Payoneer registration and usage complete tutorial guide

Payoneer Paypal，Currently the two largest third-party payment solutions companies in the world，Also a foreign trade practitioner、Cross-border e-commerce、The most frequently used collection and payment tools for freelancers。

Cross-border B2C sellers also frequently usePayoneer，Payoneer is also the only payment method officially designated by Amazon.，We also have close cooperation with platforms such as Wish。

Because Paypal protects the interests of buyers，And strictly investigate brand infringement and imitation products，Therefore, it often happens that accounts are frozen from time to time.，Many foreign trade people love and hate it。Therefore, some e-commerce sellers use Paypal to withdraw money as soon as they receive it.，I’m afraid that the U.S. dollars will be frozen。

And Payoneer because its attitude is more neutral，On the contrary, it didn’t arouse too many people’s dislike。What makes Payoneer more attractive than Paypal is that，With Payoneer we can getMulti-currency virtual bank accounts with foreign banks。

Enter the official website and apply for a Payoneer account for free. Apply for Payoneer now and get a $25 registration bonus and a 0.5% withdrawal rate discount.。 

Payoneer’s background introduction

Payoneer Company，The Chinese name is "Pai Anying"，Often called P card，It is a professional financial institution focusing on issuing platform funds.。Founded in Israel in 2005 by Yuval Tal and Yaniv Chechik。

Payoneer is headquartered in New York, USA，It is an institution authorized by the MasterCard organization with card issuance qualifications.。As of 2019，Company market capitalization exceeds US$1 billion，Number of employees: 1,395，600 of them are in Tel Aviv, Israel，and serves more than 4 million clients in more than 200 countries from 14 offices around the world。

like Airbnb，Amazon，Top global companies like Google and Upwork are also Payoneer partners，They use Payoneer to make payments to their partners around the world。

Payoneer is widely used in cross-border e-commerce platforms to collect payments，Such as Amazon、Rakuten、Walmart and Wish.com, etc.，Also used to receive payment for freelance services and creations，for exampleFiverr andENVATO 。In terms of Affiliate advertising and marketing alliance，Payoneer is also used to collect payments from cj.com、Promotional commission income from companies such as shareasale.com。

for example，Chinese seller sells mobile phone protective cases on Amazon in the United States，Indian wrote a piece of code for a UK company on Fiverr.com，Japanese landlord rents out house on Airbnb，Payoneer can collect commissions from these platforms for them，And supports conversion to more than 150 local currencies，Disbursed to their domestic bank account。Crossing borders，Allowing users to experience real Internet finance is Payoneer’s core business。

Payoneer connects businesses with its innovative cross-border payments platform，professional，Countries and currencies are connected，thereby enabling global trade。With Payoneer’s fast，flexible，Safe and low-cost solution，Businesses and individuals can now make and get paid globally as easily as they do locally。

Payoneer official website

Payoneer has customers all over the world，Available in 9 different languages。official website： www.payoneer.com After entering，Click on the upper right corner to switch language version。You can also directly click the link below to enterPayoneer Chinese official website ，Register or log in。

Enter the official website and apply for a Payoneer account for free. Apply for Payoneer now and get a $25 registration bonus and a 0.5% withdrawal rate discount.。 

The cost of offshore companies is getting higher and higher

Many foreign trade companies have registered Hong Kong offshore companies and offshore accounts。However, although some companies have opened，But it hasn’t been used much，Frozen。Or the remittance is low，As a result, the account balance is low and the number of remittance collections is small.，Offshore accounts are frozen，The bank advises you to cancel your account!

And now there is CSR、profits tax、Salaries tax fees。Some agencies tell you about profits tax、Salaries tax can be reported as zero，Some suggestions suggest that formal audit reports should be prepared。

There are also some unscrupulous agents，Take money and do nothing。For example, a while ago, a Hong Kong offshore agent was revealed in the group，Received money from customers，But it didn’t help the client with the audit declaration! !

Some foreign trade companies that do not have offshore accounts，Still thinking about opening an offshore account。But agents take advantage of the high threshold for opening an account，Asking prices，The price is now over 10,000! This circle is so chaotic!

Payoneer usage

Most people in China only use Payoneer to collect payments on cross-border e-commerce platforms.，But ignored many of Payoneer’s value-added service functions。For example, the use of Payoneer’s MasterCard physical card，Payoneer is used to apply for Stripe、Payoneer for PayPal withdrawals、Payoneer is used to apply for Google Cloud、Payoneer opens App Store account in the US and more。

Cross-border e-commerce platform payment collection

Payoneer takes cross-border e-commerce platform payment as its core business and vigorously promotes it in China。in fact，Payoneer's cross-border e-commerce payment collection volume is also much higher than the total collection volume of all other businesses.。

According to data from January 2020，Amazon US site，China’s top sellers account for 49%，The top sellers in the United States are 47%。in，A large number of Chinese sellers use Payoneer to collect payments.。

According to the information on Payoneer official website，Payoneer currently accepts payment from the following cross-border e-commerce platforms：

as far as I can tell，The platforms that Payoneer collects the most on cross-border e-commerce platforms are Amazon.、Wish and Lazada。in，Amazon’s payment industry is the most competitive。Amazon is the world’s largest e-commerce platform， 40%of sellers are from China，That is to say，Nearly half of its sales will be completed by numerous cross-border collection companies。Payoneer has the widest range of collection services，Covers all 13 Amazon sites and almost all mainstream cross-border e-commerce platforms，And used by most Amazon sellers。

In conclusion，Cross-border e-commerce platform payment collection，Payoneer is a must-have payment tool。

Cross-border e-commerce independent station payment collection

2018start of year，Affected by policy restrictions and negative information from Amazon and major cross-border e-commerce platforms，More and more domestic sellers are looking for safer and freer cross-border business models，And put their attention and energy on cross-border e-commerce independent stations。2019Year，The popularity of the cross-border independent website platform Shopify has driven the rapid development of the independent website industry。

Many independent website sellers in China use PayPal and Stripe to collect customer credit card payments for independent websites.。However, withdrawing funds into the country is affected by thresholds and domestic regulatory policies.，not smooth。In order to solve the problem after credit card payment，Funds flow back into the country，Sellers have tried every means。Some registered US companies，Apply for a U.S. federal tax ID with Stripe；Some opened Hong Kong bank accounts，But costs continue to remain high。

