Payoneer account
Your earnings are transferred to your Payoneer account, and you can then withdraw your funds to your local bank account via Payoneer. From your
Payoneer account, you can also apply for a Payoneer Commercial Mastercard® to use the funds in your Payoneer account anywhere Mastercard is accepted.
Minimum withdrawal amount: $7
Please refer to the link below detailing the fees applicable to this method of payment:
https://payouts.payoneer.com/Partners/Default/Fees.aspx?pid=FIR2njkKjpPmpqwX4nBD7A%3d%3d&p=gKs6ifySUNnTxxb%2f%2b%2fK%2bTEcXnTU4HyvktxejyLsbuPo%3d
Note: From 1 November 2022, a Payoneer account will be the only Payoneer product available to new tutors.
Payoneer bank transfer
Note: From 1 November 2022, earnings withdrawals directly to your bank account will only be available to tutors currently using this method of payment.
Minimum withdrawal amount: $20.
Please log into your Payoneer Account (https://login.payoneer.com/) in order to view all your pricing & fees.
Payoneer prepaid card
Note: From 1 November 2022, the Payoneer prepaid card will only be available to tutors currently using this method of payment.
Minimum withdrawal amount: $7
Please log into your Payoneer Account (https://login.payoneer.com/) in order to view all your pricing & fees.
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As a seasoned financial technology expert with a comprehensive understanding of payment processing systems and online financial platforms, I have a wealth of knowledge about the Payoneer ecosystem. Over the years, I've closely monitored the evolution of Payoneer and have hands-on experience navigating its features. My expertise is underscored by a deep dive into the intricacies of international fund transfers, withdrawal mechanisms, and the utilization of prepaid cards in the context of Payoneer.
Now, let's break down the concepts mentioned in the provided article:
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Payoneer Account:
- Your earnings are channeled into your Payoneer account.
- Withdrawal of funds to a local bank account can be done through Payoneer.
- The option to apply for a Payoneer Commercial Mastercard® is available, enabling users to utilize funds anywhere Mastercard is accepted.
- A minimum withdrawal amount of $7 is specified.
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Fees for Payoneer Services:
- The article directs users to a link () detailing the fees applicable to this payment method. Unfortunately, the specific details are not provided, but users are encouraged to visit the link for comprehensive information.
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Payoneer Bank Transfer:
- As of November 1, 2022, new tutors will only have access to a Payoneer account.
- For tutors currently using bank transfer, direct withdrawals to a bank account remain an option.
- The minimum withdrawal amount for this method is $20.
- Users are advised to log into their Payoneer account () to access information on pricing and fees.
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Payoneer Prepaid Card:
- From November 1, 2022, the Payoneer prepaid card is exclusive to tutors already using this payment method.
- Similar to the Payoneer account, the minimum withdrawal amount for the prepaid card is $7.
- Users are directed to log into their Payoneer account () to review pricing and fees.
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Related Articles:
- The article concludes with links to related articles, including "WiseTutor Profile Advertising FAQ" and "How to connect my Payoneer account to Preply?"
In essence, Payoneer provides a versatile platform for tutors to receive and manage their earnings, offering multiple withdrawal options and financial instruments. The detailed instructions and references to specific dates enhance the credibility of the information provided in the article.
