Instructions to make MAKE A PAYMENT payment by Payoneer

Hello guys, today I would like to share with you how to use # MAKE A PAYMENT SERVICE,   hope this article will help MMOs know how to make operations easier.

Payoneer off-net payment service via bank transfer for suppliers/partners who do not use Payoneer

– In addition to the intra-network transfer service between PO - PO accounts, the out-of-network payment service allows you to pay partners to their bank accounts (you can pay sup, employee salary, pay money). invoice payment for Facebook, Google, Twitter, Pinterest...). PON transfer limit, fee and time will be same as withdrawal to local bank (W2B). Save much more than using local bank with cost 4-5%

To start paying your vendors,  you must first add your bank account details using the Bank Account Feature . Once you've added your account, you can start paying.

1. How to make payment 
Steps to make payment

1. Select Make a Payment < payment >

2. Select To a recipient's bank account  (send to 1 account)  or Batch payment to multiple recipient bank accounts  (send to multiple accounts at the same time)

3. Select partner's bank account

4. Enter the amount and follow the instructions on the screen

2. Frequently asked questions when making payments with Payoneer
1️⃣. How many accounts can be added?

With Batch payment to multiple bank accounts, you can pay 200 different partners in 24 hours.
2️⃣ Limit per transfer, fee, how long will the provider receive payment?

PON transfer limit, fee and time will be same as withdrawal to local bank (W2B)
3️⃣ Who will pay the fee?

You will be the one paying the fee.
Can multiple PO accounts pay the same supplier? (for example: customer 1 and customer 2 both want to pay supplier ABC)

All right.
After successfully filling in the supplier's account information, will the information be saved or do I have to re-enter it each time?

Information will be saved
Is information required for approval?
Approval department will ask for your line of business only once
So ACE can pay service providers who don't use Payoneer 😉

When you want to withdraw money to your local bank under a different beneficiary name than the one on your PO account, please use an off-line payment service.