Although Payoneer is not a direct payment method for cross-border e-commerce independent stations,，And cannot directly provide credit card collection services to independent stations，But Payoneer is exempt from the domestic foreign exchange settlement limit of US$50,000.，Complete PayPal withdrawal，and transfer RMB to a domestic bank account。Payoneer can also provide users withFree Hong Kong bank account number issued by DBS Bank in Hong Kong，Used to apply for a Stripe Hong Kong account。I said it before，Payoneer plays a special role in independent station payment collection，It cannot directly collect credit card payments on an independent site.，But it can solve the problems of handling payment tools and transferring money into the country after receiving it.。Here we need to separate PayPal and Stripe。

Stripe credit card payments

Compare PayPal payment methods，Stripe is much simpler，Charges are also lower。Stripe credit card payment method has a simple design、easy to use。For cross-border e-commerce sellers，Stripe provides an efficient and convenient credit card payment method for cross-border e-commerce independent stations.，This is what we need most。Unfortunately，Among the bunch of countries and regions supported on Stripe，Just no mainland China。That is to say，Chinese sellers cannot directly use Stripe to collect payments for independent websites or cross-border entrepreneurship.，Only through "indirect" method，We'll discuss it later。

before that，We use a US bank account number issued by Payoneer、Try applying for Stripe with a German bank account，But in the end, it was because of tax ID issues.、KYC identity compliance issues stuck。Until Payoneer recently started issuing Hong Kong DBS Bank accounts，Let us see hope again。Testing process，I gave a complete explanation in another article "Using Payoneer's free Hong Kong bank account to open a Stripe independent station payment tool at zero cost."。

Stripe upgrades compliance regulations，Accounts applied for through this method，Additional relevant identity proof materials are required，This method is no longer applicable。×

Prerequisites for application：

1、Register a Payoneer account for free

2、Apply to Payoneer account manager for issuance of Hong Kong DBS Bank account

3、Use the China Mobile Wuyouxing app to apply for a Hong Kong phone number for free

Enterwww.stripe.comOfficial website，Switch to Hong Kong region，Or open it directlyhttps://stripe.com/en-hk Hong Kong interface，Complete registration，The registration process is all in Chinese.，almost no obstacles，Submit the bank account information of DBS Bank in Hong Kong previously obtained from Payoneer in the corresponding form，And fill in the Hong Kong phone number obtained for free from Wuyouxing。Then，Step by step，Complete registration。

to here，You have completed the Stripe application registration.，Next, you can happily bind your independent station to the Stripe credit card collection channel.，You can now accept credit card payments from customers.。

Affiliate alliance collection

First, what is Affiliate?。In short，That is, users use their own website、blog、Promote and sell products through social media such as YouTube channels，Affiliate program to earn sales rebates。domestic，We are accustomed to calling this type of project a website alliance or an advertising alliance.，for exampleBaidu Alliance、Taobao Alliance、JD Allianceetc.，And abroad，This type of alliance is usually collectively referred to as Affiliate，for exampleAmazon Affiliate、CJ Affiliate、Shopify affiliatesetc.，Of course there are other names，For example, the most famousGoogle Adsense、Shareasale。

We mentioned at the beginning that the Affiliate ad network collection business was the core business of Payoneer in the early days.。certainly，Now the core business has long been replaced by cross-border e-commerce platform payment collection.。

in fact，Affiliate advertising alliance is an industry with great potential。What is different from selling products on cross-border e-commerce platforms is that，Sales funds received from cross-border e-commerce platforms through Payoneer，Not the seller’s pure profit，A large part of this is the purchase cost of the product，Logistics freight costs and other advertising costs，The net profit that actually falls into your own pocket may only be 20% of the total sales.。Overall sales volume looks huge，But actual profits are very low。

The Affiliate advertising network is completely different.，Especially getting traffic through SEO optimization website，Websites focused on content creation，The final Affiliate commission earned，almost pure profit。This is also the main reason why I listed the Affiliate advertising website alliance as one of the 7 reliable cross-border entrepreneurship methods.。

Payoneer supports many Affiliate advertising alliance websites，For example, the following：

Amazon is not just the world’s largest e-commerce platform，It also has the world’s largest Affiliate program，Known as "Amazon Associates"。

CJ is the world's leading affiliate marketing website，Entered China very early，Chinese name "Xijie"。A wide range of advertising products，Many of the merchants offer products that are unique to CJ affiliate marketing.。CJ is also the only affiliate marketing platform with a Chinese interface.。It also owns some big brands，For exampleAdobe，Alibaba，Avast，child，Booking.com，Dell，United Arab Emirates，Hotels.com，Kaspersky，Levi's，Tripadvisor等。

 ShareaSale.com，2000Founded in Chicago，developed to the present，A full 20 years，Become one of the best alliance platforms in North America in terms of traffic and quality。The platform has more than 4,000 advertisers，Many items are unique to ShareASale，And the commission is also higher than other platforms。

Impact.com was founded in 2008 by a team of internet marketing and technology experts，They previously created Commission Junction，Savings.com and LeadPoint。

certainly，In addition to these relatively well-known and mainstream affiliates，There are also many products that officially provide this type of Affiliate directly。for examplePayoneer’s own Affiliate project。

Fiverr Affiliate plan is also available。

Sales promotion commissions earned through these affiliates，Finally, you can collect it through Payoneer.，Then convert it into RMB and then transfer it to your domestic personal bank account.。

Freelance labor service collection

Freelancers use their various skills and professional knowledge to provide a variety of professional services to overseas users，Income from overseas labor services thus obtained。We understand it as freelance labor services。For example, Fiverr mentioned above。

Same as Payoneer，Fiverr is also a company founded in 2010，Innovative technology company headquartered in Tel Aviv, Israel。Fiverr provides an online platform for freelancing，Freelancers can work regardless of location、nation、Where you live affects the delivery of writing to users around the world、translate、video editing、Program development and other services。certainly，Fiverr’s cross-border e-commerce seller group in the country，In particular, Amazon is widely known among sellers because of its obscure “brush order” service.。

