What is a Payoneer payment gateway?

13 Apr 2023

Payoneer is a global payment gateway that offers businesses and individuals an easy and secure way to send and receive payments anywhere in the world. Founded in 2005, Payoneer is headquartered in New York City and provides payment services, including online payment processing, cross-border payments, and virtual accounts.

With Payoneer, businesses can receive payments in over 150 currencies and withdraw funds to their bank accounts or debit cards. It is beneficial for freelancers, affiliate marketers, e-commerce businesses, and other professionals who need to receive payments from people around the world.

Payoneer's payment processing is fast and secure, with funds typically available within 24 hours of payment confirmation. The payment gateway supports multiple payment methods, including credit cards, bank transfers, and e-wallets, allowing businesses to offer a range of payment options. 

Payoneer integrates with third-party platforms, including marketplaces, e-commerce platforms, and affiliate networks, making it easy for businesses to manage their payments across different platforms. With its secure and easy-to-use platform, merchants can streamline their payment processes and focus on growing their businesses.

While Payoneer is generally considered a safe and reliable payment gateway, there are a few things to be careful about when using it:

• Fees: Payoneer charges fees for certain services, such as currency conversion, withdrawals, and annual account maintenance. Review the fee schedule carefully to understand the costs associated with using Payoneer.

• Exchange rates: When converting currency, Payoneer uses its exchange rate, which may differ from the market exchange rate. 

• Withdrawal limits: Payoneer limits the number of withdrawals at a time, as well as daily, weekly, and monthly withdrawal limits. Make sure to understand these limits to avoid unexpected delays in receiving funds.

PayCEC believes in simplifying the payment process for merchants while ensuring top-notch fraud prevention and authentication measures are in place. Using PayCEC, you can offer your clients a convenient and affordable solution that doesn't break the bank. Our cutting-edge Tokenization and 3D Secure systems guarantee seamless transactions across devices, 24/7. Join us to wave goodbye to those pesky operating costs and focus on growing your business.

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