Exciting news for all the freelancers residing in countries where PayPal doesn’t work as the payment system is going to be accessible soon in those countries (such as Bangladesh, Ghana, Iraq and Pakistan). Many people worry when a company or any other business residing in the USA asks them to provide their PayPal account or invoice so they can send them the payment. But in many countries, PayPal is not available. Many freelancers use Payoneer instead of PayPal, as PayPal account has more benefits as you can easily receive payments from US businesses.
When you open the Payoneer product update page, and under the heading "Feature Spotlight: Paypal for Payoneer — Up Your Payment Power with Paypal for Payoneer", there is a news floating around that soon PayPal will work through Payoneer in the countries where PayPal isn’t available. This means that users will send the payment request to their client residing in the USA through Payoneer and the client will be able to send the payment through his PayPal account. Plus, PayPal rates are going to be more reasonable than Payoneer. The receiver will receive the payment in his Payoneer account.
In Payoneer words: "You’ll soon be able to delight your US clients with even more flexibility with an upcoming PayPal payment method. All you need to do is send them the bill, and they can choose PayPal from their payment options."
If you have a Payoneer account, check your email as you might have also received this exciting news about PayPal payments in your inbox.
There are also some important updates to the Payoneer account. Payoneer has announced that it is going to upgrade their services and introduce new features. Payoneer has also improved its mobile card transactions and soon they can also be done through biometric verification. This will provide security to your payments and you will experience less safety issues. Users of Payoneer will also be able to pay up to 500 Payoneer accounts in one click. You can also allow the contributor role to a person and he will be able to perform transaction payments on your behalf (may someone who is good at accounts). Users will also be able to schedule their payments for the future. In addition to Payoneer supporting the PayPal payment method, all these updates will bring a nice touch to Payoneer, allowing freelancers to reach wider business globally.
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by Arooj Ahmed via Digital Information World
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