Common buying and selling tasks and services on Fiverr include web development、Logo design、writing、Photograph、PS etc.。certainly，There are a lot more than you can imagine，Various、Very interesting and bizarre needs。As long as you have a skill，Think your services will be needed，You can put them all up for sale.。

What we have mentioned in previous articlesApply for U.S. ein federal tax ID number service(50 U.S. dollars)、Optimize Gtmetrix of website performance to 100% perfect score(100 dollars)、Build a WordPress website(50Dollar)etc.。

There are many other freelancer platforms like this，Including Upwork、Fiverr、Toptal、99Designs、Freelancer、Guru、Hireable、FlexJobs、Nexxt etc.。Most of them provide at least two methods of payment, PayPal or Payoneer.。

Collection of commercial works creation

In addition to the collection of labor remuneration for freelancers，It is also an option for professionals to obtain copyright income by selling commercial works on professional platforms.。

For example, the WordPress business theme template we have purchased before、Genuine picture material、Original background music、Various art and design works。in， envato.com is the world's largest digital business product trading platform。

Various design works you sell on the platform，Finally, payment can be collected through Payoneer。

Other collections

In addition to the above-mentioned industries, Payoneer can be used to complete payment collection.，There are many, many, many platforms、website、The company supports using Payoneer to complete payments。Including travel short-term rental platform airbnb、Tujia。actually，Payoneer can collect payments from almost any U.S. company。

as far as I can tell，In the cross-border payment industry，Only PayPal and Payoneer can expand their business so widely。

Payoneer application and registration

The application process for Payoneer is very simple，Both individuals and companies can apply，almost no threshold，and it's free。

Enter the official website and apply for a Payoneer account for free. Apply for Payoneer now and get a $25 registration bonus and a 0.5% withdrawal rate discount.。

The registration process is divided into four steps：Basic personal/company information、contact information、Security Information、Bind domestic bank account information。

It is best to complete the registration process in one go，If it takes too long, you may need to refill it because the page times out.。

Click on the link above，Enter Payoneer official website，Fill out the new user registration form directly。

illustrate：Payoneer: Should I register a personal account or a business account?，Please decide according to your collection and cash withdrawal business type and specific needs.。

If your business only involves withdrawing US dollars in your Paypal account, converting it into RMB and depositing it into your personal bank account，You can register a personal account。
If you have a business license or are an individual business owner，To make the subsequent use of your offshore account smoother，Please try to register a business account here，Corporate accounts do not respond to personal settlement and other functions，And you can choose to settle the foreign exchange and transfer it to the company's public account.。

The Payoneer account registered by the company is bound to a domestic bank，Is it bound to a corporate account (a bank account opened by the company) orBank card of legal person or shareholder；Personal registration is bound to a personal bank card。

If your company may open Payoneer offshore in the future(Child)Account (only open to corporate users)，Please try to register a business account here。

Store URL here，If you are not a cross-border e-commerce platform store，Can be left blank。

Just wait after submitting for review。Usually very quickly 1 Results will be available within 1 working day。

Wait until the Payoneer account is officially opened.，You can withdraw money from Paypal to your Payoneer account。

In Payoneer backend，【Payment】- GLOBAL PAYMENT SERVICE，You need to complete the upload of ID card and basic information questionnaire(Know your business type)。

after finishing，Bank accounts in different countries and currencies will be assigned。as the picture shows，Opened for us 6 Different bank accounts in currencies。

to be honest，I really can't find any difficulty in the application process.，The only thing that is a little more cumbersome is the submission of supplementary information，You can choose to submit your passport、Any supporting document from your ID card or driver’s license。After complete verification，Your Payoneer account is activated。

Enter the official website and apply for a Payoneer account for free. Apply for Payoneer now and get a $25 registration bonus and a 0.5% withdrawal rate discount.。

Payoneer offshore sub-account

Foreign trade companies can register to get an offshore sub-account using Payoneer for free。The company title of the account can be the English name of the company (the English name of the company on the foreign trade operator registration information)，The account number uses the account number of the Payoneer offshore sub-account.。Deposit is free，Fees are charged for withdrawals and transfers 0.5%。The entire process does not affect normal business foreign exchange collection and settlement.。

Notice：0.5%cost of，Only for B2B business users。This offshore global wire transfer account can only accept wire transfers from foreign customers.，Cannot collect income from e-commerce platforms

As more and more customers need to receive payments from the platform or overseas customers through wire transfer (SWIFT) channels，Based on the original local bank payment service (Global Payment Service)，Payoneer launches additional U.S. offshore bank account for wire transfer collection，It can replace mainland bank accounts or Hong Kong offshore bank accounts for foreign trade collections，Overseas buyers’ wire transfer experience remains unchanged。

Advantages of use

1. No need to open a separate Hong Kong offshore account，Reduce costs and eliminate the risk of account being closed for no reason
2. Funds credited，Can be withdrawn to company or personal bank account according to needs。Tax refunds can be obtained by transferring U.S. dollars to a domestic company’s U.S. dollar account
3. Withdraw money through different channels (Mainland or Hong Kong，company or individual)，spread risk
4. Withdraw money from personal bank and settle RMB directly，Not personal 5 Foreign exchange quota of 10,000 US dollars

Information contained in offshore accounts

Account Name： Payoneer Inc<Can be replaced with your own company name>
Account number：
Bank Name: Deutsche Bank Trust Company America
SWIFT Code :
Bank Address：

manual

➢ Provide offshore account information to foreign customers (currently only accept payments from foreign company accounts，Personal account payment is not supported yet)
➢ Customers pay via wire transfer (SWIFT)
➢ Funds enter Payoneer account
➢ Cash withdrawal operation (Mainland/Hong Kong bank)

Application conditions

Notice：At present, it is mainly targeted at enterprise users and individual industrial and commercial households.。Foreign trade Soho individuals also accept applications and registrations。

mainland、Hong Kong/Taiwan companies can apply，You need to register a Payoneer account first，Then apply for offshore account information from the account manager。
Account registration can register a company account，Company business license required。

