How to Transfer Money from PayPal to Payoneer?

How to Transfer Money / Withdraw Funds from Paypal to Payoneer MasterCard?
Earning Money Online seems very lucrative option, thousands of people are earning their livelihood by providing online services or selling their products on the web. This is indeed profitable as compared with a 9 to 5 job. Earning Online is usually considered as a business, where your target market is whole world, your business remains open 24/7 and you can interact with international audience and provide them your services / products. All this process involves rotation of money from one hand to another and that’s only possible with some sort of reliable intermediary service which we term as payment gateway. PayPal is being widely used as an online payment processor that helps to send and receive money with few simple mouse clicks. You only need to have a valid email address to get started with Paypal. Payments can be sent and received on registered Paypal email accounts. Paypal works globally in most of the countries where internet access is present.

Paypal to Payoneer Funds Transfer
Some countries are not supported by Paypal, as the country names aren’t present in Paypal’s signup application form. This does not mean that you cannot use Paypal from those unsupported countries. I have written a complete guide on How to Create Verified Paypal Account in Unsupported Countries. And it works like a charm. Freelancers and Bloggers Make Money Online with variety of ways and receive their hard earned income mostly with Paypal. If you are lucky enough to be that part of those countries where Paypal supports bank withdrawal, there won’t be any problem for you. Perhaps this is a challenging situation for freelance workers that live in a non-supported Paypal country and can only receive the payments but cannot withdraw them as their local banks are not supported for funds transfer. I am writing this guide for those who are facing challenges while withdrawing money from Paypal.

Paypal to Payoneer Funds / Money Transfer Guide

Paypal to Payoneer Funds Transfer Tutorial Guide
1. Signup for Payoneer MasterCard (During Signup Make Sure to use the same name as you will use for your Paypal account. It might take a month for your Payoneer MasterCard to get delivered to your home. You will earn $25 bonus for signing up from the above link, once your card has been loaded with $100 or more.)
 
2. Create Paypal Account (Use United States as your country name during signup & your name must be same as of your Payoneer account name.)


3. Verify and Link your Paypal account with Payoneer MasterCard. (You must have funds / money in your Payoneer MasterCard, $10 should be sufficient to have in your Payoneer account, that money will be used by Paypal to verify your Paypal account with Payoneer. Paypal only deducts small amounts from your Payoneer Prepaid Debit MasterCard, which will be refunded back to your account once it has been verified.)

4. Apply for US Payment Service in your Payoneer Account.

Payoneer US Payment Service
On approval of US Payment Service, Payoneer will provide you with the details of your US Bank Account:
Bank Name: Bank of America
Account Holder’s Name (that’s your name)
Bank Routing Number: 9 Digit Routing Number
Account Number: 
17 Digit Bank Account Number
Account Type: Checking
 
Payoneer US Payment Service Details

Verification of Paypal Account with US Payment Service

5. Click on Get Verified Button after logging into your Paypal account. Paypal will ask you to link your Bank Account, Select CHECKING as your account type & enter the Bank Routing Number as well as Bank Account number which you had received from Payoneer US Payment Service in Step number 3. Paypal will now deposit two little sums of money that will take 2 – 3 days to appear in your Payoneer’s Transaction History (Statement). For instance the sums of money could be $0.24 & $0.76. Since these amounts are randomly generated for every user. You will have to find out these two amounts under the Transactions history of your Payoneer account. You can enter the amounts in any order, since the order of entering amounts doesn’t matter. After entering those amounts please hit submit button. Congratulations, now your Paypal account has been verified and you can easily withdraw your money from Paypal to Payoneer Debit MasterCard via US Payment Service.

Paypal Bank Account Verification with two amounts


6. Now You can easily receive & withdraw payments on your Paypal account even in a non-supported Paypal country. Log into your verified Paypal account & Navigate to Withdraw > Transfer to Bank Account.

Enter the amount you need to withdraw from Paypal to your Bank Account (Payoneer US Payment Service) and click continue. It will take around 3 – 4 business days for your transaction to complete its process. Upon successful transfer of money from Paypal to Bank (Payoneer US Payment Service) it is subject to 1% fee. Later on you can withdraw your funds from Payoneer MasterCard from any supported ATM across the globe. I hope this article will help my readers to easily transfer their hard earned online income from Paypal to their Payoneer MasterCard.
PayPal to Payoneer Money Transfer Service
PayPal to Payoneer Money Transfer Service

You can also use your Payoneer MasterCard to Withdraw Money from Amazon & InfoLinks.

Note: Its a friendly and valuable advice to my readers, not to keep funds in your Paypal account that has been created this way for long time period. Always make sure to transfer funds into Payoneer MasterCard as soon as possible. As Paypal is not officially supported in some countries, this method works 100%, but we should always take care of such little but useful things that will help you to prevent any financial loss in future.

Payoneer Fee Structure:

US Payment Service Fee: 1% per transaction (For instance you need to withdraw $1000 from Paypal to Payoneer using US Payment Service, you will receive $990 in your Payoneer MasterCard, as $10 is 1% fee charged on $1000 withdrawal)
ATM Transaction Fee: 2.5 USD per transaction (If you will make more than three transactions in any month, subsequent transaction fee would be $1 per transaction)
Maintenance Fee: $3.0 per month (In order to avoid this fee, make sure to withdraw funds as soon as you receive them, if you want to keep money in your Payoneer MasterCard, it will be charged $3.0 on monthly basis.)

Update: December 9, 2014: This method used to work fine in the past but unfortunately PayPal will not be accepting Payoneer’s US Payment Service’s Bank Account Details To Transfer Funds / Money from PayPal To Payoneer MasterCard. Therefore this method will be not be valid to withdraw and move your money from PayPal to Payoneer MasterCard.

