Last Updated on September 10, 2022
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Payoneer is an American financial services company that facilitates online digital payments and online money transfers.
Whenever you sign up on Payoneer, it asks for your local bank details. However, a few years back, Payoneer has also made it possible to sign up on this platform without having a local bank account.
So, in this article, we’ll learn the steps to create a Payoneer account without a local bank account.
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Table of Contents
Is Bank Account Necessary for Payoneer?
It is good if you have a local bank account while signing up on Payoneer but it is not necessary.
You can create a Payoneer account without a bank account using marketplaces or online companies that support the Payoneer withdrawal option. Such places include Fiverr, Upwork, Envato, Airbnb, and many others.
The only drawback to signing up on Payoneer without a local bank account is that you’ll not be able to get a $25 bonus on sign up.
Yes, Payoneer provides $25 as a bonus when you sign up on this platform through the conventional method.
Steps to Create Payoneer Account without Bank Account
We’ll choose Fiverr to sign up on Payoneer. Here are the steps that you need to follow:
Step 1:
Sign up on Fiverr.
Step 2:
Go to the Earnings section.
Step 3:
Click on the Bank Transfer option.
Step 4:
Here Fiverr will ask for phone verification to make sure that an authorized source is requesting the payment.
You can verify your identity by SMS or Call. Choose your desired method and complete the verification.
Step 5:
Once the verification process is over, Fiverr will send you an email at your email address.
Here you’ll see a “Click Here” link. Click this link.
Step 6:
Once you click the provided link, Fiverr will send you to the Payoneer Registration page.
Step 7:
Complete the registration process by entering the required details. You will not have to add bank account details here.
Step 8:
That’s it! You have successfully signed up on Payoneer without any bank account.