Payoneer
Payoneer (https://www.payoneer.com/) is an e-Wallet that allows you to transfer money between countries or receive money from abroad. Payoneer offers withdrawals to local banks as well as a credit card that can be used to withdraw money and make purchases directly from your Payoneer account.
Available currencies
United States Dollar (USD)
Euro (EUR)
Please note that if the currency of your balance in Smartcat is different from the selected currency of your Payoneer Wallet, then the funds will be converted to the currency of your Payoneer Wallet at the Smartcat exchange rate.
Commission
Smartcat does not charge any fees when sending payments to Payoneer. Payoneer, however, deducts its commission from the recipient for crediting funds. Usually this fee is equivalent to 3 USD, but fees may also vary depending on your country. Contact Payoneer support to find out the exact amount of the commission.
Minimum and maximum payout amount
The minimum amount of one payout is 7 USD or 7 EUR.
Smartcat allows setting the minimum amount, starting from which the payment will be sent to you. You can learn more in the article "Set a minimim payout amount".
Required details
If you want to receive money this way, you need to go through the process of adding a payment method:
1. Login to your Smartcat account
2. Go to the My payouts section
3. Choose the payment method Payoneer in USD or EUR
4. Choose the currency of your wallet
5. Click " Link Payoneer Account"
6. Sign in to your Payoneer account
7. If the method is successfully added, you will be redirected back to the Smartcat account and see that your method has been successfully selected.
Advantages
Speed. Payouts are processed up to 3 business days on the Smartcat side and up to 1 business day on the Payoneer side
Simplicity. There is no need to fill out a lot of details, just specify your Payoneer account.
Availability. Available in many countries
Flaws
Additional Payoneer fee when withdrawing funds from Payoneer to a bank account. If you want to eventually receive funds to a bank account, we recommend you to choose the "Bank Transfer" method.
Frequently Asked Questions
I chose this method, but the payment was rejected. Why?
Act as follows:
Make sure your Payoneer account is active
Make sure you are fully verified by Payoneer and your account is verified for future use
I cannot find the payment. What does the payment look like on the bank statement?
If you can not find the payment, please check your Payoneer account statement for transactions from the Smartcat sender with the reference:
Payment ID: PO-XXXXXX-XXXXX* for translation and related services.
*Your PO order number for which the payment was sent (See My Payouts - Payout History for details)
I received a payment. What details should be used for billing?
When receiving funds by Payoneer in USD, EUR, you need to provide the following Smartcat details in your account:
Company name: Smartcat Platform Inc.
Company address: 2810 N Church St PMB 50985, Wilmington, Delaware, 19802-4447, USA
Countries where receiving Payoneer payments is available
To see if this method is available to you, check your options when adding a payout method in the My Payouts section. If it is listed for your chosen country or region, you can connect your existing Payoneer account as a withdrawal method.
Armenia | Cameroon | Ghana | Cambodia | Mauritius | Senegal | United Republic of Tanzania |
American Samoa | Democratic Republic of the Congo | Gibraltar | Kiribati | Malawi | Singapore | Uganda |
Antarctica | Congo | Guinea | Saint Kitts and Nevis | Malaysia | South Georgia and the South Sandwich Islands | Ukraine |
French Southern Territories | Cook Islands | Guadeloupe | Korea | Mayotte | Saint Helena | United States Minor Outlying Islands |
Antigua and Barbuda | Colombia | Gambia | Kuwait | Namibia | Svalbard and Jan Mayen | Uruguay |
Australia | Comoros | Guinea-Bissau | Lao People's Democratic Republic | New Caledonia | Solomon Islands | United States of America |
Austria | Cabo Verde | Equatorial Guinea | Lebanon | Niger | Sierra Leone | Uzbekistan |
Azerbaijan | Costa Rica | Greece | Liberia | Norfolk Island | El Salvador | Holy See |
Burundi | Curaçao | Grenada | Libya | Nigeria | San Marino | Saint Vincent and the Grenadines |
Belgium | Christmas Island | Greenland | Saint Lucia | Nicaragua | Somalia | British Virgin Islands |
Benin | Cayman Islands | Guatemala | Liechtenstein | Niue | Saint Pierre and Miquelon | U.S. Virgin Islands |
Bonaire | Cyprus | French Guiana | Sri Lanka | Netherlands | Serbia | Viet Nam |
Burkina Faso | Czechia | Guam | Lesotho | Norway | South Sudan | Vanuatu |
Bangladesh | Germany | Guyana | Lithuania | Nauru | Sao Tome and Principe | Wallis and Futuna |
Bulgaria | Djibouti | Hong Kong | Luxembourg | New Zealand | Suriname | Samoa |
Bahrain | Dominica | Heard Island and McDonald Islands | Latvia | Oman | Slovakia | Yemen |
Bahamas | Denmark | Honduras | Macao | Pakistan | Slovenia | South Africa |
Bosnia and Herzegovina | Dominican Republic | Croatia | Saint Martin (French part | Panama | Sweden | Zambia |
Saint Barthélemy | Algeria | Haiti | Monaco | Pitcairn | Swaziland | Zimbabwe |
Belarus | Ecuador | Hungary | Moldova | Peru | Sint Maarten (Dutch part | |
Belize | Eritrea | Isle of Man | Madagascar | Philippines | Seychelles | |
Bermuda | Western Sahara | India | Maldives | Palau | Turks and Caicos Islands | |
Bolivia | Spain | British Indian Ocean Territory | Mexico | Papua New Guinea | Chad | |
Brazil | Estonia | Ireland | Marshall Islands | Poland | Togo | |
Barbados | Ethiopia | Iraq | Macedonia | Puerto Rico | Thailand | |
Brunei Darussalam | Finland | Iceland | Mali | Portugal | Tajikistan | |
Bhutan | Fiji | Israel | Malta | Paraguay | Tokelau | |
Bouvet Island | Falkland Islands (the [Malvinas] | Italy | Myanmar | Palestine | Turkmenistan | |
Botswana | France | Jamaica | Montenegro | French Polynesia | Timor-Leste | |
Central African Republic | Faroe Islands | Jersey | Mongolia | Qatar | Tonga | |
Canada | Micronesia | Jordan | Northern Mariana Islands | Réunion | Trinidad and Tobago | |
Cocos (Keeling Islands | Gabon | Japan | Mozambique | Romania | Tunisia | |
Switzerland | United Kingdom of Great Britain and Northern Ireland | Kazakhstan | Mauritania | Russian Federation | Turkey | |
China | Georgia | Kenya | Montserrat | Rwanda | Tuvalu | |
Côte d'Ivoire | Guernsey | Kyrgyzstan | Martinique | Saudi Arabia | Taiwan |