Articles on: Payments

Withdrawing to a Payoneer Account

Withdrawing your money to your Payoneer account and ordering a prepaid Mastercard from Payoneer is a convenient way to access your funds. However, there are important factors to consider when choosing this withdrawal method.

Countries Available:
Payoneer is available in more than 200 countries. To see a specified list, please review them on Payoneer's website

goLance Fee:
goLance charges a fee of $2 USD per transaction for this withdrawal method.

Payoneer Fees
Payoneer charges a % of the fees you would like to use as well as a specified amount for each transaction.
Please review their fees on their website to be certain.

Time to Withdraw
Withdrawals are typically processed within one day. However, some transfers may require additional security clearances from goLance or Payoneer, which may result in an additional 1-2 business days.

One advantage of using Payoneer is that you can use their prepaid Mastercard to directly purchase goods and services without the need to open a local bank account.

One disadvantage of using Payoneer is that they reserve the right to close your account and withhold your funds without prior notice, if you violate their terms and conditions. It is essential to comply with their rules to avoid such consequences.

Lastly, please note that Payoneer is a third-party payment provider, and goLance has no control over the application approval process. After submitting your application, it will be reviewed by Payoneer, and you can contact their support for any inquiries about the status of your application.

Updated on: 21/02/2023

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