who make their money online.

The Payoneer prepaid MasterCard works like any other re-loadable MasterCard prepaid debit card that you can get at your local bank branch, with a few small differences.

Following is a quick and up-to-date summary of how the card works, as of 16 January, 2013.

What do you get with the Payoneer MasterCard debit card?

  • A physical MasterCard prepaid debit card.
  • An online card account linked to your MasterCard card which you can use to view your balance and transaction history, as well as manage your account and personal details.
  • A 25$ Free for signing up

How can you use the Payoneer MasterCard debit card?

You can receive credit/debit card payments from anyone with Visa or MasterCard, from anywhere in the world. This service comes with a small processing fee per payment, and the maximum amount you can receive from a single credit card payment is $1000.

You can receive Direct Deposit payments from corporations such as Amazon and PayPal through Payoneer's US Payment Service. The transfer fee for the US Payment Service is 1% of the total amount received. You'll get paid directly onto your card, rather than having to wait for an international check and paying exorbitant clearing fees on your earnings.

You can receive online payments in US Dollars from Payoneer-approved partners (for example: Elance, oDesk, MediaWhiz, Media Shakers, Conduit, and dozens more). Receiving payments this way is completely free for most partners and takes two days to load, although you can also pay an extra $2.50 if you need the cash within 1-2 hours of requesting it.

You can pay for goods and services online as well as in brick-and-mortar stores that accept MasterCard. It has the convenience of a credit card for online payments, with the beauty of a prepaid debit card since you cannot spend more money than you have in your account. There is no extra charge added to your purchases when you use the Payoneer card directly.

You can withdraw cash in your local currency from any ATM with the MasterCard logo visible on it somewhere - there are more than 1 million of these ATMs worldwide. The fee for a standard ATM cash withdrawal is $3.

If you don't already have an account with one of Payoneer's partners, you will have to sign up for your Payoneer card directly from the Payoneer website. The yearly card fee is $29.95, which is deducted from your balance automatically so you don't have to worry about renewing it. There are no monthly maintenance fees when you sign up for your card via Payoneer.

Please note that Payoneer does provide a few other services such as Global Bank Transfers and the US Payment Service; however, I will not be covering these in this review as I do not use the Global Bank Transfer Service and have only recently been approved for the US Payment Service.ing my freelance earnings on Elance and some affiliate commissions (e.g. Amazon, ClickBank, LinkShare), I can recommend both Payoneer as a company and the Payoneer prepaid debit card to anyone.

My initial concern when signing up with Payoneer was how long the payments would take to clear, but as it turns out I was worrying for no reason. I have never had a problem with my payments coming through; they have been processed and loaded into my account within the promised two-day waiting period each and every time.

As for paying for things with my Payoneer card, so far I've yet to come across a checkout method that prevented me from purchasing - i.e. it just works.

How to get your own Payoneer card + $25 bonus

Payoneer is running a special 'Refer-A-Friend' promotion for a limited time which means that if you sign up through an existing cardholder's referral link now you get $25 added to your Payoneer account when you've transferred over $100 in earnings or deposits to your card.

Deposits that qualify towards the $25 bonus include loads from your PayPal account to your Payoneer card using the US Payment Service, as well as from any other company on the US Payment Service White-list. GET YOUR OWN NOW

Applying for your card is quick, easy, and you don't even need an existing bank account to do so. Once you sign up with Payoneer, your card is shipped to you for free and will arrive in the mail within a month.

1. Can I use the Payoneer prepaid debit card to verify my PayPal?


Yes. The US Payment Service (USP) allows you to transfer funds from your PayPal balance to your Payoneer card. Payoneer's USP is free to activate and the transaction fee is a measly 1% of the total amount transferred.

You will be able to confirm and verify your PayPal account once you have your US Payment Service details (i.e. your virtual US bank account number and routing number).

2. Can I use the Payoneer card + US Payment Service to receive money from Kindle Direct Publishing (KDP)?

Yes. To view the complete list of companies from which you can receive US ACH / Direct Deposit payments (e.g. earnings, commissions, royalties), see the US Payment Service Whitelist. KDP is a subsidiary of Amazon.com, Inc. and is therefore approved for the US Payment Service.

Don't forget to sign up through your Refer-a-Friend link because you won't be eligible for your referral bonus if you sign up through any other page.
Both you and your friend will receive your rewards. Please note your friends must use your specially provided link so that we can associate you with your friends.

Yes, your friend will also have 25usd directly to their payoneer accounts so both of you will benefit from using referral link

If you don't have verified paypal accounts you can easily verify it using my virtual credit cards