How to Add Money to Payoneer | US Guide

Payoneer is a widely used platform, particularly among freelancers, entrepreneurs and businesses that operate across borders. You can use the platform to pay suppliers, cover business expenses and manage cash flow.

However, for that, you may need to add money to Payoneer first. The process may feel a bit technical, but it’s quite straightforward once you know the available method.

In this guide, we explain these options in detail. Plus, we discuss the limitations of this option.

We'll also discuss the Wise Business account. The global account that can help your company with all things cross-border.

Do you send and receive global payments?

Try Wise Business >>

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A Step-by-Step Guide to Add Money to Payoneer

Follow these steps to add money to your Payoneer account.

Step 1: Prepare for Your First Transfer

Payoneer may ask you for additional details about your identity or business the first time you’re adding funds to your account. Submit these details to help verify your account and prevent delays later.

Step 2: Confirm Eligible Receiving Accounts

Not every Payoneer receiving account is set up for adding funds. Log in to your dashboard and go to the ‘’Receiving Accounts’’ page. There, you’ll see which accounts are approved for this function.

Step 3: Match Account Names

The bank account you use to send money must carry the same name as the individual or company name on your Payoneer profile. If the names do not match, the transfer will be declined.

Step 4: Request Approval

Before initiating a transfer, request approval within your Payoneer account. After approval, you’ll get access to the specific receiving accounts available for adding money.

Step 5: Select How to View Your Accounts

There are two ways to see your eligible receiving accounts:

• Go to your Balance page, click Add Funds, then choose ‘’View [currency] accounts.’’
• From the Get Paid menu, select ‘’Receiving Accounts’’ and toggle the option to show accounts available for adding funds.

Step 6: Complete the Transfer From Your Bank

After selecting the appropriate receiving account, log in to your online banking platform. Enter the details Payoneer provides for that account and initiate the transfer.

Both local and international transfers are supported, so you can fund your account from almost everywhere. It takes around 3 business days for the funds to arrive in your Payoneer account.²

Save Time and Money On Overseas Payments With Wise Business

Wise Business can help you save big time on international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies.

Signing up to Wise Business allows access to BatchTransfer which you can use to pay up to 1000 invoices in one go. This is perfect for small businesses that are managing a global team, saving a ton of time and hassle when making payments.

Some key features of Wise Business include:

• Mid-market rate: Get the mid-market exchange rate with no hidden fees on international transfers

• Global Account: Send money to countries and hold multiple currencies, all in one place. You can also get major currency account details for a one-off fee to receive overseas payments like a local

• Access to BatchTransfer: Pay up to 1000 invoices in one click. Save time, money, and stress when you make 1000 payments in one click with BatchTransfer payments. Access to BatchTransfer is free with a Wise Business account

• Auto-conversions: Don't like the current currency exchange rate? Set your desired rate, and Wise sends the transfer the moment the rate is met

• Free invoicing tool: Generate and send professional invoices

• No minimum balance requirements or monthly fees: US-based businesses can open an account for free. Learn more about fees here

Use Wise Business >>

How to Add Money to Payoneer Using the Mobile App?

The Payoneer mobile app gives you a direct way to add funds without logging in from a computer. Select the balance you want to fund from the app’s home screen.

You’ll see the option to ‘’Add Funds’’ (if you’re eligible) in the app. Copy the bank details from there and paste them into your bank’s app to complete the transfer. The process mirrors the desktop version but keeps everything accessible from your phone.

How to Add Money to Your Payoneer Card?

The Payoneer card works differently from prepaid cards. It is directly linked to your Payoneer balances, which means you cannot load money onto it separately.³

The card draws funds from whichever currency balance you select. You need to add funds to your Payoneer account to make sure your card has money available for transactions. Besides receiving payments from clients, you can do this by making a bank transfer into your eligible receiving account using the step-by-step method shared above.

Limitations of Adding Money to Payoneer

As smooth as the process of adding funds to your Payoneer account is, it also comes with several limitations. First off, funds transferred into your balance must go toward paying suppliers, contractors or other professional expenses. Personal transactions are not supported.

Then, there’s the limitation around currencies. For balances in USD, EUR and GBP, the transfer must come from a bank account in the same currency. If your bank account is in a different currency, you will need to arrange for conversion through your bank before sending the payment.

Frequently Asked Questions

How to load dollars in Payoneer account?

You can load dollars into your Payoneer account by transferring funds from your bank to a Payoneer receiving account, receiving payments from clients or accepting Payoneer-to-Payoneer transfers. The currency in the sending account should be set to USD to make these transfers.

How much is the Payoneer fee for $100?

The fee for receiving $100 into your Payoneer account depends on the method. From another Payoneer customer, it’s free to receive this amount. If a client sends the money using a credit card, you can be charged up to $3.99. For an ACH bank debit in the U.S., the fee will be $1.

What if the funds I’ve transferred from my bank do not arrive in Payoneer?

Bank transfers into Payoneer usually take 3 to 5 days, but weekends or holidays can cause delays. First, verify that’s not the case. Then, review the guidelines for your receiving account to confirm expected timelines. Next, check with your bank to make sure the transfer was processed correctly. You can also confirm in Payoneer’s Verification Center that there are no pending requests that are holding your transfer. Otherwise, contact Payoneer’s customer support team.

Why don’t I see the ability to add money to my Payoneer account?

You may not be eligible to use this feature if you’ve not met one or more requirements. You can contact the Payoneer team for further clarification on this matter.