Free Debit Card: Request And Accept Payments From Your Clients Worldwide
August 21st, 2019
August 21st, 2019
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In case you're wondering, yes, the MasterCard prepaid debit card is free. Once you go to Payoneer's website and sign up they send you the card via mail.
When you sign up you will have to provide a copy of your national ID or passport and address verification.
If you're a freelancer, travel writer, digital nomad, business owner or a professional, and you have a lot of international clients, this card is perhaps the ideal card for you.
About the card?
It's a debit card that you can use to receive payments from your clients.
You can also make payments to your clients and link the card to your PayPal account.
The card has all the usual specs of a debit card, ATM withdrawal, online purchase, chip and more. But, the exciting thing is that the card is free. Yes! Free.
One of the features I love about this card is that you can send an invoice to your client requesting a payment. A link will be sent to them and they can pay via credit or debit cards. There are also some other options.
▸ Get you Payoneer Account Now.
Receiving bigger payments via Global Payment Service
This is how it works. Payoneer provides you with the details of a receiving account in a specific currency.
You provide these details to the company or marketplace with which you work.
The company uses these details to send you a bank transfer. You receive the payment to your Payoneer account.
For example, your client pays you using the ACH information that comes with your US currency card. Once your payment is made and it is received in your US account it is sent to your US currency card.
The same applies if you have a Euro or GBP card. You receive Euro payments via SEPA and GBP via BACS and Faster Payments Service (FPS) (UK local bank).
Transfer currencies between cards
If you have three cards (US, GBP, Euro), then you can transfer currencies between these cards. For example, if you have US$500 on your US card you can transfer a minimum of US$50 to any other Payoneer card.
Which currencies are available?
The card comes in a multitude of major currencies including US, GBP, Euro, JYP and some others.
You can also link your card to PayPal and transfer your US balance to your account, which is then sent to your card.
While the card is free, remember there are transaction fees. Most of the fees are not bad at all. Once you get your card you can login and check out the fees for your card.
Receive payments from large companies
Do you receive payments from large companies like Amazon and other affiliates? Payoneer has partnered with thousands of companies around the world, who have opted to offer their secure payout solution as part of their service.
You can receive funds from any of them, directly to your Payoneer account, with no limit to the amount of companies you can add!
Payoneer is a Delaware corporation, which was incorporated in 2005 and is headquartered in New York.
Payoneer is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) of the US Treasury Department and is licensed as a Money Transmitter in 49 US states.
Other Payoneer companies
Payoneer (EU) Limited
Payoneer (EU) Limited is a Gibraltar company formed in 2011 and wholly-owned subsidiary of Payoneer Inc.
Payoneer (EU) Limited has an e-money license issued by the Financial Services Commission, Gibraltar, which is passported throughout the European Economic Area, and is also a licensed issuing member of MasterCard®.
Payoneer Hong Kong Limited
Payoneer Hong Kong Limited is a Hong Kong limited company formed in 2014 and is a wholly owned subsidiary of Payoneer Inc.
Payoneer Hong Kong Limited is a licensed Money Service Operator (MSO) with the Hong Kong Customs and Excise Department.
Payoneer Japan Limited
Payoneer Japan Limited is a Japan joint stock company established in 2015 and a wholly owned subsidiary of Payoneer Inc.
Payoneer Japan Limited is a registered Funds Transfer Service Provider with the Kanto Finance Bureau.
Payoneer Canada Limited
Payoneer Canada Limited is a Canadian company incorporated in 2017 and a wholly owned subsidiary of Payoneer Inc.
Payoneer Canada Limited is a Registered Money Service Business with the Financial Transactions and Reports Analysis Center of Canada (FinTRAC).
Payoneer Australia Pty Limited
Payoneer Australia Pty Limited is an Australian company incorporated in 2017 and a wholly owned subsidiary of Payoneer Hong Kong Limited.
Payoneer Australia Pty Ltd is licensed by the Australian Securities & Investment Commission to deal in non-cash payment products.
▸ Get you Payoneer Account Now.
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