Global Payments Made Easy

Online businesses working with affiliates, vendors and freelancers or requiring payment for clinical trial and travelers' expenses have a need for global payout processing. Companies commonly use direct deposit payout, send checks or international wire transfers. For these types of payments, the recipient must have a bank account, wait several hours to several days for transfer completion, or several weeks for an international check to clear. There are fees for each transfer and the payee must maintain bank accounts with US affiliated banks, usually with regular and substantial fees. As online businesses are increasing relationships with contractors, affiliates and freelancers in countries such as Brazil, Russia, India and China, payment processing is even more complicated as locals may not readily have bank accounts with US affiliated banks, and the international wire transfers and check processing fees can reach $20-$40 per instance.

Payoneer addresses mass payment processing through a global prepaid MasterCard^® card. Businesses pay international wages and commissions through a simple online process. The funds will be available on the prepaid card immediately with a minimal load fee. The recipient may use the prepaid MasterCard card everywhere Debit MasterCard is accepted at Point-of-Sale or online, free of charge, and may withdraw funds in local currency at an ATM for a nominal charge.

Prepaid card as alternative payment

Prepaid cards are an alternative payment method to cash and are accepted all over the world at Point-of-Sale, for online purchases and at ATMs. The international prepaid card functions like an electronic check, as the funds can easily be transferred to the prepaid card electronically, instantly. Prepaid MasterCard cards are used universally, and in some places are more commonplace than the check, exceeding cash transactions by volume.

International Prepaid Debit Card

Payoneer’s international prepaid MasterCard^® card leverages this technology to provide a fast, less expensive and convenient alternative for transferring distributors’ payouts globally. Acting like a payout card, the prepaid card is convenient for payees in developing countries like Brazil, Russia, India and China, where international wire transfers and bank checks are time consuming, complicated and costly. As online businesses build more relationships with vendors, affiliates and freelancers from these countries, the prepaid card is not only a less expensive alternative but easily understood and utilized.

The turn-key, safe, efficient and cost-savings international prepaid payout card solution is a great alternative for any web-based business requiring distributor’s payout worldwide

Get paid faster - your way Sign up now and earn $25*