Invoice Payment with Payoneer

Growing your business internationally is an important milestone but presents challenges for receiving and sending cross-border payments. For global freelancers and independent contractors, an additional consideration when billing clients internationally is issuing invoices and tracking payments. For businesses paying international suppliers of goods and services, finding the best method of paying invoices is vital to maintain ties with vendors and keep costs on international money transfers low.

Payoneer delivers invoice payment solutions that let businesses pay and get paid, quickly, easily, and from anywhere.

Requesting a Payment

Payoneer makes it easy to request payments from your clients directly from your Payoneer account. All you have to do is send a detailed payment request and, if you choose to do so, attach an invoice using the integrated free invoice builder. Your client will receive the payment request and attached invoice by email, with instructions on how to pay along with supported payment methods.
So, how do you send an invoice and request a payment with Payoneer?

Free Invoice Builder

Payoneer’s built-in free invoice generator includes a range of customizable templates, including localized invoices with adjustable tax rates and currencies, making this service ideal for international merchants, freelancers, and independent contractors. Templates are also available for specific industries and services, giving you a range of invoicing options and also enabling you to add payment terms and methods to the invoice itself.

From within the Free Invoice Builder application, create a free, customized international invoice. Payoneer’s integrated invoice templates include fields for the following information:

• Date of invoice issue
• Unique invoice number
• Company information
• Customer information
• Quantity and description of supplies
• Date and point of supply
• Total amount payable
• If you are registered for VAT, use an invoice template that includes fields for tax rates and values.

When you are done creating your invoice, just download it and save it to your computer.

Paying an Invoice

Paying contractors, remote employees, freelancers, suppliers, and other service providers on time and in full is integral to maintaining business ties and operational capacity. As more organizations seek outsourced suppliers and contractors, the need for secure cross-border payment solutions has increased. Banks and money transfer operators often charge high transaction and currency conversion fees and can take time to process international payments.

At Payoneer, paying international invoices is inexpensive and fast.

How do you send a payment for an invoice issued through Payoneer?

When you receive a payment request from a Payoneer customer, all you have to do is click ‘Pay Now’, to be redirected to the Payoneer payment platform. If you are already a Payoneer customer, you can log in and pay off the invoice in just a few easy steps.

• Under the ‘Activity’ dropdown menu, select the ‘Payment Requests Received’ option.
• Select the relevant payment request and click ‘Pay’.
• If it’s your first time paying with Payoneer, select the preferred payment method – credit card, local bank transfer or ACH bank debit – and then enter your details.
• Click ‘Pay’ and your payment will be issued.

If you still don’t have a Payoneer account for sending payments, register to benefit from low cost, transparent solutions for managing your international invoice payments and sending business payments. You will be able to send international payments to over 200 countries and territories, on your own terms.

Summary

Payoneer’s integrated free invoice builder lets freelancers and contractors issue compliant invoices for clients around the globe. With a wide range of easy-to-customize templates, including tax-compliant and industry-specific options, requesting payment for supplies or contractors is simple and transparent. Just create your invoice, download, and attach to your payment request. For SMBs receiving payment requests, paying off invoices is inexpensive, fast, and trackable.

For comprehensive cross-border payment solutions and international invoicing, Payoneer has you covered.

Click Here to register and start sending invoices