Several ways to collect money on Pay Anying

• method one、Open a PCA offshore wire transfer account (the account is Metropolitan Commercial Bank of the United States – Metropolitan Commercial Bank of the United States)，This is equivalent to a traditional offshore account，Customer remittances are still via T/T wire transfer。After receiving the payment, you can transfer it to a domestic bank’s public account in U.S. dollars.，Tax refund available。If you are paying for the export，It can also be settled directly to the associated personal bank account，Deposit directly in RMB，avoid per person per year 5 Personal foreign exchange settlement limit of 10,000 US dollars。
• Method 2、Payanying supports opening foreign local virtual bank accounts，Foreign customers can transfer money using the local bank settlement system without going through the SWIFT wire transfer system.。This local virtual bank account also supports Paypal USD withdrawals and cross-border e-commerce seller payment settlement.。
• Method three、It’s just an ordinary transfer between Pay Any accounts.，Similar to transfers between Alipay accounts。Customers need to register for a Pioneer account，Then transfer it from his PC account to your PC account。

Four ways to withdraw cash from Paypal

Some foreign trade people are very anxious，Because sometimes foreign customers find the sample fee troublesome and the handling fee is high.，Just paid via Paypal；Some foreign trade people also help customers do some purchasing.，Customers also pay via Paypal。There are also foreign traders who work on cross-border e-commerce platforms.，I received a lot of US dollars in Paypal.，I don’t know how I can withdraw it.。

under current circumstances，You still have at least four options：Payoneer、Chouzhou Commercial Bank、Easy Foreign Exchange Settlement and Anliang Foreign Exchange Settlement。

Withdraw money from PayPal to Payoneer

PayPal is the most widely used payment method for cross-border e-commerce sellers，It is also one of the most troublesome payment collection tools for Chinese cross-border e-commerce sellers.。No matter which payment tool you choose，Everyone should avoid leaving funds in a collection agency account for an extended period of time，It is a wise choice to withdraw money promptly to your local bank.。

But it’s not that easy to withdraw cash from PayPal。There are four ways to withdraw the balance in PayPal。The first is to wire transfer to a domestic bank account ($35/transaction)，The second is to wire transfer to a U.S. bank account ($35/transaction)，The third is to wire transfer to a Hong Kong bank account (free)，The fourth is check withdrawal ($5/transaction)。

Notice：If you want to use Payoneer to withdraw USD from Paypal，This First Century Bank bank account cannot be bound to Paypal.，So I have to ask Payoneer to change a bank account。

If you have a PayPal business account，In principle，Balance withdrawals can only be made to local banks with US dollar accounts opened as a company.，And those reporting procedures and compliance work，It needs to be able to withstand verification.。

If you have a PayPal personal account，Withdraw money via wire transfer to a domestic bank。This type of wire transfer is an overseas public-to-private remittance.，so，Easier to trigger SAFE review，Usually limited to less than $5,000，And don’t collect payments too frequently。so，If you don’t verify with the local bank in advance, you can deposit it into your account.，Just blindly withdraw cash via wire transfer，Then it is very likely that the funds will be returned，And deduct US$35 plus US$15 intermediary bank fee，Not only did things not get done，Instead it costs an extra $50。

in fact，This kind of thing has happened not once or twice.，Because I touched it too much，To appease customers，PayPal is forced to refund fees to users who had this kind of withdrawal bounced for the first time。certainly，This compensation is limited to the first time only。

Payoneer can not only solve the problem of policy restrictions here，And you can withdraw money directly to your personal bank account without the limit of $50,000.。

Withdraw money from Pay Anying to a U.S. bank account

Payoneer offers virtual US bank accounts，PayPal can bind this account to PayPal's withdrawal account，Then withdraw the balance directly to your Payoneer account。in fact，Even a PayPal business account，You can also smoothly transfer your account balance to Payoneer。certainly，It’s the same as withdrawing cash via wire transfer to a domestic bank.，35USD/pen。

When funds enter Payoneer，Sellers are not subject to the annual foreign exchange settlement limit of US$50,000，After direct conversion into RMB，Withdraw money to your own domestic bank account，Attention，A Payoneer withdrawal fee ranging from 0.3-1.2% will be deducted here.。This method is much less troublesome than withdrawing cash to China via wire transfer.。

Let’s do a withdrawal test：Withdraw money from PayPal to Payoneer，Then withdraw money from Payoneer to your domestic personal bank account，Take no more than 2 days。

actually，After clicking the withdrawal button from your PayPal account，The withdrawal fee was received in the Payoneer account the next day.。

Then withdraw money from Payoneer to a domestic bank，About 2 hours later，I received a bank deposit WeChat notification on my phone.。

Real test results：Withdraw money from PayPal to Payoneer，Then transfer it to a domestic bank account，No more than 48 hours。

Send Anying to withdraw money to a Hong Kong bank account

The only free cash withdrawal method with Paypal is to withdraw money to a Hong Kong bank account。There will be a 2.5% currency conversion fee when converting US dollars to Hong Kong dollars in PayPal，so，This method of withdrawing large amounts is not cost-effective。But for small withdrawals with only a few hundred dollars in your account balance，But very worth trying。This method is suitable for small dollar withdrawals。The Hong Kong DBS Bank account issued by Payoneer is used here.。

The operation method is also very simple，Copy and paste Payoneer’s Hong Kong bank account information into PayPal’s Hong Kong bank withdrawal account，Complete with reference to the picture below：

Then，We conduct a small withdrawal test，Same as last testTake a photo and enjoy the Tap&GSame，We still use $20 for the withdrawal test，The process was very smooth，PayPal shows success!

at last，We can withdraw the funds received directly to domestic personal banks in RMB。Using a Hong Kong bank account issued by Payoneer is a reliable way to withdraw small amounts of PayPal cash.，This works for many affiliate users，It is a very valuable cash withdrawal method for small and medium-sized independent website sellers.。

Paypal withdrawal to Chouzhou Commercial Bank

In fact, it is based on Yiwu’s convenient policy，Yiwu self-employed foreign exchange settlement account。Can settle foreign exchange via PayPal and e-commerce platform Amazon, Ebay , Wish and other foreign exchange。

process：First, you need to register a business license for individual industrial and commercial households in Yiwu(Can be handled through an agent，time 3-4 working days，agency fees 500 about)；

Secondly，Go to the bank to open a self-employed account in person、Personal card (go to a cooperative bank in Guangzhou or apply in person in Yiwu)，Bind paypal account，It can usually be done on the same day。

