How to Open & Use Payoneer Account in Nigeria in 2023

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If you’re looking to receive payments from international clients, Payoneer is a great option.

With a Payoneer account, you can easily receive payments in dollars, euros, or other currencies from clients all over the world.

In this article, we’ll go over how to open and use a Payoneer account in Nigeria.

Step 1: Sign up for Payoneer

The first step to opening a Payoneer account is to sign up on their website. To do this, follow these steps:

  1. Go to the Payoneer website at www.payoneer.com
  2. Click on “Sign Up” in the top right corner of the page.
  3. Fill out the registration form with your personal information, including your full name, email address, date of birth, and phone number.
  4. Choose a password for your account and select a security question.
  5. Click on “Next” to proceed.

Step 2: Verify Your Identity

After filling out the registration form, you’ll need to verify your identity. This is a requirement for opening a Payoneer account. Follow the steps below to verify your identity:

  1. Provide a copy of your government-issued ID (e.g., driver’s license, national ID card, or international passport).
  2. Provide proof of your address. This could be a utility bill, bank statement, or any other document that shows your name and address.
  3. Wait for Payoneer to review your documents.

Step 3: Link Your Bank Account

Once your account has been approved, the next step is to link your bank account to your Payoneer account. Follow these steps to link your bank account:

  1. Log in to your Payoneer account.
  2. Click on the “Settings” tab.
  3. Select “Bank Accounts” and click on “Add New”.
  4. Enter your bank account details, including your bank name, account number, and account type (savings or current).
  5. Click on “Next” to proceed.

Step 4: Receive Payments

Once your bank account has been linked to your Payoneer account, you can start receiving payments. Here’s how:

  1. Share your Payoneer account details (including your account number and routing number) with your clients.
  2. When your client sends you payment, the funds will be deposited into your Payoneer account.
  3. You can then withdraw the funds to your bank account or use your Payoneer card to withdraw cash at an ATM.

Tips for Using Payoneer in Nigeria

  • Keep your account secure by using a strong password and never sharing it with anyone.
  • Make sure your bank account details are accurate to avoid any delays in receiving payments.
  • If you have any issues with your account, contact Payoneer customer support for assistance.

With these steps, you should be able to open and use a Payoneer account in Nigeria. Happy receiving payments from international clients.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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