Payoneer is a US fintech company that offers virtual bank accounts. Is Payoneer available in Zambia? The answer is yes. Payoneer is a great option for any Zambian to receive, send money or pay for online services. It’s a perfect solution for online freelancers who are looking for payment platforms for online jobs in Africa.
PayPal Zambia: Many visitors to our site ask, “Does PayPal work in Zambia?” “Is PayPal available in Zambia?” You cannot withdraw money from PayPal in Zambia or from a Zambian registered account. You can only send money. With PayPal restrictions on account holders in Zambia to receive funds, Payoneer Zambia bank account is one of the best PayPal alternatives in Zambia in terms of cost and speed.
Many young people in Zambia and Africa in general tackle the rising unemployment by looking for online jobs that pay in Africa. One of the problems freelancers face in Zambia is how to receive payments. Fortunately, there are many jobs online that pay through Payoneer.
Contents
- 1 Payoneer Zambia: Benefits
- 2 Payoneer Services
- 3 Payoneer Sign Up Procedure
- 4 Payoneer: How to Make Payment
- 5 How to Transfer Funds From Payoneer to Your Zambian Bank
- 6 Payoneer MasterCard
- 7 How to Order a Payoneer MasterCard
- 8 Payoneer Fees
- 9 Final Thoughts on Payoneer in Zambia
- 10 Freelancing Companies Paying Through Payoneer
Payoneer Zambia: Benefits
- Service available to Zambian customers
- No monthly fees
- Access to Mastercard that you can use to withdraw your funds via ATMs in Zambia or abroad.
- Able to pay for goods or services online
- Able to receive funds for doing online freelancing jobs
Payoneer Services
Account holders can send and receive money into their bank account, Payoneer e-wallet, or prepaid MasterCard that can be used to buy products or pay for services online or offline. Companies such as Amazon, Google and freelancing sites such as Fiver and Upwork use Payoneer to send payments around the world.
Payoneer accounts can generally only be used to receive payments from businesses. This means that your payer must pay you from a business account and not from a personal account. Make sure that anyone who wants to pay you via Payoneer has a verified Payoneer business account. If your payer wants to send money from a local bank account, then they must use a business bank account. Receiving money from a Payoneer account holder is free.
Payoneer Sign Up Procedure
- Go here
- Sign up and wait for confirmation
How to Receive Money Through Payoneer
- Log into your Payoneer account
- Click on
Request a Paymentfound underReceivemenu - Fill in the form under
Payment Details - Click
Send
If the company/person you have requested payment from does not have a Payoneer account, they can still pay with credit/debit card or bank transfer.
Payoneer: How to Make Payment
- Log into Payoneer.com
- Click on
Make A Paymentunder thePaymenu - Enter the recipient email, amount click
Next
How to Transfer Funds From Payoneer to Your Zambian Bank
On your account page, navigate to {Withdraw} » {To Bank Account}. If you have not yet added a bank account to withdraw your funds to, you will see a page with guidelines on how to add a bank to your Payoneer account. Select the currency balance or card you want to withdraw funds from.
The minimum amount which you can withdraw from Payoneer to your bank account in Zambia is $200 and the maximum is $10,000.
Payoneer MasterCard
Eligibility is based on payments received to your Payoneer account.
After signing in, select {Settings} » {Card Management}, and if you see a message inviting you to {Order Now}, you are eligible. If you are not eligible, a message describing the eligibility requirement is displayed. If you are eligible, the Order Card option will also be displayed in your Payoneer account menu.
How to Order a Payoneer MasterCard
You will be able to order the card during the application process or from your online account once the application process is completed. To order a card from your online account, select {Settings} » {Card Management}, click {Order a card}, and follow the instructions. You can also click the {Order Card} menu item located at the top right of your screen, and follow the instructions.
How Long Does it Take to Receive MasterCard?
It may take around 2 to 3 weeks to receive your card.
Is Skrill available in Zambia? Skrill does not open accounts for people living in Zambia.
Payoneer Fees
| Fee type | Amount |
|---|---|
| Annual fee for the account | $0.00 (Free) |
| Annual fee for the Card | $29.95 |
| Card replacement | $12.95 |
| Online or in-stores purchases | $0.00 (Free) |
| ATM withdrawal | $3.15 (your bank will charge additional fees) |
| ATM decline | $1 |
| ATM balance inquiry | $1 |
| Direct payments from customers | Up to 3% |
| Make a payment | Free |
| Global payment service | 1% |
| Online or In Stores Purchases | $0.00 (Free) |
| Payments from affiliate networks, marketplaces, Ad networks | Fee is set by each company, Payoneer charges $2 |
| Immediate Transfer (2 hours) | $5 |
| Bank transfers | Between $5.95-$9.95 |
| Exchange fees (withdrawing from Payoneer account in Zambian Kwacha) | 2% conversion/exchange rate |
Final Thoughts on Payoneer in Zambia
Payoneer is an ideal bank for those looking for a US bank without monthly fees, access to Mastercard, and the ability to conveniently pay for goods and services online. Follow this guide to learn how to open a Payoneer account in Zambia.
Freelancing Companies Paying Through Payoneer
The following are freelancing platforms where you can find online jobs paying through Payoneer.