After handling the Yiwu self-employed bank account，In addition to withdrawing money from paypal，Can also be used alone asForeign exchange collection and settlement accountto use。The maximum annual foreign exchange settlement amount of this account can be 500 Thousands of dollars。

PAYPAL Withdrawal，It will arrive in about three days，Independent foreign exchange settlement，RMB transfers are also free transfers。have to be aware of is，This method only applies to paypal personal accounts，If it is a business account, please call PayPal official website customer service。

If you have any doubts about the details，Please contact Chouzhou Bank Business Manager for consultation，Zhejiang Chouzhou Bank official website：http://www.czcb.com.cn

effectiveness：Many friends have successfully completed Paypal withdrawals through Chouzhou Commercial Bank。

Withdraw money from Paypal to Anliang Exchange Settlement

Chongqing Anliang Network Technology Co., Ltd. "Anliang Exchange Settlement" was established with the approval of the State-owned Assets Supervision and Administration Commission of Anhui Province，A comprehensive foreign trade service platform under Anhui Anliang Holdings Co., Ltd.，Aims to provide professional foreign exchange for cross-border e-commerce companies and individuals、logistics、Full industry chain foreign trade services including overseas warehouses and supply side。

The parent company Anhui Anliang Holding Co., Ltd. was established in 2010 Year，It was approved by the State-owned Assets Supervision and Administration Commission of Anhui Province，Depend on 1976 A large state-owned enterprise group restructured from Anhui Grain, Oil and Food Import and Export (Group) Company, which was established in。Registered capital of the company in RMB 7.5 billion。The company's main business is：Import, export and domestic trade、Deep processing of agricultural products、real estate development、Construction project contracting、Financial investment, etc.。2016 Year，Company sales revenue 190 billion，Total import and export volume 11.7 One hundred million U.S. dollars，Total assets 217 billion。Company ranking 2016 Ranked among the top 100 enterprises in Anhui Province 21 Bit、Chinese service industry companies 500 Qiandi 197 Bit，Company brand (Anliang) value 32.5 billion。

Anliang Exchange Settlement is applicable to Paypal receiving merchants，Amazon、AliExpress、Ebay、Self-built website merchants, etc.。Every transaction 47 USD handling fee，Maximum improvement every time 10 Thousands of dollars。

• 1、Paypal withdrawal、Ebay、Amazon、AliExpress、On-demand foreign exchange settlement for cross-border e-commerce or personal trade such as personal SOHO，Does not occupy personal annual foreign exchange settlement quota，Achieve unlimited foreign exchange settlement；
• 2、All currencies such as USD、EUR、GBP、Hong Kong dollar、Australian dollars and other currencies can be settled in real time；
• 3、Settlement of foreign exchange according to the bank's real-time listed exchange rate，public、transparent、No exchange loss；
• 5、Real-time processing of foreign exchange settlement funds、Settlement to RMB account on the same day，convenient、Quick、Safety。

Settlement process

• Provide relevant information about cross-border e-commerce companies or individuals。ID card，cell phone，Mail，address，Bank card number, etc.。
• Signed a cross-border e-commerce transaction authentication service agreement。
• Apply for an "Industrial e-Card" virtual card on the official website of Industrial Bank，When opening an account with Xingye, you should choose Chongqing Nan'an Branch。
• Contact the business manager of Anliang Settlement and Huitong to register and bind PayPal，Withdraw the pending foreign exchange to the opened account，In response to the requirements of the State Administration of Foreign Exchange and Certification Center，Provide transaction records and other relevant information required for certification，Foreign exchange settlement is completed on the same day or within 1 working day after the foreign exchange reaches the customer's bank account.。The only material required is your PayPal transaction history。After submitting your PayPal transaction，Anliang audit。After passing the review 2 Arrive in the account in about days。

effectiveness：Some friends use Anliang Settlement and Exchange，Completed Paypal withdrawal。

Payoneer fee

honestly，Payoneer withdrawal fees are a bit confusing。I try in Payoneer official website Looking for some clues about the rates，But couldn't find any information related to rates。The reason is also very simple，Payoneer direct customer rates are generally higher than most domestic collection companies。Since it is a shortcoming，You have to hide it too。

Payoneer new user registration time，It will be executed directly at a rate of 1.2%。but，If you are an old customer of Payoneer，If you do not apply to customer service for a rate reduction，So，Your rates will still be at the previous 3% rate。

Payoneer’s high fees don’t seem to be Payoneer’s strong point，No company is willing to publicize its disadvantages on the homepage of its official website，It’s no surprise that I can’t find any information on this.。The opposite of，The practices of several other collection companies are completely different.。For example, the homepage of the worldfirst official website：

certainly，If your collection volume is large enough，You can also apply to Payoneer to lower this rate.，As for how low it can be reduced?，1%? 0.6%? It depends on the size of your payment。at this point，It seems that small and medium-sized sellers are not very likely to get discounts on rates.。but，Fortunately, Payoneer still has its own unique features in many places。

• Paying from one Payoneer account to another Payoneer account isfree。If your customers or service providers also use Payoneer，This can help you save money；
• The fastest time for withdrawing money to a local bank is 2 hours；
• Extensive support for the most cross-border e-commerce platforms
• Support PayPal withdrawal；
• Support applying for Strip account with Hong Kong bank account issued by Payoneer
• No account setup fee，There are also no monthly account fees。
• Support USD、GBP、EUR、JPY、Australian dollar、Hong Kong dollar、JPY、Singapore Dollars、Mexican Peso and more；

There is a $29.95 annual fee only if you use the Payoneer Debit Mastercard，However, it is possible to apply for exemption from this fee in certain circumstances。

To sum up，Although Payoneer’s rates are higher than most domestic cross-border collection companies，But the platforms it supports、The value-added services and unique functions provided are not available in these cross-border collection companies.。This is why even though Payoneer has the highest rates，But still except PayPal，The cross-border payment collection tool with the highest market share。

Payoneer Virtual Credit Card

Introduction to MasterCard Physical Card

Payoneer is an authorized issuer of MasterCard，Just like many domestic banks，Can issue bank cards。However, P Card is currently the only company among many collection companies that can issue U.S. bank cards.。This card can be used to withdraw money from any ATM or POS machine with the MasterCard logo around the world.。

