If you have been hearing people mention Payoneer and you have no single understanding of what they are talking about then read my below explanation to learn how it works.
What is Payoneer and How does it work?
Payoneer is a global payment service which allows you to send and receive money from overseas without issues. But that’s not the really and main reason why Payoneer is high in demand here.
Payoneer gives you two major bank accounts as soon as your registration is activated with them. You get UK bank and USA bank from them in common. There are other banks which might be available but we only focus on those two since they are the once we need in common.
So with Payoneer you easily get USA or UK bank account without you been a citizen. And with this bank you can send and receive money worldwide without issues. let me further explain.
Most of the online businesses today requires Payoneer to pay you e.g Google AdSense, since they are international companies. What they will request is your USA or UK bank if you’re using USA or UK AdSense or if you’re working with other companies that pays with Payoneer.
Since Payoneer render the required banks, all you need to do is give them your Payoneer account details and you will get your payment directly to your Payoneer account. Now after getting your payment, Payoneer allow you to withdraw the cash directly to your local bank with little transaction charges. Boom you can now feel comfortable in getting payments from international companies which accept Payoneer as their payment methods.
Another crucial reason why Payoneer is hot in demand in Nigeria is the fact that you can use them to withdraw from PayPal in Nigeria. With the aid of Payoneer, you can create USA PayPal account, Connect your Payoneer and get your funds transferred to your Payoneer with ease. With this you need no war with any PayPal exchanger. You can read that in details here.
Having known this, you should be searching for a good guide on how open payoneer account in nigeria and that’s what am here to share with you so feel relax and see the steps below.
how open payoneer account in nigeria
There are just 4 easy steps to sign up Payoneer account in Nigeria and below are the steps.
Step1: Visit Payoneer official website and click on the signup button and you will see a new page as shown below.
Fill in your real names, Working email address and date of birth and click on the next button.
Step2: Select your country, Your home address, your zip code and your phone number (use a real mobile number please in case of verification) after that click on the next Button
Step3: fill in Your security details correctly just in case any issue arises you can solve them without loosing your Payoneer account. after that select the next button.
Step4: Fill in your Nigeria bank details correctly
After filling your Bank details wait for them to review your account and you will get a message from them.
Some times it may take 24hrs or more to activate your account, I have even come to instance where it took about a week but sometimes it takes just hrs.
The last Payoneer i created in order to capture the steps were easily approved less than 40munites : See the below screenshots time and dates.
Wrapping Up: Open Payoneer account in Nigeria Free
The above steps are all that’s required to get your Payoneer account done. With the above steps you can create Payoneer for yourself or for any other person.
Note: When your Payoneer account isn’t fully approved you won’t get access to the entire dashboard, such as UK and US bank details and others but as soon as you get the approval message you can now check back on your Payoneer to see it has been activated with the complete dashboard.
Before you exit this page i will want you to read two other helpful related articles : How to withdraw from Payoneer in Nigeria and how to link Payoneer bank with PayPal. Don’t forget to share and tweet this page.