payoneer For BUSINESS IT OUTSOURCING AGENCIES
Get paid globally for your IT services
With Payoneer, your payments are as borderless as your business. Get paid by international clients and pay your team wherever they’re based – easily and with low or no fees.
Where local meets global
Your Payoneer account gives you multiple local receiving accounts in all the places you do business. So, you can make and accept payments from far and wide and cost-effectively transfer funds between currencies like the US dollar, British pound, Euro, Australian dollar, Canadian dollar, Singapore dollar, Hong Kong dollar, UAE dirham, Chinese yuan, and Japanese yen.
US dollar
Japanese yen
Australian dollar
Euro
Hong Kong dollar
Singapore dollar
Canadian dollar
British pound
UNITED ARAB EMIRATES DIRHAM
Simplify cross-border payments
A Payoneer account is an essential cross-border payment tool for IT providers. You can manage your money like incoming and outgoing payments, billing and invoicing, card transactions, currency conversions, plus withdrawals from ATMs and to your local bank account.
When you receive payments with Payoneer, you can…
…bank like a local
Local receiving accounts act like local bank accounts. That makes it easy for international clients and marketplaces to pay you in major currencies – USD, EUR, GPB, JPY, AUD, CAD, HKD, CNH, AED, and SGD.
…simplify paying your people
Your business earnings are ready and waiting to be transferred to the Payoneer account or bank account of your team members, in just a few clicks.
…stay on top of payments
Request payments from clients around the world in minutes. Track your funds until they land, and enjoy cashflow transparency.
And with easy access to your earnings, you can…
…convert at low cost
Payoneer ensures you have the currencies you need for global payments. With transfers supported in 190+ countries and territories, competitive market rates and our low 0.5% transaction fee, you’re all set.
…pay at scale
Build a reputation for being a prompt payer. Your team of developers, designers, contractors, and suppliers will appreciate being paid on time. You can send up to 200 payments in a batch – directly to their local bank accounts.
…access funds anywhere
When it comes to getting paid, you can connect Payoneer to multiple bank accounts, globally and locally. Scheduling withdrawals automatically will help you save even more time and effort.
What IT outsourcing agencies say
There are huge opportunities for cross-border working which should never be limited by the geography of getting paid. Here’s what people say about Payoneer.
Yaniv Nissim
CEO GoParrot
“I live in the US and pay developers in Central Eastern Europe. Payoneer is a very simple and convenient solution. It’s more economical and their team offers better service than other international payment solutions.”
Maksym Petruk
CEO We Soft You
“Payoneer allows me to receive payments from American, Australian or Canadian customers in just a few clicks as well as to pay contractors from other parts of the world.”
Cross-border connections
We can talk cross-border payments with you in 22+ languages. Our international team has answers and advice that help you navigate payments, globally and locally.
FAQs
All the fees are detailed here.
| Credit/Debit card* | ACH bank debit (US only) | Local bank transfer | Wire transfer (SWIFT) | Payoneer balance | |
|---|---|---|---|---|---|
| Fees (% of payment) | 3% | 1% | USD: 1% Other currencies: 0% | Free*** | Free |
*MasterCard, Visa, American Express
***Extra fees can be charged by intermediary banks but are not known by Payoneer in advance
All the fees are detailed here
| Credit/Debit Card | ACH bank debit | Local Bank Transfer | Wire transfer (SWIFT) | Payoneer balance | |
|---|---|---|---|---|---|
| Can be used by (payment initiators) | Individuals and Companies Worldwide | Individuals and Companies in the US only | Companies in the country of the receiving account | Companies worldwide | Payoneer account holders Worldwide |
| Credit/Debit Card | ACH bank debit | Local Bank Transfer | Wire transfer (SWIFT) | Payoneer balance | |
|---|---|---|---|---|---|
| Payment received within (estimated) | 2 calendar days | 5 business days | 1-3 business days | 1-2 business days | 2 hours |
Depending on your geographic location, you may automatically receive a US and UK receiving accounts. Receiving additional local receiving accounts depends on eligibility.