Register a Payoneer account，By default a virtual US bank account and several other national bank accounts will be automatically issued in your account，USD is issued by default、EUR and GBP collection accounts。use these accounts，You can successfully collect from cross-border e-commerce platforms、Stripe、Payments with PayPal and the Affiliate and Freelancer platforms。

When your account has a balance，You have 3 ways to manage your account balance：

1. Withdraw RMB directly to domestic bank account；
2. Free transfer to other Payoneer accounts，(Pay to suppliers who also have Payoneer、Logistics service provider)；
3. Apply for a Payoneer physical MasterCard card，Take advantage of this physical card，Withdraw cash from an ATM with the Mastercard logo、Or consume and use it online、Or swipe your card at POS machines in shopping malls and supermarkets.。

In the early days, Payoneer mainly issued physical cards.，As demand for virtual bank accounts grows，Use physical card accounts that require annual fees to restrict many users with payment needs from joining.，And physical cards have higher management and maintenance costs.，Including handling the problem of lost cards。so，From March 21, 2016，Payoneer starts enabling cardless accounts。That is, the default accounts newly registered are Payoneer cardless accounts with no annual fee.，Physical MasterCard cards will no longer be issued。

2020Year，German payments giant Wirecard files for bankruptcy。As a physical card issuance partner of Payoneer，Payoneer was implicated in this incident，As a result, the customer's physical card is temporarily frozen.。Although after a few days，Physical card unblocking。But this event，There has been some impact on Payoneer’s reputation。subsequently，Payoneer sets up its own European card-issuing company，Prepaid debit cards are also switched to Payoneer (EU) Limited”。

virtual debit card

2021Year，To facilitate customers’ cross-border payments，Payoneer begins internal testing of virtual debit card。Payoneer Mastercard physical card is also gradually withdrawing from the stage of history。The new virtual debit card has many features，One account can issue 50 different virtual debit cards，And consumption payments generated through virtual debit cards，will receive additional rebates。

at present，Virtual credit card applications are only open to customers whose monthly payment volume exceeds $100,000.，After completing all tests，Applications may be open。

Physical card charges

Payoneer physical card maintenance costs are higher，It is usually required that the Payoneer account has received at least US$40.，to apply。

Card activation fee：29.95Dollar

annual fee：29.95Dollar，(If the card is lost，Card replacement fee：$ 12.95）

ATM withdrawals：$ per transaction 3.15，and currency conversion rates of up to 3.5% of the withdrawal amount。

Mailing cards is free，The user fills in the card collection address in the background，The card will be mailed to you for free from the overseas bank in about 20 days，The card can be used after activation。If you are in a hurry to receive your card，Can be paid for an additional $40，Shipping via DHL，After the card is mailed to the country，Some places will deliver it to SF Express for transshipment.，It will take about 7 days to receive it。

Payoneer Mastercard physical card although the annual fee is high，but in some cases，But it can help users solve some practical problems，For example, dropshipping procurement。

Physical card usage

for most people，This card is of little use，Because it’s done in the country，the cost is too high，The exchange loss is too big。I have used this card to withdraw money from China Merchants Bank ATMs.，Not cost-effective，I roughly took 2000-3000，A handling fee of 100 yuan was deducted。Booked a hotel in Guangzhou once，Only card information is provided，No password entered，Pre-authorization is completed，can be used。Purchased domain names and servers from Godaddy，USD settlement；Bought auto parts on an American auto parts website。I also bought something on AliExpress，Dropshipping。Things on AliExpress are super cheap，After getting orders on other platforms，Then go to AliExpress to place an order，Let the seller ship to the customer，Earn the difference，Maybe because transactions are too frequent，Later, I was also rejected by AliExpress.。Notice：Domestic credit card，AliExpress directly refuses，The Payoneer card is a bank card issued by Bank of America.，It can be paid，But don't overdo it，Otherwise it will also be rejected。

I booked a hotel in Shenzhen some time ago.，But the hotel only arranged a buffet breakfast，Traveling with children，Children pay half price separately，90yuan renminbi。I carry my Payoneer physical MasterCard card with me，Test whether the Payoneer card can pay successfully，and how many dollars will actually be deducted.，How about exchange loss。As shown below：

at current exchange rate，90The yuan can be exchanged for 12.68 U.S. dollars，$15.83 was actually debited from my account，But it was later confirmed，This 15.83 is just the maximum deduction amount，About 1-2 weeks later，The final deduction amount will be given，$13.15 here，That is the final deduction record，This exchange loss is within the acceptable range。

Payoneer Security

Undoubtedly，The security of money should always be considered as the most important issue。Assessing a company's security issues，Usually viewed from multiple angles。Payoneer’s 15-year history since its establishment。I was around 2010，I applied for the first Payoneer MasterCard physical card through an Affiliate website alliance.，Nearly 10 years now。Because it involves money security issues，so，Choosing some well-established collection companies always makes people feel more at ease.。

The long operating history has also allowed the company to form its own reputation in the market industry.，Is it good or bad?，We can also all get feedback through many channels，For example, user reviews on the Internet，Third-party evaluation companyTrustpilot ratings，And communication recommendations between sellers, etc.。

As of February 2020，15060 user reviews on trustpilot.com，80%Users gave rave reviews for its excellent performance，Its overall rating is 4.6 points。

certainly，This also provides an assessment of Payoneer’s security through：

policy compliance

Payoneer was founded in Israel，Headquartered in New York, USA，Holds MSB (Money Service Business) license issued by FinCEN (U.S. Financial Crimes Enforcement Bureau) and European E-money license。

• Venture capital from seven major venture capital groups including Ping An of China，Cooperate with more than 2,000 platforms around the world，More than 5 million active users；
• Is the issuer of MasterCard® prepaid cards，and Bank of America、barclays bank、Deutsche Bank、We have cooperative relationships with banking institutions such as Ping An Bank；
• For tech giant Google、Sharing economy Airbnb、Global funding from companies including outsourcing platform Upwork and commercial photography Getty Images；
• for Amazon, Wish, Lacing, CDiscount, Newegg, Shopee, Tophatter, Line, Jumia, Rakuten France, Free market, Jingdong, Payment on multiple platforms such as Walmart

Payoneer authorizes financial institutions with foreign exchange settlement licenses from the State Administration of Foreign Exchange to conduct foreign exchange settlements，There are no restrictions on foreign exchange settlement。

