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PAYONEER; How to withdraw monies made online in Nigeria

September 5th, 2016 | by Gerald Umeh
PAYONEER; How to withdraw monies made online in Nigeria
Technology
10

SIGN UP FOR A PAYONEER ACCOUNT BY CLICKING HERE

payoneerAs a young man , zealous about making money on the internet, one of the greatest challenges I had was converting the money that is earned online to Raw cash hence it is not surprising that I get that question a lot.
Working online can be very frustrating when you have made all the money online, you see your credit balance but somehow you cannot convert the money to raw cash in your hand. It is tantamount to wasting your time and believe me, nobody wastes their time if the money can’t get to them and that is why a lot of persons keep giving up on this online money making stunt, but I got good news for you, there is a number of systems that you can use to get your money like Moneybookers, Paypal, Direct Deposit, Wire Transfer and so on but in a country like our beloved country Nigeria, all these systems can be very frustrating which is why I will be introducing you to the best option PAYONEER.

The Payment industry has clearly been technologically driven – from within and without and we all agree that these feat would certainly not be a possibility without the formidable computing and networking achievements in the past 30 years. This reminds me of the story of the Chicken and the egg, and one can reasonably argue that they both came at the same time, or at least they travelled together. We are witnessing an inevitable transition from a paper-based economy to a global electronic payments economy. These revolution comes with is great and major credit card brands, and a host of alternative payments providers are taking advantage of this and payoneer is in the league of these extraordinary gentlemen.

SIGN UP FOR A PAYONEER ACCOUNT BY CLICKING HERE
Payoneer was founded by Yuval Tal after he saw an increasing trend towards globalized outsourcing in the Information Technology industry. In particular, he saw that many companies were outsourcing small jobs to freelancers and Online Hustlers like me and you. Basically, Payoneer was created to solve the question of the difficulty we face in cashing out our earnings on the internet. Sending checks, for instance, took a long time — and an even a lot longer time to clear. Cash was definitely out of the question, and wire transfers were very expensive and then comes the question of trust. Payoneer is a system that caters to this marketplace and “payout processing” was born. Online Huslers could now be get their monies quickly in their local currency through local ATMs. Freelance staffing companies like Fiverr, Elance, oDesk and others now use Payoneer cards to make payments to workers worldwide.

Basically, you sign up on payoneer and they send you an ATM Master card in Nigeria plus a virtual United States of America virtual bank account and yes, it is completely free. Move your earnings on fiverr to this bank account and you can withdraw your money from any ATM that has the Master card logo anywhere in the world and this includes Nigeria.

SIGN UP FOR A PAYONEER ACCOUNT BY CLICKING HERE

10 Comments

  1. Nice one brother making more sense.

  2. Ukeme Etim says:

    Here comes the relief. Nice one

  3. Elvis says:

    This is very informative.
    Thanks man.
    I had just tried signing up with PAYONEER minutes ago, but couldn’t find Nigeria as an option in the list that I was asked to select my country from.

  4. Adaeze R Nwosu says:

    Can’t wait to get started.

  5. Unegbu Nzube says:

    Thanks a lot Gerald for making this known to me…..I’m grateful…I’m signing up immediately.

  6. fredo says:

    thanks bro more grease to ur elbow. Unselfish effort thumbsup

  7. isaac says:

    Yea that is what we have been waiting for thanks Bro I have sign up already

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