Payoneer Direct Deposit | How to Withdraw Money to Your Bank Account from Your Payoneer Account

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Withdraw Money to Your Bank Account from Your Payoneer Account

What is Payoneer direct deposit? Gone are those days where doing doings were more difficult and manual-like. Now you can do anything you want with just a snap of your fingers due to sophistication in technology and the internet of course. Do you know that you no longer have to go to your local market in order to buy goods and other items? You can now do this online and from the comfort of your home and in the process of spending less.

Payoneer Direct Deposit

Setting up a shop for most people is not as easy as t looks. Like most people don’t have the funds or resources it takes to do this. Some of these persons have therefore resorted to other means such as online store platforms. In these stores, they now sell their products to other people online. Now they don’t have to spend funds on hiring shops and other things.

Setting up a shop online is one thing, processing payments, on the other hand, is another thing. To make the whole process of conducting business online is a smooth payment method. This payment method must be a glitch-free one for both you and your customers. There are various platforms online today that helps with online monetary transactions globally and one of these platforms is the Payoneer platform. This platform is regarded as one of the best of its kind. It’s not just the best, it is also recognized worldwide.

SEE ALSO >>> Payoneer Merchant Account | How to Set Up a Merchant Account

Payoneer direct deposit is just a feature on the Payoneer platform that helps users of the platform with receiving money or payment directly to their accounts. With this feature, they don’t have to go through any other form of third party platform to get your payments. This direct payment on Payoneer can also be likened to a process whereby you can withdraw funds or money directly to your bank account.

How to Withdraw Money to Your Bank Account from Your Payoneer Account

In order to do this, you need to be a registered user of Payoneer. In other words, you need to own a Payoneer account. Once this is in place, follow the steps below;

  • Log in to your Payoneer account.
  • From your account menu, go to withdraw to a bank account.
  • Choose the card or currency balance you want to withdraw funds from.
  • Enter withdrawal details on the next page and select the bank account you want to withdraw funds to.
  • Enter the amount you want to withdraw.
  • Click on the review tab to review your withdrawal summary.
  • After checking and everything is intact, check the ‘I approve this transaction’ box.
  • Lastly, click on withdraw.

That’s it! Your transaction is complete. You will receive a confirmation email and in 3-5 business days, you will get your funds in your account.

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