Starting from October 2019，Media Herald "Following PayPal, foreign-funded enterprise Payoneer may obtain a domestic payment license"。PayPal and Payoneer are the two most commonly used payment collection tools for cross-border entrepreneurs.，PayPal went through a marathon eight-year process of applying for a third-party payment license in China，Finally, through the acquisition of Guofubao’s equity，Curve to get license。As China further expands the opening of its financial services market to the outside world, the opportunities，Maybe Payoneer won’t be around for long，Can do business in China just like PayPal。

Account frozen due to infringement

honestly，Using PayPal is indeed a feeling of trepidation.，Especially operating cross-border e-commerce。Who can tell，Will your account be frozen because of a product infringement that you can’t figure out?，Then the so-called "equity party" deducted all the balance in the account?。PayPal’s approach is really different，Even the money received in the account，It’s not necessarily your money。It’s the money you paid with your own hands，You can also "use some means" to get it back。

Is Payoneer, an American financial payment company like PayPal, safer? How does it list these issues?

very simple，Payoneer simply does not accept funds directly from individuals or transactions that have not been reviewed by the platform.，Credit card payments embedded on standalone sites are also not accepted，Avoids the international rule that credit card payments can be recovered within 180 days。

Because Payoneer only accepts sales funds generated through platform transactions，Most of these platforms are websites of considerable scale or with high brand awareness.。In other words, sellers have already passed the platform’s identity review when entering these platforms.，Transactions generated on the platform，Sellers need to pay commission to the platform，These transactions are also genuine and credible transactions。Most of the risk issues related to product infringement，It has already been processed on the e-commerce platform，The platform and the seller are responsible for infringement issues。Payoneer just avoids these legal issues regarding infringement.，Only do collection。This is why，We have heard of many sellers whose stores were closed by Amazon due to infringement issues.、Punished by wish、Removed from Lazada，Account frozen by PayPal，But almost no seller has any infringement issues，Rumors leading to Payoneer account freeze。

so，When receiving payment with Payoneer，Don’t worry too much about your account being blocked due to infringement issues，Funds were transferred。

Account theft incident

I shared a story a few months ago about a Payoneer user’s account where funds were stolen.。After communicating with Payoneer’s feedback,，Fortunately, there was no danger，The stolen funds were eventually recovered。thereafter，Payoneer upgrades security measures and localized customer service support。but，I still want to remind all Payoneer users，When using Payoneer，Be sure to remain highly vigilant against all kinds of malicious intent。We are reviewing the entire process of this incident：

first step：

first，Hackers obtained users’ QQ email passwords through “various methods”，The QQ email is also the login account email for the seller to register Payoneer.。Hackers avoid triggering QQ warnings，Did not actively change the user’s email password。

in fact，Hackers stealing QQ accounts is a very common thing in the hacker industry.，It's also easy to succeed，Including myself, my QQ password has been stolen more than once。And most people’s QQ mailboxes are the same as their QQ login passwords.，That is to say，Hackers only need to know the QQ login password，You can log in to your qq mailbox。

for hackers，Perhaps by planting a keylogger on the seller's computer，Easily get the seller’s QQ email address。As for how to implant，I think the seller may have opened some unfamiliar email attachments or downloaded some unknown software before.，He was tricked without making any noise.。The keylogger can record all the user's keyboard input information.，And automatically sent to the hacker's mailbox through the built-in program，In this way, the hacker masters the QQ mailbox password、payoneer password and some sensitive information。And some negligent sellers，for ease of memory，Often the email password and Payoneer password are set to the same password，This makes things easier。

Step 2：

Hackers logged into users' payoneer accounts，Transfer all payoneer balances to another payoneer account registered in advance。Attention，Payoneer allows fund transfers between accounts，And it's completely free。thereafter，In order to avoid attracting the seller’s attention，and delete the operation record，The hacker immediately contacted Payoneer customer service by phone or other means and proactively canceled the seller's Payoneer account.。After account cancellation，The previous qq mailbox was also released.。Then，The hacker used this QQ email address to register a new Payoneer account.，The newly registered account information is consistent with the original account，mislead users，No funds have been recorded recently，This will delay the withdrawal time。

during operation，At each step, a notification email will be sent to the seller’s QQ mailbox.，To avoid attracting the seller’s attention，Hackers deliberately set emails from Payoneer as spam，After receiving the notification email，Delete now。This is why the seller never received any email notification from Payoneer。

third step：

to here，8Ten thousand yuan of funds has been successfully transferred to the Payoneer account registered by the hacker in advance.，And withdraw and transfer funds。It is speculated that the hacker has previously bound the bank card used for cash withdrawals.，Yes，Everything goes well，a few hours later，The money went into the hacker's bank card smoothly.。

Emergency treatment：

The seller took a look at the balance when he logged in to his account in the afternoon.，I originally thought that more than 30,000 pounds and euros would arrive soon.，Just make a withdrawal together。But after a few hours, I logged into my Payoneer account again to check whether the money had been received.，I found that all the original balance of more than 80,000 was missing.，And there is no information in the account’s historical transaction records，The account becomes a brand new account。

The seller immediately calls Payoneer customer service，It happens to be the weekend，It’s off work time again，No Chinese customer service，Can't find anyone to handle it，You can only call English customer service in the United States.。at last，After some communication and feedback，After querying Payoneer customer service，Notify that the money is being transferred，This transfer can be temporarily frozen at the seller's request，And freeze these 2 accounts at the same time。Then，Perform subsequent processing operations。Maybe only 1-2 hours difference，The money will go into the pockets of hackers。Fortunately, this incident，A near miss in the end。

event summary

Many domestic collection companies will require sellers to verify mobile phone verification codes when making cash withdrawals.，This is the same as the transfer and remittance operations on the APPs of most domestic banks.，Mobile phone verification will also be required to complete the operation.。But Payoneer has no mobile phone verification code operation at all.，One-click withdrawal is very convenient，But this also directly results in the last line of defense being easily breached by hackers.。After the incident，Payoneer promises improved security measures。

