Skip to main content

Payoneer the Best Option for Receiving Money Globally for Indians

     Hello friends, today i am writing an article for you which, will save you 71% charge on receiving international Payments. We as bloggers have clients from all over the world and they pay us through online payment services like Payoneer and PayPal or through wire transfer. But the problem is the extra charges you have to pay for every transaction done by you and the time delay for successful transactions.

    After reading this article, you will save more on receiving payments from your international clients. No need to pay charges when you receive money and get it transferred directly to your local bank. So this review will help mainly Online freelancers and SMEs.  

     So guys, read, think and select the most suitable way of receiving money in your account and save more of  your International/global/foreign payment.

 Payoneer


Payoneer

      It is an online platform which allows you to send or receive international money quickly, simply and at reduced cost. Payoneer was founded in 2005 and headquartered in New York City. Payoneer is a registered Member Service Provider (MSP) of MasterCard worldwide. Payoneer have about 3 million users in 200+ countries & provides transactions in more than 150 currencies.


Payoneer Stats


     I recommend Payoneer as the best service provider for receiving money globally for both SMEs and Freelancers and i will give you proper researched data to prove my recommendation.

      A recent research done by Let’s Talk Payments (LTP), an international FinTech content & research firm, came up with some shocking results after comparing  the differing methods & costs of transferring B2B payments from the US to India. This study reveals that the Payoneer offers the lowest payment fees, reducing costs by up to 71%.

You can download and read the whole research and analysis in this white paper.

link: http://register.payoneer.com/lets-talk-payments-whitepaper-india/?utm_source=Infiblogger.com&utm_medium=blog&utm_campaign=Infiblogger


Services

1. Global Payment Service

global payment payoneer
    Global Money Transfer is now very easy. You just have to sign up for a money transfer service provider to start getting online payments.
what you have to do is,
1. Sign up to Payoneer.
2. Send your account details to your clients to receive money.
3. Wait and receive your payments directly to your local bank account.

     This service allows you to accept payments from your clients living in 200+ countries having 150+ currencies to your bank account in INR.



2. Mass Payout Service

companies with mass payout payoneer

     As a freelancer, you may be working as an affiliate for many top brands and they will pay you money through wire transfer or through money transfer service providers.
     At Payoneer, you can accept payments from almost all top brands including Amazon.com, Fiverr, Taboola etc.



payoneer mass payment serviceHow to Get Paid from Companies of all sizes?
 follow some steps written below.
1. While selecting a payment method, choose Payoneer as your preferred payment method on the company's platform.
2.  Receive funds on time to your Payoneer account from N number of companies.
3. Get Fund transferred to your local bank account at very low cost.



Apart from these two major services, Payoneer is also giving Below two services.

1. US Bank Account.
2. Payoneer App to stay up to date with your account information.


Pricing PayPal vs Payoneer

     To compare prices between PayPal and Payoneer i am using data from the white paper (link given above).

1. Direct International Money Transfer

Direct International Money Transfer

     Lets, assume that we are receiving money in our Indian Bank Account v.i.a direct international transfer ( example: your client is paying you $70).

     If you receive money from PayPal, you have to pay 4.4% + 0.30 cents as processing fee, which is Nil in case of Payoneer. After that, when you transfer funds to your bank account you have to pay 2.5% as Conversion fee while in case of Payoneer, you have to pay only 2% conversion charges which is lowest possible Conversion fee in this market.

     So, the best option is Payoneer as you will get more money in your bank account and it will take only 50% time as compared to PayPal.



2. Working on a Freelance Marketplace

Working on a Freelance Marketplace

      Suppose you are working as a freelancer, and you are getting your payment from your Company.
Here, you have to pay a flat 1$ as withdrawal fee and 4.3% + 0.30 cents other charges. While in case of Payoneer, Again, both types of fees are Nil, so you will save more if you are a customer of Payoneer.
     Again for currency conversion charges you will save 0.5% if you transfer payment from your Payoneer account.

     So, in terms of saving money as a Freelancer, you should sign up for Payoneer today.


