How To Create Payoneer Account In Nepal and Get Mastercard?

Are you a freelancer, online seller, or business owner in Nepal looking for a seamless way to receive international payments and access your funds? If yes, then look no further as we have a solution for you. The solution is to create Payoneer account in Nepal and get a Mastercard.

It has never been easier to create a Payoneer account and obtain a Mastercard. In this guide, we’ll walk you through the simple steps to set up your Payoneer account and get your hands on a Mastercard that empowers you to manage your finances globally.

Why Create a Payoneer Account in Nepal?

Payoneer is one of the companies that lets you receive money from other countries easily. Since PayPal is not available in Nepal, Payoneer is the best company to provide digital payment services in Nepal. Some of the reasons why you should create Payoneer account are:

1. You will receive a US-based bank account which allows you to perform international transactions easily.
2. You will receive a free Payoneer MasterCard at your home.
3. You can receive the money in your Payoneer account and withdraw from local ATMs.
4. Many companies such as Upwork, Rakuten, Wish, and others accept Payoneer support payment through Payoneer.
5. Any transaction you perform from one Payoneer account to another is free of charge.

Fees Rate of Payoneer

Before you create a Payoneer account in Nepal, let us look at the total fee rate that you need to pay:

1. The annual charge for maintaining the account and card activation is $29.95 per year.
2. You need to pay $12.95 for a new Mastercard if your old one is lost, stolen, or expired.
3. You will be charged $3.15 for every transaction you perform at your local ATMs.
4. For every inquiry charge at your local ATM, you will be charged $1.00 per inquiry.
5. Online or in-store shopping using the Payoneer Mastercard is free of charge.

How to Create Payoneer Account in Nepal and Get Mastercard?

There is a very easy and simple way to create Payoneer account in Nepal and get Mastercard. You need to create a Payoneer account before you can get Payoneer MasterCard in Nepal. It is a very simple task as you can create Payoneer account from their website. To do so, follow the steps given below:

1. Open the Payoneer website and tap on ‘Register’.
2. Choose the option that suits you the best.
3. Select the most suitable option for you.
4. Click on ‘Register’ to continue.
5. Select the business type, enter the required information, and click on ‘Next’.
6. Enter all the information and click on ‘Send Code’ to receive the verification code on your phone.
7. Type the OTP code and tap on ‘Next’.
8. Enter all the required information and click on ‘Next’.
9. Type your bank details, agree to terms and conditions, pricing, and fees, and tap on ‘SUBMIT’.

After you click on Submit, the verification process will take place. Then to get Payoneer Mastercard in Nepal, log into your account and go to the ‘Payoneer Cards’ section. To order a new card, just click on the ‘Order a new card’ button and fill in your shipping address. Once you’ve submitted the form, your card will be on its way.

Once you receive your Payoneer Mastercard, you’ll need to activate it before using it. To do this, log in to your Payoneer account and go to the ‘Cards’ section. There, you’ll see the option to activate your card. Just click on that button and follow the instructions. Once your card is activated, you can start using it right away.

Things to Remember While Creating Payoneer Account

1. When you are receiving money from abroad, Payoneer will convert that money into your home currency.
2. You can transfer up to $1000 from one Payoneer account to another free of charge. The minimum amount of transaction is $20.
3. There is no limitation to receiving money from US payment service providers.
4. You can perform a maximum of 10 transactions while you will be able to withdraw $5000 per day.
5. You will be able to withdraw the money from your Payoneer account after you have at least $1000 in the account.

Conclusion

Creating a Payoneer account in Nepal and getting a Mastercard is a game-changer for anyone engaged in international transactions. Setting up your Payoneer account and getting your Mastercard is a straightforward process that opens doors to global financial opportunities. Do comment down below if you have any queries or confusion regarding the topic.

Recommended Article: How to Activate Debit or Credit Cards for Online Shopping in Nepal? – Amazon, Alibaba, Netflix & others

Frequently Asked Questions (FAQs)

Watch the Video Tutorial Here