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This is how I receive foreign exchange payments

Without the bureaucracy of your country, there are several ways to receive a foreign exchange, find out now!

By Dalmy AlvesPublished 2 years ago 3 min read
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Once you have read all the information written here if it is useful for you, USE IT and SHARE it!

There are no longer any bank bureaucracies that will prevent you from having an account abroad and I did it, but I suffered a lot without being able to shop online or pay for online courses for that... But Payoneer saved me from all that.

Meet Payoneer

Payoneer is an American financial services company that provides online money transfer, digital payment services and provides working capital to customers.

The best thing is that it is a digital bank and this is not the best news yet, you will have initial access to 3 currencies and therefore you will have a bank account in three banks in different countries...

DOLLAR

With the dollar, you will have an account in the US, with access to your bank details to receive payments and send money to any person or entity.

EURO

The country is not certain but you will have a bank account in some countries in Europe where the main currency is the Euro, you will be able to send and receive payments from all countries that are part of the European Union.

STERLING POUND

And finally, you'll have an account in England where you'll also have access to your bank details but you'll only be able to receive and send payments from local banks, in this case, from banks within England.

I also want to make a note, on all these accounts you can only receive payments from business accounts, if at any time any personal account sends you money, it will arrive in your account but you will receive notification that the payment has been cancelled and will be returned within a few days.

This may displease many, but when I knew how to deal with it, I overcame this obstacle.

But why only receive from business accounts?

Because Payoneer is a digital bank for Freelancers and e-commerce owners, it was developed for these purposes too, so it can only receive from business accounts, but that's not a problem, you can solve it using a payment processor.

Continuing on the currencies, you will be able to apply for accounts in other countries to acquire the currencies of the respective countries.

The best news

Everything I talked about was just about Payoneer as a bank, a little bit of the cons, but it has many advantages over the disadvantages, by the way, what has no disadvantage?

After reaching the monetary value of 100 or approximately, whether, in dollars, euros or pounds, the Mastercard request button will be enabled, here things have improved right? and you can click for the card to arrive at your address, isn't it wonderful?

Payment receipts will be made through Global Payments, which is the requirement to become eligible to apply for Mastercard.

Today the stress is over, as much as some are surprised by what I write, in Africa, we have several problems in this matter, not everyone has a Visa or Mastercard.

This was a brief review about Payoneer, and if you want to know more just email me and I'll gladly help you, and Payoneer isn't the only fintech that provides these services, there are others.

I want all of you to be able to receive your payments on any freelance site that have provided some service, to all writers and readers who receive their earnings from where they write, as I spent a lot of time accumulating my earnings without being able to withdraw them.

I wish all success to all writers.

[email protected]

personal finance
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About the Creator

Dalmy Alves

I'm a young dreamer who seeks to make many dreams come true, one of them is to make a living from writing, I love to write about everything, including the things I love the most, so stay here, maybe you'll identify with me.

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