You can still use your Payoneer Master Card to receive your hard earned online income from many other online freelancing websites including oDesk (Withdraw / Transfer Money From oDesk Using Payoneer MasterCard), Fiverr and you can also Withdraw / Transfer Money from Amazon Associates Account To Your Payoneer Master Card Directly Through Bank Transfer.
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  • A H M SHAKIR

    Hey I’m SHAKIR from Bangladesh. I have my verified payoneer master card. Now I need to do a payment which accepts master card. But it doesn’t accept PayPal. So what should I do. Link the bank account which I created through payoneer or link my master card which was delivered to me and then I verified it. As linking the card with PayPal will ask $10 in my MasterCard to verify which I don’t have in the card. And still I couldn’t earn anything for $10 deposition in the card. Look Brother, in my country I have organisation from whom I can withdraw my PayPal money (from my PayPal to there’s PayPal). So I don’t need payoneer card to withdraw my money.

    I’m intending to use the MasterCard where it’s going to be connected to withdraw money directly from the site which permits MasterCard for money withdrawal.

    But right now my payments for signing up a site needs to be done by a MasterCard. So if I link my bank account with PayPal and transfer $100 to my payoneer bank account (as sign up amount is $97) then can I do the payment with the MasterCard?
    Please let me know what should I do. I prepared $100 in my PayPal account and waiting for the direction.
    [Sorry for the long description but I needed to explain my problem as briefly as possible]

  • If you have a verified PayPal account and you already have added the bank account to your Payoneer Card for verification. You can now add another bank account which will be given to you by Payoneer (Bank of America probably). If your Payoneer bank account gets accepted by PayPal, in that case you can withdraw your money easily. Good luck!

  • A H M SHAKIR

    If I link the bank account with my PayPal and transfer the money to my account so then, can I do any payment by using the MasterCard which came against my bank account?

  • Once your Payoneer MasterCard is loaded with money, you can make any Master Card transaction easily.

  • farah naz

    hello, I face same issue. kindly tell me how to fix? my amount stuck in paypal. what to do now? kindly reply soon

  • What issue you are facing?

  • Sumera Earam

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  • Anonymous

    Hi, I want to know about the payoneer, it’s giving me a tough time, I’ve been working as a freelancer lately and it deducts too much money out of my account, last year in December i loaded some money to my account and it made an annual deduction. Now the problem is that I want to pay some money to a various hosting site which only allows mastercard, visa card and asks for a paypal account, the minimum amount to pay for that site is $2.49 and I have very less amount in my payoneer account, as about I can only pay the above amount, but every time I try to give my card number, it says insufficient balance in account. How much money should I have at least to pay that hosting website. I really need to know, please. I’d be grateful to you. Thanks!

  • Hi

    If you want to pay $2.49, make sure you have atleast $5 in your Payoneer account to be at safe side, if there are any extra deductions, please check with where you are paying and contact payoneer support.

  • babu

    hi . my payoner account show us payment service bank name Community Federal Savings Bank or bank account have 10 digite. but you tell 17 digit . or bank adress which adress i write in paypal . can you clear me . i need your help or can give your mobile number then i can talk you. plz help me . thanks in advanced.

  • Well its not an issue, if your bank account in Payoneer is showing 10 digits, you can enter only 10 digits.

  • babu

    which bank adress i give can you tell

  • The bank address is given by Payoneer, once you apply for US Payment Service.

  • suliman khan

    Hello
    Please help me my paypal account does not accept my payoneer bank account when i add my payoneer bank account to paypal so paypal said error we are not accept payoneer
    please help meeeeee

  • Please contact PayPal support and make sure you have a verified PayPal account.

  • Mubashar Sajjad

    Do you have money in your payoneer card. I was facing the same issue but then i loaded 50 usd in payoneer card. They deducted 30 usd as annual fee and then it was linked successfully. In fact paypal deducts 1GBP or 2.5 usd depends on ur card currency. Then within 2 working days a 4 digit code appears on your payoneer statement and you update that 4 digit code in the paypal interface.

  • Thank you for contributing a valuable answer. 🙂

  • Faad Charlie

    Can you send me 10$ in my payoneer I will give you 13$ in your PayPal

  • Sorry we are not offering any sort of money exchange services.

  • Salman Ahmed

    hi can you send me just $ 5 in my payoneer debit card? I’ll be gratified of you

  • Usama Subzwari

    i had verified my paypal through my payoneer bank account.. it was verified to 60% but when i logged in today my account is on 0% verification… i am trying to link my that US bank which was given by Payoneer but paypal isnt accepting and saying try again later. please help me.

  • It is not possible to verify PayPal with Payoneer now. It used to work, but not now anymore.

  • Usama Subzwari

    then what should i do now? can i still link my payoneer card to my paypal account ?

  • No it cannot be attached anymore. PayPal will probably remove it. If you have any relative living abroad (USA, UK, Australia, Germany & Canada), you can ask them to create a PayPal account for you, they will need to provide legit contact details, bank details and some other verifications which are necessary for PayPal.

  • Usama Subzwari

    yes my uncle lived in USA and he created my paypal and he entered his Mobile number to verify that account and his address too. but i wanna attach my payoneer card not his. i think it will be possible. and they wont remove it.

  • In that case, you should give a try and contacting with PayPal support will be a lot more helpful, since you have a legal PayPal account.

  • kennedy

    pls i wan to know the 30usd they deduct is it annually or it a onetime fee

  • This is annual fee. It is deducted one time annually and then there are monthly maintenance charges which are around $3 per month.