How to Withdraw Money from Payoneer in Nigeria | Can I Withdraw from Payoneer in Nigeria: Welcome to our blog. In today’s post, we will be sharing with you all the steps you need to follow to figure out how to withdraw funds from your payoneer account to your local bank account. If you want to see how to link your local bank account to payoneer, you can click here.
This article is all about how to receive money from payoneer in Nigeria. However, before we shall proceed to the steps you need to follow to get that done, let’s take a brief look at what payoneer is all about.
So what is Payoneer?
Payoneer is a financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Payoneer account holders can send and receive funds into their bank account, Payoneer e-wallet, or onto a re-loadable prepaid MasterCard debit card that can be used online or at points of sale. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Companies like Airbnb, Amazon, Google, and Upwork use Payoneer to send mass payouts around the world. It is also used by eCommerce marketplaces such as Rakuten, Walmart, and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium sized businesses to send payments anywhere in the world quickly and cheaply.
Payoneer Login
If you have signed up for a payoneer account, you can follow the below guide to easily login.
- Launch your pc or mobile phone
- Next, enter payoneer.com in your browser and click on the search button to continue to the payoneer official website
- Now, go to the top right corner of the page and click on the login button
- Enter your email address
- Enter your password
- Next, do security check and then lastly, click on the login button and you will be taken to your profile page
Those are the steps you need to follow to easily login your payoneer account.
If on the other hand you are yet to payoneer register account, you can also follow the below guide to create payoneer account.
Payoneer Register Account
We have treated the concept of payoneer register account here. However, you can see a quick guide on how to create a payoneer account below.
- Visit Payoneer.com in your browser
- Click on the signup button on the Payoneer official webpage
- Next, fill out the form that appears by entering your full names, email address, and others
- After filling the above form, you will need to click on the next button to continue. Afterward, enter your password and also set up your secret questions and answers
- Choose your ID card type. This could be your driver’s license, National ID or other government-issued ID cards
- Click on the submit button
That is how to create a payoneer account. Bear in mind that you may need to confirm the action. If you are required to confirm your email, go to your email address and click on the confirmation link sent to you by the payoneer team.
I hope the above steps has guided you on how to register a payoneer account.
Having done that, let’s now proceed to the main business of the day, how to receive money from payoneer in Nigeria.
Can I Withdraw from Payoneer in Nigeria?
Yes! Payoneer is available in Nigeria and residents of Nigeria can use it to send and receive money online.
The process involved in withdrawing money funds from Payoneer in Nigeria is pretty simple and easy. However, before you can get that done, you will need to add your local bank account to the platform. Note that you can add more than one bank accounts to your Payoneer account.
If you have added your bank details to payoneer, follow the below guide to withdrawing money from payoneer.
Login your payoneer account
Next, you will need to use the menu to go to Withdraw and then select Bank Account.
Select the currency balance or card you want to withdraw funds from.
Enter the withdrawal details
Now, you will need to click review. This action will trigger your withdrawal details to appear.
Review the details of your withdrawal and make sure everything is correct. If you need to change anything, click Edit and make the necessary changes.
If your details are okay, click to check the approval box
Lastly, click withdraw and you are done.
Your money has been sent.
Those are the steps you need to follow withdraw funds from payoneer in Nigeria.
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