Key Points :

1. Payoneer can help you reduce the cost of receiving international payments by 71%.
2. Indian customers get paid straight into their bank account, in INR.
3. Payment receiving Fee is Nill for receiving Payments on your Payoneer Account.
4. Payoneer is 200% faster in Transferring funds.
5. 200+ Countries, 150+ Currencies, and 24*7 Customer support.

Conclusion

     The above 5 points and the research done by Let’s Talk Payments (LTP), clearly proved that Payoneer is best for sending and receiving money globally. It can reduce cost of receiving payments up to 71% and transfer time of money in your bank account up to 50%.

     You can watch the Customer's Success Story below.

Comments

Post a Comment

Comments that are not related to this post will be deleted.
Spammers please stay away.

Popular posts from this blog

22+ Social Bookmarking Sites List Without Registration | Working

Social bookmarking sites are very helpful in gaining quality backlinks no matter they are no follow or do follow ones, but they are of very good quality and high Page Rank.



      These sites gives you boost in traffic and also help you in better search engine rankings(SEO benefit ) without doing any user registration. 
     However, some people tried to get back links of do follow type and then their balance of dofollow vs nofollow  backlinks becomes unstable. In this case when you have more do follow back links as compared to  no follow ones, a manual review of backlink profile is done by google's anti-spam team.
     So its better if you create both dofollow and no follow backlinks to your site. So I am giving you below a list of dofollow social bookmarking site for 2020-2021(Updated). 
     Register there and start optimizing social sites. Don't start spamming because these sites are trusted ones. In future they can help you in many ways, so its better to run your account,…

Submit your Business Website to 100 Free Search Engines | SEM | add url for free

Friends, the first step to off page SEO is URL submission. This step is mandatory because search engines do not know about your sites. So whenever you publish a new blog or website please submit your site to top search engines.
      Here you will get free search engine submission sites list to add URL to all search engines. You can use URL submitter to submit your site in one click but it will be good if you manually do URL submission. The reason for manually submitting your site is keywords. If you use URL submitter then you will not able to provide exact keywords to all search engines. 
     So do a free web submission by using top 100 search engines which are listed below. You don't need to register for submitting your Homepage Links in all major search engines. Example: In google you can directly add your site's address for free.
     The need for doing search engine submission is to get organic traffic + backlinks to your website from all major search engines. Yes,  …

Top 100+100 free classified sites in india

Here is a free list of Indian classified sites which are highly active with lots of users. You can post ads free of cost and get dofollow backlinks also for your sites. Classified sites are easiest way of getting popular v.i.a free ads. You can promote your new brand easily and the good thing is you will not pay anything for your ads. 
     Suppose, you post ads in below 100 classified sites, then surely you will get 10 visits per day per ad for free. It means you will get 1000 unique visits from these classified sites and it will also boost your Alexa rankings. It also recommend to use classified sites with high Page-rank and descent domain authority because when you post ad you will get a backlink from them which helps you in SEO purposes.

     Related posts:
100 Forum posting sites list indiaSocial Bookmarking Sites List Without RegistrationDofollow social bookmarking sites listDofollow Photo Sharing SitesFree business listing sites in India.
List Updated on 30 May 2020. Enjoy …

Top 100 forum sites list in india

Forums are the best way of generating quality backlinks and to make a online business successful. In India we should have quality backlinks from Indian forums to get Indian business, that's why I decided to create a list of 100+ do-follow forum sites which are based in India and have high Page Rank and domain authority. These sites have 90% of Indian traffic, so it is easy to target Indian traffic for free.
      We also have list of forums which are USA and UK based. In this post I created a list in 4 parts, 1st part consist of SEO related forums, 2nd contains forums of webmaster, 3rd is of gaming type forums and 4th is for chatting and discussion forums. I hope you will get appropriate forum for developing your business and niche. Feel free to comment below if these sites helps you.

Related:
Social Bookmarking Sites List Without RegistrationDofollow social bookmarking sites listDofollow Photo Sharing Sites100 Top Indian Classified sites

55+ list of SEO related forums. http://w…