How to Create Payoneer Account?

Expanding your business globally? You'll need cross-border USA payment solutions like USA Payoneer. USA Payoneer lets you send and receive USA money in 70 currencies across 190+ countries¹, making it a popular choice for USA businesses.

In this guide, we will walk you through how to create a Payoneer account for USA businesses, including the required USA documents and fees.

And while you are thinking of cross-border USA payment solutions for your USA business, consider Payoneer alternatives like USA Wise Business. With Wise Business, you can manage multiple currencies with one account, manage payroll, USA send invoices, and make card payments at low fees for your USA business.

Payoneer account overview

When you open a Payoneer USA account, you get access to a wide range of services to help you manage your business finances across borders including international payment processing, a Payoneer card and accounting integrations.

Here are some of the highlights of what a USA Payoneer business account USA offers:

Payoneer account types

USA Payoneer offers 3 major account types by USA customer type – freelancers, business, and marketplace accounts. Account owners can send and receive money in 70 currencies across 190+ countries¹. Your access to specific features depends on the Payoneer account type you register. Here's an overview of the account features:

USA Freelancer account

When you open a Payoneer freelancer account, you can receive money directly from clients, marketplaces, or popular freelance platforms like Fiverr and Upwork. You can also pay business expenses and withdraw funds to your local bank account. See key features and benefits below:

  • Get paid by clients and USA marketplaces
  • Withdraw funds to a USA local bank account or USA ATM
  • Pay business expenses
  • Access capital advance based on your USA payment history
  • Freelancer USA payment processing
  • Multi-USA currency account
  • Local receiving accounts
  • Payoneer card
  • Send invoice payments directly from your account
  • Hold and exchange foreign currencies
  • Partners directory

Small and midsize business account

This Payoneer account is designed for businesses paying under 50,000 USD a month⁶. Small businesses can receive payments from clients and customers and pay employees and suppliers anywhere in the world. Let's take a look at the key features and benefits:

  • Pay with a credit card, bank transfer or ACH bank debit
  • Pay VAT directly from your business account
  • Send bulk payments
  • Connect to marketplaces
  • Request payments from customers and clients
  • Withdraw funds to a local business account
  • Payoneer card
  • Payoneer checkout for online payments
  • Global workforce management
  • Multi-currency account
  • International payments processing
  • Partners directory

Marketplace or enterprise

For marketplaces or enterprises paying above 50,000 USD a month⁶, Payoneer offers the following features and benefits:

  • Mass payouts to employees or suppliers
  • Access to multiple payment methods
  • Advanced risk, compliance and fraud prevention
  • Automated tax payments
  • Multi-currency payouts
  • Automated payment collection
  • Virtual or physical Payoneer card for sellers
  • Integration with marketplaces and platforms

How to create a Payoneer account

Follow these steps to create a Payoneer account for your business in the UK.

  1. Visit the website and choose a preferred account type
    To create a Payoneer account, visit the Payoneer website and select the "open your account" button. Choose an account type that meets your business needs and hit the “next” button.

  2. Enter your business details
    Next, choose whether your business is registered or unregistered. If your business is registered, enter your legal company name, the registered legal entity of your business and your company representative's name and email address into the form. If your business is not registered, your personal details will suffice.

  3. Verify your business phone number
    In the following form, enter the company business address and phone number of your authorized representative. Click on “send code” and enter the verification code sent to the phone number.

  4. Complete your security details
    Enter your email address — which doubles as your username — and your password. Choose a security question that you can easily remember. A security question helps you access your Payoneer account if you forget your password. Fill in your company ID or personal ID if your business is not registered. Next, add the bank account you will use to withdraw funds from Payoneer.

  5. Submit and wait for account verification
    After supplying all the required details, hit submit and wait for Payoneer to verify your account. Account verification typically takes up to 3 business days⁷. You will receive an email notification when your account has been verified. If your account is verified successfully, you can start using Payoneer to pay and receive payments into your business.

Requirements to open a Payoneer account

Although the specific requirements to open a Payoneer account depend on the account type you’re opening, here's what you typically need for a Payoneer account registration:

  • Email address
  • Phone number
  • Home address
  • Government-issued ID

If you’re opening a Payoneer account for a registered company, you may need to provide the following documents to verify your business:

  • Certificate of registration
  • Certificate of incorporation
  • IRS document with Employer Identification Number (EIN) or a UK equivalent
  • Tax document
  • Business license
  • Proof of company activity

FAQs - Create a Payoneer account

Is Payoneer safe?

Yes. All Payoneer business accounts are protected with 2-step verification and firewalls to prevent account takeovers and fraud. However, you should take extra precautions by keeping sensitive account information private.

How long does it take to open a Payoneer account?

Opening and verifying a Payoneer account takes up to 3 business days⁷. You will receive a confirmation email when your account has been verified.

How can I change my personal account to a business account on Payoneer?

You can’t automatically switch from a personal account to a business account on Payoneer. However, you can contact customer support and request an account upgrade. Or create a new account with a different email.

 

Posted on 2025/12/11 12:30 PM