Transfer money using Payoneer in just a couple of easy steps

by Teodor Nechita
Teodor Nechita
Teodor Nechita
Software Managing Editor
Eager to help those in need, Teodor writes articles daily on subjects regarding Windows, Xbox, and all things tech-related. When not working, you may usually find him either... read more
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payoneer how to transfer money

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If you are looking for a company that provides online money transfer and digital payment services and working capital solutions, then Payoneer is a go-to solution.

This service is similar in many ways to other well-known services, such as Revolut, PayPal or Monese.

Of course, since a major part of using Payoneer revolves around your sending and receiving money, knowing how to make transfers is a must.

As such, for those of your new to Payoneer, we’ve assembled a step-by-step guide on how to transfer money via Payoneer efficiently.

How do I transfer money with Payoneer?

1. Make a payment

  1. Go to the official Payoneer Website
  2. Sign in using the Payoneer account
  3. Hover your mouse over the Pay button
  4. Select Make a Payment in the dropdown menu under Pay
  5. Complete the form with your recipient’s details:
    • This includes the recipient’s email address
      • The recipient’s email address needs to be registered to a Payoneer account
    • The amount you wish to send
    • The type of transfer (purpose of the transfer)
    • Add a note
      • This is purely optional and acts as a side-note for both you and the recipient
  6. Click Make a Payment
  7. The payment sent to your recipient’s Payoneer account

2. Transfer money from your Payoneer account to your bank account

  1. Go to the official Payoneer Website
  2. Sign in to your Payoneer account
  3. Go to Withdraw
  4. Select To Bank Account.
  5. Select the currency balance or the card you want to withdraw funds from
  6. Enter the specific withdrawal details:
    • Choose the bank account you want to withdraw to
    • Write down the amount of money you want to withdraw
  7. Click Review
  8. Press Withdraw

3. Make a Payment Request through your Payoneer account

A Payment Request is Payoneer’s version of receiving money from an institution that owes you, similarly to an invoice.

  1. Go to the official Payoneer Website
  2. Sign in to your Payoneer account
  3. Go to Receive
  4. Select Request a Payment
  5. Complete the form with your recipient’s details:
    • This includes the individual or company’s email address
      • The individual or company’s needs to be registered to a Payoneer account
    • The amount you wish to send
    • The type of transfer (purpose of the transfer)
  6. Add a Payment due by date

By following these steps you’ll know exactly how to send and receive money using Payoneer.

If you have any other Payoneer-related guides you want to ask of us, do not hesitate to do so in the comments section below.

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