Creating a Payoneer account is a straightforward process. Please follow these detailed steps to create your new account successfully:
1. Visit the Payoneer website and click on the "Get Started" button.
2. Identify the nature of your business. It's recommended to select either "Freelancer" or "SMB".
3. Opt for the full capabilities of Payoneer by choosing "Get the full power of Payoneer to both send and receive global payment."
4. Estimate the volume of monthly financial transactions you plan to process through Payoneer.
5. Click "Register" to enter the registration page and enter your details.
6. Decide whether you're registering as an "Individual" or a "Registered Business". In this guide, we chose "Individual". Please remember that this selection cannot be modified once the registration process is complete.
7. Enter your contact details, including your address and phone number. You'll receive a verification code via SMS. Enter this code to proceed.
8. Set up a secure password, answer the security questions, select your business type (for example, the sale of physical goods), and provide proof of identity. Accepted forms of ID include a driving license, an ID card, or a passport.
9. Provide your banking details, and read and agree to the terms and conditions and the pricing.
10. Your application will be reviewed by Payoneer, a process which can take between 2-3 working days. You'll receive an email notification once your account is approved.
