Payoneer Prepaid Mastercard Review. Get USA bank account & get paid by US Companies including Amazon

G’day Everyone,

My name is James from Australia and in this video I review of the Payoneer Prepaid MasterCard.

I hope you guys enjoy this video and it helps you decide whether the Payoneer card is for you or not. If you do decide to join up I’d really appreciate it you would sign up from my affiliate link below- if you do so we will both receive a bonus $25 automatically placed into our account so it’s a win win. If not, now worries at all

http://share.payoneer-affiliates.com/v2/share/6131556669056075549

So in this video I cover:

1. What is the Payoneer Prepaid MasterCard?
It is a physical debit card that you are actually sent. You also get an online account just like with internet banking where you log in and can track your balance and all your transactions including incomings and out goings

2. Who can get a Payoneer Prepaid MasterCard?
Most people can get one as it’s accepted in over 200 countries

3. What is the Payoneer Prepaid MasterCard used for?
One of the main problems for people living outside the USA is that we don’t have American bank accounts which makes it difficult to receive payments by US companies. This card solves that problem as it works like a US bank account where you can receive money. You may earn money from US based companies like Amazon (whether you’re an Amazon affiliate or seller), Clickbank, Google Ad sense, Elance, Fiverr etc. Any US company you can think of.

As I said I’m from Australia but am actually selling products on Amazon.com in the US. So through Payoneer you can actually sign up to what’s called the US payment service which gives you a routing number and account number so Amazon can pay me directly into my Payoneer account in US dollars. Now if you’re getting paid by a European company there is also a European payment service too

4. How can I actually withdraw or use that money that I receive?
Once you have money in your Payoneer account you can access that money really easily. Firstly, you can use the card to make purchases online or in stores as long as they accept MasterCard. You can also withdraw money from local ATMs in your local currency where MasterCard is accepted. If you withdraw your USD in local currency then MasterCard will determine the currency conversion rate. The final way is that you can transfer funds from Payoneer to your local bank account but that method is currently only available for 80 countries

5. Can I transfer money to other people who have Payoneer?
Yes! A great feature of this card is that if you want to pay someone who is working for you or just transfer money to someone then you can- as long as you both have Payoneer cards.
The great thing is that this is completely free and usually the money is cleared within 2 hours.

6. What are the major fees are associated with the Payoneer MasterCard?
The great thing about this card is that the fees are quite low and reasonable.
The major fee is a $29.95 annual fee.
The other fees is that if you are paid by US companies or transfer money into the card there is a 1% load fee. So obviously if you load $100 USD on the card then Payoneer will keep $1. If you are paid $1000 then they will keep $10.
The other fee is that is you use the card to withdraw cash at an ATM then there will be a $3.15 fee. I try to use my card to purchase things online to avoid that fee.
If you withdraw from Payoneer to your local bank account there will also be a fee depending on which country you are in.

7. Can I link the Payoneer Prepaid MasterCard to Paypal?
Yes you certainly can. That means that you can feed off the money in your Payoneer account when making PayPal purchases. You can also load your Payoneer from Paypal or from a debit card

8. Signing up/receiving/activating the Payoneer Card
As I said before guys if you found this video useful I’d really appreciate it if you would sign up through the link below which is my affiliate link. That way we would both receive a bonus $25 into our accounts.

http://share.payoneer-affiliates.com/v2/share/6131556669056075549

So basically you just sign up. If you are outside the USA they say it can take up to a month to receive your card but in reality it is much faster than this…from memory I received my card in just over a week. Then you simply activate it by logging into your online account and selecting a pin number.

I hope enjoyed the video everyone. Please let me know if you have any questions and I will do my best to answer them.

Sign up for the card here on my affiliate link:

http://share.payoneer-affiliates.com/v2/share/6131556669056075549