Thank you Chen Fei for your analysis of the whole incident.，That's right，I am a stolen user in this article，The whole incident is consistent with the facts，I would like to thank Chenfei for his fair and objective evaluation of some problems existing between users and P-cards.，It's also a good warning，The Internet is not that secure，I have comprehensively strengthened the security protection measures for all digital accounts。I hope P Card can seriously and thoroughly pay attention to the voices of small sellers and customers.，Fix security holes，As Chen Fei said，The user is gone，It's not that easy to come back。Thank you also to P Card for handling my case in a timely manner.,near miss，It's just a pity，The hackers may still be hiding somewhere，Waiting for opportunity to commit crime，I hope everyone can learn from it，Check to improve your account security level。Spear and Shield，Like two sides of a coin，always support each other，prepared person，At least it won't be broken with one hit。

to be honest，as a technician，When I see some good websites，I always habitually look at the source code of web pages，Or can you find something valuable by grabbing the json data packet?。so，Those Amazon inventory loopholes、Shopify data leakage vulnerabilities are also discovered through these inadvertent actions。

As for saying，How secure is Payoneer’s technology?。What system would a company with a market value of US$1 billion use to build a powerful official website? The answer is WordPress。

I have recommended sellers in previous articlesUse wordpress with woocommerce to build an independent self-built website。Here we look at the source code of payoneer，You can clearly see many of the wp-content labels in WordPress，Yes, including Payoneer’s official website, it is also built using wordpress.，in fact，The security of WordPress has also been fully recognized in the application of the official website of the White House in the United States.。

PayoneerOpen Stripe

Stripe is an essential tool for credit card collection for cross-border e-commerce independent sellers。But Stripe is not open to users in mainland China，so，If you want to successfully apply for Stripe, you can only apply for Stripe through a bank account in another country.。FortunatelyRegister a Payoneer account back，You get a U.S. bank account by default、A German bank account number and a British bank account number。I have introduced how to use Payoneer US bank account in my blog.、German bank account and Hong Kong bank account method curve application Stripe。Although all three methods can be successful,，But because of the threshold and later identity maintenance issues，There are more or less problems。We analyze and interpret one by one：

US bank account

After registering Payoneer，You will automatically get a virtual U.S. bank account number。about 2 years ago，As long as we have a U.S. bank account，Plus a US phone number that can receive text messages，Complete the US version of Stripe application。But now individual users in China can no longer successfully apply for a Stripe account through this method.。

But later due to U.S. tax regulatory issues，Found out they were all fake social security numbers，Stripe updates policy rules，This loophole is closed。so，for most people，This road won't work anymore。That is to say，If you don’t have an SSN number，It is impossible to apply for the US version of Stripe。

then，We thought of another way：Register a US company，Apply for a U.S. company Employer Identification Number (EIN) (Federal Tax ID)，Then，Then apply for Payoneer as a company，Get a U.S. bank account。Finally, submit the application to Stripe。

In the Stripe backend，Bind the EIN number，Will verify the number with the IRS，Approved，Achieve the purpose of obtaining a Stripe account。

certainly，If you are willing to toss，Register a US company，《139Register a U.S. company with U.S. dollars，Use American companies to do cross-border e-commerce 》，《It took half a month to successfully complete the EIN tax number application》These two articles will tell you how to do it。but，have to be aware of is，Stripe is connected to the US IRS system，All your financial records will be held by the IRS。

That is to say，Utilize a US bank account issued by Payoneer，Plus registering a US company，Only in order to successfully obtain a Stripe，This threshold has suddenly increased a lot。

german bank account

Payoneer can actually issue more than just U.S. bank accounts，Euro bank account numbers can also be issued (Germany)、pound account(Barclays Bank)、Japanese Yen Account (MUFG Mitsubishi UFJ Bank)、Australian dollar account、Canadian currency account, etc.。Let's follow the example of the gourd，Use a German bank account to apply for Stripe。

Stripe Germany region link： https://stripe.com/en-de

Then register directly step by step。The registration process is not complicated，There are also some optional input boxes inside，Fill in as required。after finishing，To activate stripe account，You also need to complete the following form。

Registration number and tax identification number are optional.，We can choose not to fill in。Next are the key steps，Fill in bank information。

Enter the German account IBAN number of your Payoneer account here，submit，Your stripe account is complete!

in fact，When your account begins to receive some funds,，Stripe will review the authenticity of your account，Similar to Amazon European KYC，For example, submit proof of identity and address documents。Many users have successfully completed these audit verifications。

but，Because of the authenticity of KYC certification documents，Some users have also received such email notifications。In this view，German Stripe’s KYC problem is a troublesome matter。

Payone Hong Kong bank account

years ago，Listen to a friend say PayoneerNews that DBS Bank Account in Hong Kong can be issued。out of curiosity，Try to contact Payoneer account manager to apply for issuance of Hong Kong DBS Bank account，as expected，Early the next morning，I have an additional Hong Kong DBS Bank account in my Payoneer account，Use the Hong Kong bank account issued for free by Payoneer to open the Stripe independent station payment tool at zero cost。

Then，According to the previous application process，Successfully applied to Stripe，and completed the test payment。

Enterwww.stripe.comOfficial website，Switch to Hong Kong region，Or open it directlyhttps://stripe.com/en-hk Hong Kong interface，Complete registration，The registration process is all in Chinese.，almost no obstacles，Submit the bank account information of DBS Bank in Hong Kong previously obtained from Payoneer in the corresponding form，And fill in the Hong Kong phone number obtained for free from the China Mobile Wuyouxing app。Then，Step by step，Complete registration。

to here，You have completed the Stripe application registration.，Next, you can happily bind your independent station to the Stripe credit card collection channel.，You can now accept credit card payments from customers.。

2021Year，Stripe tightens compliance oversight，Many users who used Hong Kong accounts to apply have received identity verification emails from Stripe.，This road is getting narrower and narrower。

Payoneer’s customer service phone number

Payoneer sends Anying Chinese customer service 400 toll-free hotline：400-841-6666
(Beijing time Monday to Friday 9:00 – 21:00 Saturday, Sunday and statutory holidays9:00 – 18:00）

Summary of payment collection by Payoneer

at last，What I want to say is，Payoneer is a must-have cross-border payment collection tool for cross-border entrepreneurs，Although its rates are not the lowest in the industry，Although it has some disadvantages，But Payoneer is indeed the most widely used，Most value-added services，The most complete cross-border payment collection tool。