3 simple ways of funding your Payoneer MasterCard in Nigeria

If you have a Payoneer card but do not know how to fund it, let us help you with that. In this article, you will find out how to fund Payoneer MasterCard in Nigeria without even getting off your couch. We will tell you about three simple ways of funding your card that will allow you to earn money from the comfort of your own home. Check it out!

How to fund Payoneer MasterCard in Nigeria

What is Payoneer?

In case you do not know, Payoneer is a company that provides financial services, such as digital payment and online money transfers. It was established in 2005 by Yuval Tal and it is currently based in New York, United States. Payoneer has over 4 million users from all over the world.

Payoneer is mostly used by freelancers and online sellers, as well as by people who pay them. Many companies use Payoneer, as it is easy, practical and fast. Payoneer Nigeria has become a very convenient way for Nigerian freelancers and independent online marketers to receive payments from all over the world.

If you have been searching for this article, then you probably already have a Payoneer MasterCard. Therefore, we will not tell you how to sign up for it. Instead, let’s talk about the ways Payoneer users in Nigeria can fund their cards.

How to fund Payoneer MasterCard in Nigeria?

Payoneer MasterCard is a physical manifestation of your Payoneer account. You can use it to pay for things or to withdraw money from it. However, it is not quite as simple as any bank-issued card. Unlike with regular credit or debit cards, you CANNOT load funds on Payoneer MasterCard yourself or receive gifts and donations from other people. It is meant only for business transactions.

For this reason, you should know about the other ways you can fund your card. You have three options available to you, and we will tell you about each of them in detail.

Method №1. Receive payments from your employers or buyers

If you work in freelance or sell things online, you can use Payoneer to receive payments for your work or product. You can receive payments from other Payoneer users, from companies via Global Payment Service or from Mass Payout Companies. Let’s consider each option more closely.

If you want to receive a payment from other Payoneer users, it is very simple. You just have to provide them with your e-mail address that you use for your Payoneer and the amount of money they need to pay you. The rest is up to them.

If you want to receive payments through the Global Payment Service from companies in the EU, US, UK and Japan, provide them with your payment details of your account and receive your payments. To find your payment details, go to your account and choose Global Payment Service in the Receive section.

If you want to connect your workplace/marketplace to Payoneer, perform the following steps:

Go to the website where you earn your living (for example, Fiverr, Upwork, Lazada, etc.).
Among other payment options, choose Payoneer and start the registration.
Select the option that says ‘Already have a Payoneer account?’.
Enter your login details and follow the instructions that appear on the screen.
Do the same for any other website you might be involved with. Now you can receive payments to your Payoneer account.

Method №2. Request payments from your clients

If you want, you can also request payments from companies and individuals via the Request a Payment function.

Here is what you need to do:

Log into your Payoneer account by going to login.payoneer.com, fill in your login details and Sign in.
In the Receive section, select Request a Payment.
In the Payment Details section, fill in the required information about the amount, its description and due date. You can also attach any necessary files to your request.
In the Payer Details section, choose who you want to request a payment from.

If it is an individual, provide their first and last names, e-mail address and country of residence.
If it is a company, provide the company’s name, website and country, as well as the contact information of the company’s contact (first and last names, e-mail address).

After you have checked the information that you have provided, press Send and wait for your payment to arrive on the due date or earlier.

You can also fill in Payoneer’s application form so that your payments arrive on time and without issues. You will have to state your merchant trading name, line of business and select whether you are an individual or a company.

Method №3. Receive bonuses from referring your friends to Payoneer

In addition to earning money by working, you can also earn some cash from inviting your friends to join Payoneer.

This is how it works:

Log into your Payoneer account by going to login.payoneer.com, filling in your login details and pressing Sign in.
In the Activity section, select the option Refer a Friend.
On the page that appears, you will see a link that you can copy and share with your friends via Twitter, Facebook, LinkedIn or e-mail.
When your friend follows the link, signs up for Payoneer and receives at least $1000 in total, you both will receive $25 to your accounts in the next three months.

If you want to see your stats, you can find them on the Refer a Friend page. Just click on the See Your Share Stats button, and you will be able to see how many times you have shared your link, how many people have used your referral link to sign up and how many of them have reached the $1000 goal.

This option is beneficial for both you and your friends, so encourage them to sign up for Payoneer in order to get that sweet $25 reward.

Now you know all about the ways you can fund your Payoneer MasterCard in Nigeria. If you still have any questions, we recommend you visit Payoneer’s customer support service, where you can find useful information or ask a consultant via their 24-hour live chat. We hope that this has been helpful to you. Have a nice day!