Payoneer was established in 2005 with $2 million in seed financing from creator as well as then-CEO Yuval Tal and also other private financiers. 83North (Greylock Israel) led an extra $4 million in financing in 2007, with extra financiers consisting of Carmel Ventures, Crossbar Capital, Ping An, Wellington Management, Susquehanna Growth Equity, Naftali Bennett as well as Nyca Partners. Given that 2005 Payoneer has actually raised over $265 million from financiers.
With Payoneer account, you can handle your business in several currencies, target brand-new markets and also global chances, and also gain access to working capital to drive your worldwide development.
The Payoneer neighborhood is growing every day– we invite numerous countless brand-new consumers each month. In addition to countless clients and also our 2,000+ staff members, countless individuals have a Payoneer tale to inform. Have a look and also you’ll see how Payoneer might work for you as well as possibly how you might deal with us in among our international workplaces.
When you’re relying on a business to move your cash around, the statistics must feel attempted, checked, and also reassuringly huge. Payoneer has a performance history returning to 2005, is openly noted (Nasdaq: PAYO) as well as relied on by the greatest brands in tech, banking, and also service.
You’ve done the work, the client has paid, and now you just want your money in your bank account. Then you open Payoneer and notice something called “minimum withdrawal.” It can feel confusing, especially if you only have a small balance and you’re trying to cash out. Once you understand the basics, it’s much easier to plan. It’s okay to start small today.
Payoneer is a global payments platform used by freelancers, online sellers, and businesses. It lets you receive payments, hold balances in multiple currencies, and use those funds in practical ways—like withdrawing to a bank account or paying suppliers. Payoneer also offers card options in some regions, so you can spend from your balance and withdraw cash at ATMs where supported.
How to Use Payoneer
- Create your account and complete any verification steps Payoneer asks for.
- Add your bank account inside Payoneer (this is where withdrawals will land).
- Receive payments into your Payoneer balance (from marketplaces or by sending a “Request a Payment” to a client).
- Withdraw to your bank by going to Withdraw & transfer → Withdraw to bank, selecting the balance, and entering the amount.
Payoneer shows a review/summary before you confirm, so you can see the final amounts and any fees.
Payoneer Minimum Withdrawal and Payment Options
Here’s the main point: Payoneer doesn’t publish one single minimum withdrawal amount for every user. For “Withdraw to bank,” Payoneer explains that how much you can withdraw depends on your available balance and your own minimum/maximum per transaction, and these limits are shown inside your account under the relevant field. Payoneer also mentions an overall monthly withdrawal limit that can trigger a warning if you go over it.
So, treat the minimum as “your account’s rule.” If the minimum shown is higher than your current balance, you may need to wait for more payments or withdraw in a larger batch.
If you use automatic withdrawals (immediate, weekly, or monthly), Payoneer again points you to the minimum and maximum amounts displayed in the plan settings.
Fees can also make small withdrawals feel “not worth it.” Payoneer lists card cash withdrawal fees (for example, 3.15 USD / 2.50 EUR / 1.95 GBP) plus possible extra charges depending on currency conversion. Payoneer also lists fixed fees for some local bank withdrawals, such as 1.50 USD for USD-to-USD withdrawals when certain country/currency conditions are met.
On the “getting paid” side, Payoneer payment requests can be paid by credit/debit card, ACH debit (US only), direct bank transfer, local bank transfer, PayPal, or Payoneer balance (depending on availability). Payoneer notes the minimum payment request amount can vary between 20–50 USD/EUR/GBP.
Conclusion
Payoneer is a helpful tool for international income, but minimum withdrawal limits are personalized. Check the minimum shown on your withdrawal screen, withdraw in fewer (bigger) batches when possible, and review fees before you click “Withdraw.” You’ll avoid surprises and keep more of what you earned.
Straight by your customers
Send your customers payment demands which they can pay through charge card, ACH bank debit, and direct bank payments. They can likewise pay you by means of getting accounts, see listed below
Straight by markets and networks
Make money straight into your Payoneer account by Wish, Fiverr, Upwork, Airbnb, and more than 2,000 more of the world’s leading markets, platforms, and networks that have actually partnered with us. Treat yourself to a smooth payment experience.
Via your getting accounts
Required a regional checking account for a market or customer? Utilize your Payoneer getting accounts like a regional checking account in the nation and currency you earn money– USD, EUR, GBP, and more. We can likewise support SWIFT (wire) payments to keep things combined.