Does Payoneer Work in Nigeria?

Payoneer is a US-based financial services company that renders online funds transfer and digital payment services. Founded in 2005, the company supports over 200 countries and over 150 local currencies. Using Payoneer’s platform, you can send and receive funds locally and internationally, and you can withdraw funds directly to your bank account or with a debit card.

Does Payoneer Work in Nigeria?

Yes, Payoneer works in Nigeria. A lot of Nigerians are using the service to send and receive funds domestically and internationally. However, not all Payoneer services are available for Nigerians. The feature you can utilize to the fullest is their payment service.

Their payment service is for sending and receiving money between you and a client. You can also use it to receive payment from top marketplaces like Upwork, Airbnb, Fiverr, 99Designs, iStock, and many more.

How to Register and Set Up a Payoneer Account

Follow the steps below to register your Payoneer account —

1. Click and follow this link HERE and register for the Payoneer which will enable you to get free $25 on registering and receiving money with your payoneer account.

when you click on it you will see register, Click on the register and chose freelancer or any other option according to what you want to use it for.

2. Fill the registration form

A new window will open with the registration form. Input all your details in the necessary places. These are the things you’ll need to provide —

  • Your reason for wanting to set up a Payoneer account
  • Your full name
  • Your residential address
  • Email address and other contact details
  • A Government Issued ID
  • Date of birth.
  • Bank details

All the info you input must be correct or else you won’t be able to use the platform, due to restrictions bound to happen sooner than later.

3. Confirm your email address

A mail will be sent to the email you provided. This is to verify you’re the owner. Log into your email and click on the link Payoneer sent you to activate your account.

Once everything is done correctly, and your account is register

Now your Payoneer has been registered and ready to send or receive money.

How to Send Money with Payoneer

Follow these steps to send money or make payment with Payoneer —

1. Log in to your account

On the Payoneer homepage, you’ll see “pay” at the top of your screen, tap on it. Two options will appear “make a payment” and “pay your VAT”. Only the first one “make a payment” is supported in Nigeria so tap on it.

2. Choose the payment method

You can choose to pay to the recipient’s bank account or the recipient’s Payoneer account.

3. Complete the payment

Follow the instructions on your screen until you successfully make your payment.

How to Receive Money with Payoneer

At the top of the Payoneer homepage, you’ll see “receive”. Tap on it. Three different ways to receive payment will appear —

1. Request Payment

This requires you to simply create a payment request. The client that wants to pay you will receive an email. In this email, there will be a link to make payment. You’ll receive the money in your Payoneer account once the client makes the payment.

2. Global Payment Service

This method allows you to operate bank accounts in many currencies. When you tap on this option, you can choose the currency your client wants to use in paying you. Tap on the currency, then send the bank account details to your client. The money will appear in your Payoneer account when the client pays.

3. Use mass payout

This option is for freelancers or employees working for a company or platform that use Payoneer as a payment option. Some of such platforms are Fiverr, Upwork, and so on. You’ll need to visit the platform then register your Payoneer account with them. So when it’s payday they will automatically send the money to your Payoneer account.

How to Withdraw Money from Your Payoneer Account

There are two withdrawal options you can use to withdraw money from your Payoneer account. The first one is to withdraw it to your Nigerian bank account. The second way is by using the Payoneer card to withdraw your money at ATMs.

Follow the steps below if you want to withdraw to your bank account —

1. Log in to your account

On the Payoneer homepage, you’ll see “withdraw” at the top. Click on it.

2. Choose the amount

The bank account you used to register with Payooner will appear. Then you’ll enter the amount you want to withdraw.

3. Complete the withdrawal

Follow the instructions that appear on your screen until you complete the withdrawal process. It’s an international bank transfer, so it might take between 1 to 5 working days. In my experience, I usually receive it within 2 working days.

How To Order a Payoneer Debit Mastercard

If you want your money to remain on your Payoneer account, then you can order the Payoneer card and use it to withdraw your money in ATMs within and outside Nigeria. You can also use it to shop online on e-stores that accept card payments.

Follow the steps below if you want to order a Payoneer card —

1. Log in to your account and click on the settings button

On your Payoneer homepage, you’ll see “settings” on the top menu. Tap on it.

2. Click on Payoneer cards

When the menu appears, click on Payoneer cards.

3. Click on order now

You’ll see the “order now” button. Click on it and follow the instructions until you complete your order request.


While you can’t make use of all the various services on Payoneer, you can use it to the fullest when sending or receiving money in Nigeria. We covered everything you need to consider when setting up your Payoneer account, and features that will make you enjoy your account to the fullest.

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