David Fourie
  • Services
    • Installation or Migration
    • Theme Development
    • Search Engine Optimization
    • Security
    • Speed Optimization
    • Google Search Console
    • Google Tag Manager
    • Google Analytics
    • Marketing Integrations
    • Something Else
  • Portfolio
    • WordPress Installation
    • WordPress Migration
    • Theme Customization
    • Search Engine Optimization
    • Security Optimization
    • Speed Optimization
    • Google Search Console
    • Google Tag Manager
    • Google Analytics
    • Marketing Integrations
  • Articles
    • WordPress
    • Plugin Reviews
    • Freelancing
  • About David
  • Search
  • Menu Menu
Freelancing, How-To

PayPal to Payoneer – Linking Accounts – Transfer Funds

Linking PayPal to Payoneer

Founded in 2005, Payoneer has become a payment alternative for global freelancers in countries where withdrawal of funds through PayPal is either expensive and/or cumbersome. Unfortunately, PayPal is still a preferred method of payment for many clients, and the process to transfer money from PayPal to Payoneer is still not as easy as it should be.

In my search for a solution to transfer money from PayPal to Payoneer, I came across many articles with elaborate processes, but none of them had all the information needed, often going into confirmation of the linked bank account, which is not necessary (or even possible, most of the time).

Linking PayPal to Payoneer

  1. Your PayPal account must be linked to a verified Debit/Credit card and be in the same name as your Payoneer account (this can be edited in PayPal settings). This becomes your confirmed funding source to fund any future purchases through PayPal.
  2. Your default Payoneer Global Payment Service account is with First Century Bank. PayPal will most likely not accept these account details. You need to request an account with Community Federal Savings Bank from Payoneer Support. You will need to confirm that you have already completed your Debit/Credit card verification with PayPal.
  3. Once you have an account with Community Federal Savings Bank (which will show up under your Global Payment Service section in Payoneer), enter the details on the PayPal “Link a new bank” section in the Payments tab.

Transferring Money from PayPal to Payoneer

  1. This process normally fails because the bank account from Payoneer cannot be confirmed (amounts are deposited to Payoneer, you confirm the amounts, then the amount is supposed to be returned to PayPal, but Payoneer accounts are deposit-only accounts, so this step fails). It is not necessary to confirm this bank account! Bank accounts are confirmed so that they can be used as a payment source. Since you will only use this bank account to withdraw money to (not fund PayPal purchases), there is no need to confirm it, and trying to confirm it will likely fail. You have already set up a payment source by confirming your Debit/Credit card.
  2. That’s it. Transfer your money from PayPal to Payoneer (yes, the unverified bank account). It will not be instant, since Payoneer does various checks on the source of the money, but it should reflect within a couple of days.

Sources

  • Payoneer Community Forums
  • PayPal Community Forums
  • PayPal Support e-Mail dated 12 December 2019 from Support Agent Yeohan

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • More
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to email this to a friend (Opens in new window)
  • Click to print (Opens in new window)
24 February 2020/0 Comments/by David Fourie
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Reddit
  • Share by Mail
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hire Me!

Upwork.com

Sparrows Children’s Home

Sparrows Children's Home

It costs R50 (~$3)
per day to provide a child with food.
Please consider a small donation.

A2 Hosting
LiteSpeed Web Server
Jetpack
© 2011 - 2021 FMC. All Rights Reserved.
  • Twitter
  • Facebook
  • LinkedIn
  • Privacy Policy
Reviewing the Exciting Rank Math® WordPress SEO Plugin RankMath SEO Page speed: what is it, what is measured and how can it be improved? WordPress Page Speed and Site Speed
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

Accept settingsHide notification onlySettings

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Privacy Policy Page.

Privacy Policy
Accept settingsHide notification only

Add David Fourie to your Homescreen!

Add
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.