Payoneer enables you to pay suppliers in 200+ countries while allowing your clients to pay you in their local currency or in USD via their preferred payment method.
Challenges: We needed a payments solution to effectively manage our incoming USD payments while allowing us to easily pay our suppliers in several different currencies. After trying out other payments solutions, including Wise, Paypal and Stripe, I saw that Payoneer had the best solutions for my business, by far.
Solutions: With Payoneer I can receive wire transfers (SWIFT) in USD from our clients in the UAE, which I can then withdraw at local bank. For my outgoing payments, I’m able to send funds to our suppliers via bank transfer in their preferred currency, even if they don’t have a Payoneer account.
Hala Beauty is a wholesaler of branded beauty products from the US, South Korea and Malaysia, which are then distributed to UAE-based retailers. We are incorporated in the US with suppliers all over the world, including in Hong Kong and Australia.
Challenges: As a global wholesaler/distributor to retailers all over the world, we needed a payments solution to help us collect and manage a variety of local currencies, which could then be converted and withdrawn to a USD denominated bank account.
Solutions: Payoneer local receiving accounts enable me to get paid in different currencies, including HKD, AUD, EUR and USD, which I can then convert and withdraw to my USD bank account at a fixed fee. Furthermore, with Payoneer, I can process incoming payments, including wire transfers and credit card transfers with lower fees than Paypal. Lastly, the ability to integrate my Payoneer account with Xero online has greatly simplified how I manage my business’s accounting.
Golf Shafts Asia is a global wholesaler/distributor with entities in Malaysia, the US, Australia, Thailand. We sell to golf shops, clubfitters, green grass Pro Shops and PGA Golf Professionals in over 25 countries spanning six continents.
Receive and send payments in 200+ countries.
Accept payments in multiple currencies, choose how to use your funds.
Receive payments faster, as if you were paid locally.
Save on FX and transfer costs, and pay suppliers free of charge.
No need to open a foreign bank account to receive your payments from global clients.
Just share your Payoneer local receiving account details as if you were a local! Your clients can pay you in their local currency via bank transfer.
Routing number and Account number
Bank code, Branch code and Account number
BSB code and Account number
Bank code (SWIFT/BIC) and IBAN
Routing number and Account number
Bank code, Bank name and Account number
Institution number, Transit number and Account number
UK sort code, Account number and IBAN
Do your clients prefer to pay in USD?
Get your SWIFT code and enable your clients, wherever they are,
to pay you in USD via international wire transfer.
It’s easy for your client, and fees are much lower than at a traditional bank.
With our currency conversion services, you can convert 150+ currencies.
Ensure you always have the currencies needed for your global payments. Converted funds appear in your balance in minutes.
Funds are converted at applicable market rates while our 0.5% fee of the amount transferred is automatically deducted.
Get the currencies you need for your global payments.
Pay your suppliers and business partners in 200+ countries efficiently in a few clicks from your Payoneer accounts.
Pay your suppliers via bank transfer and send up to 200 payments at one directly to your recipients’ bank account.
Payments to Payoneer accounts are FREE OF CHARGE and made within 2 hours!
Convert your funds at competitive exchange rates and withdraw your earnings in any country.
Connect your Payoneer account to multiple bank accounts.
Set monthly, weekly, or instant automatic withdrawal schedules.
Withdraw to your local bank account in over 150 countries and currencies.