Wednesday 27 December 2017

How Nigerians can Open US Payoneer Bank Account


As a Nigerian author, receiving your books royalties can be an uphill task since Amazon and other book publishing platforms don't accept Nigerian bank accounts but you can open and own U.S bank account as a non-U.S citizen through Payoneer. It is a checking account and hence you are provided with a master card which you can use on any ATM in that accepts master card. This implies that you will no longer wait to accumulate royalties or earnings from your online businesses to a certain threshold before you get paid by cheque. To register and apply for this payment solution now, click here.

How Payoneer U.S bank Account Simplified International Payment

As an author or publisher, freelancer, or an affiliate you can use this service to receive your royalties or earnings from Amazon KDP, Draft2Digital, Google AdSense, Fiverr, Upwork and many others. You can register with Payoneer now if you need an account through the link above.

How to Register and Apply For Payoneer U.S Bank Account

You can apply for the Payoneer Bank account for free through the link at the end of this write up. Once you successfully register, you will receive an email informing you of the approval.

Make sure you use your legal details same with the ones used in your online businesses account. The next email you will receive from them will contain your bank account details like (The name of the Bank, account number, routing number, and your holder name). To register and open the Payoneer bank account, click here and follow the steps below:

  • Go to Payoneer website through the link at the end of this write up.
  • Fill the form provided with the required details.
  • Make sure you use a correct P.O Box mailing address or postal code of your area, house address, email, and phone number.
  • You will receive an approval email and account details through your email soon after registration.
  • In one of the emails you will be informed that your Payoneer card have been shipped through regular mail and the expected period of delivery.
  • From experience, the regular mail delivery is good but not too effective because the expected delivery period will pass sometimes without some people receiving the card. So, in such a case login to your Payoneer account and re-order the card but ask them to ship it through expedited shipping.

How to Submit the Required Documents

After successfully opening the account and while you await the delivery of the card, it is good you login to your Payoneer account using your email and password to submit the verification documents. At the bottom of the page, click on the button that ask you to submit evidence of your online business and identity card. Properly submit these documents.

You can now go to your online business accounts and enter your Payoneer usbank details appropriately. Make sure you select EFT as pay option and checking as type of bank account.


How to Re-order Payoneer Card

If after almost two months of application your card was not delivered by regular mail, then it is good you login to your Payoneer account to re-order it and then let them deliver it through expedited shipping via DHL which will cost you $40 and the card will be delivered to you in few days. The delivery cost will be taken from your Payoneer card and that was why I advised you to enter the account details into your online businesses account so that you will start receiving payments into it.

Note: Once you decides reorder another card in place of your missing or stolen card you will be charged extra $12 on ordering for a replacement. Also, to order your card via expedited shipping once the last regular shipment period is over without getting the card, use the "contact us" button at the bottom of the page and not through the manner you applied for reorder via regular mail shipment.

How to Activate Your Payoneer Card

Once you receive your Payoneer card, the next step is to login to your account and activate it. To do this, follow these steps:

  • Login to your Payoneer account.
  • Click on the "Activate" tab at the top of the dashboard.
  • Enter the card number in the field provided for it.
  • Enter your chosen PIN in the field provided for it.
  • Confirm the PIN by entering it again in the next field.
  • Click the ok button.

Note that in case you ordered more than once before the card was Delivered, you must select the appropriate card having the 16 digit number on the one delivered to you during the activation process.

Your Payoneer card is now activated and ready for use. This image shows the successful activation confirmation message.

How to Check Account Balance or Use/ Withdraw Cash

You can check your account balance by login toyour Payoneer account or through ATM as you go to shop online with your money. You can withdraw your fund in your local currency from any ATM that accepts master card worldwide or you shop online with your money and then sell off the product if you need the cash.

How to Refer Friends To Payoneer And Get $25 Reward

Refer people to use Payoneer and both of you will get a $25 reward once the person have received a total of $1000 through his account. To register and apply for this payment solution now, click here.

How to Enter Your Payoneer usBank Account Details into Your Amazon KDP Account

The procedures for entering your Payoneer bank account details into your KDP account are described below and note that this procedure is similar to adding your Payoneer bank account to other online platforms that accepts it:

  • Login to your KDP account.
  • Scroll down to just after the tax interview and click on the "Add Bank'' link.
  • Select the country from the list which is US since Payoneer bank account is a US account.
  • Enter the bank name, account number, routing number, your name as the holder in the fields provided for them and select checking as the type of account. This will automatically be added to all the national market places.
  • Click on the + sign in front of each market place to confirm that EFT payment option is selected and also set the currency of your choice.

6 comments:

  1. Great info about the Payoneer bank account. Will try it. Hope they are reliable...

    ReplyDelete
    Replies
    1. Good to know the information met your expectations.

      Yes they are reliable from my own experience with them.

      Delete
  2. they are asking for bank detail,which one to fill

    ReplyDelete
  3. Mr. Steven, thanks for your wonderful submission.
    Please for the tax information, how are we going to do it? Is any way for exception or reduction instead of paying 30% tax.
    Thanks.

    ReplyDelete
    Replies
    1. For you to be able to avoid the 30% deduction, your country must have a tax treaty with the US and you will then use your tax ID and documents to process the tax issue with Amazon.

      Delete

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