How To Open A Payoneer Account In Nigeria (2021) Method

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Learn How To Open A Payoneer Account In Nigeria in 2021, the most advanced working method today in Nigeria. Payoneer is an online banking platform that enables people to send and receive money online. With Payoneer, users can open a virtual bank account in different currencies such as US Dollars, British Pounds, and Euros. Cards such as MasterCard and Visa are also available to users. Are you looking for a full breakdown tutorial on how to open a Payoneer account in Nigeria? Then, don’t worry as this piece of the tutorial will guide you to learn how you can Open A Payoneer Account In Nigeria In 2021!

Due to the limitations, PayPal has placed on Nigerians for all online transactions. Payoneer, which a similar payment system in the world, haS decided not to place restrictions on some countries in Africa especially here (NIGERIA). Payoneer is the leading alternative for Nigerians who wants to send and receive money worldwide. In this article, you will learn how to create a Payoneer account, in Nigeria that can send and receive money worldwide. And if you the type that wants to be making use of Payoneer to receive payment around the world, then this tutorial is for you.

How To Open A Payoneer Account In Nigeria

Firstly, you have to visit the Payoneer website homepage and click on the register button to start your application.

If you are an online entrepreneur or a startup business owner from Nigeria, Ghana, or any other country that is limited by PayPal, you can use Payoneer to send and receive payment online. You also get a virtual bank account to use for a business transaction with your international customers, so this post will help you to open a Payoneer account in Nigeria or any other country in Africa

how to open a payoneer account in Nigeria

And please take note of this things:

You will be required to submit your ID in other for your Payoneer account to be activated and make sure you submit accurate detailed information as it appears on your ID and bank name, as this will enable Payoneer to send you your money when you request a withdrawal.

Getting Started With Payoneer

Payoneer Global Payment Service allows you to open and operate a bank account in many currencies. Just send your bank account details to the company or individual that is paying you. That is all you need to do. Once they pay into the bank account, the money will reflect in your Payoneer account. With Payoneer, you can have access to your own debit card, Payoneer MasterCard, accounts to receive payments, swift bic etc

You can view your account number by logging into your account. Click on Receive on the top menu. Then click on Global Payment Service. There you can view your bank account details

How To Open A Payoneer Account In Nigeria ( Step One )

This first screen is where choose if your business is registered or just an individual account. Only use a registered business if your business is registered and you have all the necessary information as time progresses to submit to the Payoneer team for your account to be fully activated.

Note that having a business (registered) is another great opportunity to scale up your chances of having all the features provided by Payoneer.

In my case, I choose Individual Account and select the second option at the drop-down menu item because I don’t want to stress myself for the business verifications process.

how to create a payoneer account in nigeria

After the first step is done, click on the next button to Now your details; your full name, date of birth, and an email address you want to use to create a Payoneer account.

how to create a Payonner account in Nigeria

After you have click on the Next button, Payoneer will send you an email to confirm your email address and come back to the second screen to start to create your Payoneer account.

verify your email address on payonner

After you are through with first step, click next and fill your contact details.

fill your address

Add your number, Payoneer will be sending you a verification code, just copy the code that was sent to your phone and paste it and make sure your phone is available and make sure you can still reactivate the number if you lost it in the future. And click the next button to add security to your account.

Don’t forget your security question and answer, the one you can remember any time is the best, in my case I choose “What was the last name of your first-grade teacher?” I choose this because I can remember her name anytime any day.

how to open a payoneer account in Nigeria 2021

On the part of Issuing country of ID;

Click on ID TYPE; and select the ID you have and you want to use for verification and in my case I use my Nigerian National ID, using the same option I choose, you can safely recover your account if anything happens to your Payoneer account or it gets locked.

How To Open A Payoneer Account In Nigeria Last Step

The last step before you can be able to use your new Payoneer account to accept payment online from different international organizations or company you have to add your local receiving account details (your Nigeria local bank account), the one you have here in Nigeria. Since I have been making use of my local First Bank Details for all my international transactions.

So I added the account details and accept the Payoneer terms and click on submit.

fill your account details

After successfully completing your application, your new Payoneer account will be placed and added to the Payoneer review system.

submit your application for review

Sometimes your account will be approved within 30 minutes after creation but sometimes it may take like 1 to 3 working days depending and if you are lucky enough, you will receive an email notification, containing a confirmation email, then you will have to log in to your dashboard and start using your new Payoneer account to receive and send payment anywhere you are in Nigeria.

If your account is rejected after creation, just know that, your information is not correct and you have to try again.

Just clear your browser cache, use a new email address and apply again in two days time it will be activated for you.

And check this out, below is my own US Bank Account, that i use to send to all my affiliate network partners to receive payment online.

your account details

Once I received the payment through my Payoneer USA account, Payoneer will notify me through my email, and normally, for the money to be made available to use and withdraw to your local account, it takes up to 5 working days to reflect and you can place withdrawal at any time.

CONCLUSION: Having a Payoneer account, will help receive money from clients around the world, and am happy this tutorial was helpful. As the above method will guide you through How To Open A Payoneer Account In Nigeria In 2021

My next post will be on How To Create And Open PayPal Account That Can Send And Receive Money Here In Nigeria.

5 thoughts on “How To Open A Payoneer Account In Nigeria (2021) Method”

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