It is no longer a question. It’s a reality. It is very possible to receive your eBay payments as a seller directly to your Payoneer account. Still, wondering how possible this is? My friend, this post has all the details you are looking for. My advice to you is simple, continue reading and find out. It’s time to say bye-bye to those payment processors who don’t pay attention to sellers than exploiting them through huge transaction fees.
With the new Partnership between Payoneer and eBay, selling online is gonna be something different. Since Payoneer is well known for offering the best experience when it comes to payment handling, this is enough to explain what you should expect with the new Payoneer eBay partnership to streamline their payout experience for sellers all over the world.
What is Payoneer?
Payoneer is the leading eCommerce payments platform which allows online workers like freelancers and sellers recieve their payments timely. Payoneer offers sellers worldwide a host of tools that are specifically designed to help facilitate their business growth and access payouts.
What is eBay?
eBay is an online shopping site that’s best known for its auctions and consumer-to-consumer sales. eBay is very popular for online merchants to use as a sales channel, while consumers take it to be a one-stop for all kinds of products sold at the best prices. eBay additionally is available in different countries worldwide.
How do you receive eBay Payments to Payoneer account?
The Payoneer eBay partnership is currently invite-only. This means that qualifying sellers are automatically identified by eBay and sent an invitation to add Payoneer under eBay payment options. After receiving an invitation from eBay introducing you to their new way of managing payments and requesting that you register to Payoneer, you’ll need to open a Payoneer account or link your existing account to onboard and start receiving funds
To ensure the smoothest onboarding experience while avoiding any friction during the document verification process, it is recommended that if you do not have an existing Payoneer account, please wait to register for a Payoneer account until you receive the eBay invitation. Doing so will allow you to proceed well at the right time without any hassles.
Payoneer account registration requirements
- Legal name of applicant
- Company address verification
- Authorized representative information
- Bank account information
Benefits of a Payoneer account
- Withdraw your payments to your local bank account
- Make business payments and transactions
- Easily manage business purchases
- Make free VAT payments
Payoneer eBay partnership
Now that your long-awaited dream has turned into reality, if you are an eBay seller, you should wait for your invitation. The invitation will be introducing eBay’s new way of managing payments. And once you are connected, you will be ready to make use of this new payoneer ebay partnership.