Receiving payment from international customers with Payoneer

We present an overview of Payoneer billing service. This product allows you to receive payments directly from international customers by sending them the appropriate “Payment Requests”.

According to the results of our recent survey, 77% of freelancers and companies operating on the international market, in addition to freelancing exchanges, also cooperate directly with customers. And if Payoneer solutions for working with online platforms are already known in a professional environment, the issue of receiving payment directly from international clients requires more detailed consideration. In this review we will talk about the principles of the Payoneer billing service and its capabilities.

Who is this product relevant for?

Payoneer billing service is gaining popularity with freelancers and companies that provide services directly to foreign clients. Developers, designers, copywriters and other specialists receive payment for projects by sending “Payment Requests” via Payoneer.

If you also provide services to foreign customers, Payoneer billing service will be for you a simple and profitable solution for receiving payments.

How it works

Payoneer users can send a “Payment Request” directly from their account.

If you do not have a Payoneer account, register here .

Your customer will receive an email with payment instructions. Following the link, the payer can choose one of the available payment methods and make a payment.

Available payment methods

Depending on whether your client is an individual or a company, as well as the amount and currency of the transaction, various payment options are available.

	Bank Payment	Electronic check	Credit card
Restrictions	Not	$ 3000 / transaction; $ 10,000 / day	$ 2000 / transaction; $ 10,000 / day
Payment method	Through the bank	Through the bank online	MasterCard® / Visa Online
Duration	2-5 work days	5-8 work days	2 working of the day
Commissions	1% - USD; 0% - EUR / GBP	one%	3%
Payers	Companies from USA, EU and UK	US companies and individuals	Companies and individuals from around the world

Additional features

“Payment Request” is a convenient alternative to correspondence about payment in Skype and by e-mail. In addition, the billing service provides the following features:

• Scheduling requests. You can request an advance payment, make a “Request for Payment” after the project is completed, or agree with the client about a certain frequency of payments. Payment Schedule helps to plan transactions for a project.
• Payment control. 44% of our survey participants noted that they periodically encounter payment delays. Thanks to instant access to your request history, you can easily keep track of all outstanding requests. In addition, the service provides the ability to send reminders to customers about the delayed payments.

Read the step-by-step instruction in our blog .

Also, for more information, you can contact the Support Center in Russian.