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How to Withdraw Money from Payoneer to Your Local Currency

Santiago Coates

July, 05, 2024

4 min.

In today’s digital and globalized economy, payments for entrepreneurs, digital nomads, and remote workers have always been a challenge. In recent years, Payoneer has become one of the most popular platforms for receiving international payments.

However, converting these funds into local currency for everyday use can be a major challenge for many.

High fees and a lack of withdrawal options are among the main reasons why Airtm stands out as an efficient and accessible solution, enabling users to move their money whenever they need it, no matter where they are.

What is Payoneer?

Payoneer is an international payment platform that allows users to receive funds from companies and platforms worldwide. It has grown significantly in recent years and is especially popular among freelancers, remote workers, and digital entrepreneurs. While Payoneer offers a quick and secure way to receive payments, the downside lies in the cost and complexity of converting these funds into local currency.

How Airtm Supports Payoneer Users

Airtm provides an innovative platform that enables users to convert and withdraw their Payoneer funds into their local currency quickly and with the lowest fees. This ensures that anyone can access their funds anytime and from anywhere.

Additionally, the integration between Payoneer and Airtm makes accessing funds seamless and offers multiple withdrawal methods, providing a comprehensive financial solution for digital workers in Latin America.

Steps to Withdraw Funds from Payoneer to Your Local Currency

1. Link Your Payoneer Account to Airtm

  • Log in to Airtm.
  • Go to the “Add” tab and select “Payoneer USD.”
  • Connect your Payoneer account by entering your credentials.

2. Add Funds from Payoneer to Airtm

  • Select “Add funds” and choose “Payoneer USD.”
  • Enter the amount you wish to transfer and confirm the transaction.

3. Withdraw Funds to Your Local Currency

  • Select the “Withdraw” option in Airtm.
  • Choose your preferred withdrawal method (bank transfer, mobile wallet, etc.).
  • Enter the amount you wish to withdraw and confirm the operation.

You can also follow the instructions in this video 👇🏼:

Fees and Limits

  • Fee: Airtm charges a 4% fee per transaction.
  • Limits: The minimum withdrawal is $1 USD, and the maximum is $5,000 USD per transaction, with a monthly limit of $10,000 USD.
  • Availability: The service is available 24/7, allowing you to transfer and withdraw funds anytime.

Benefits of Using Airtm

  • Better Exchange Rates: Convert your money at the most favorable exchange rates without the high costs of traditional banks.
  • Security and Reliability: Airtm provides a secure and trustworthy platform for all your transactions.
  • Convenience: The entire process is fully online, eliminating the need to visit a bank or wait in long lines.

 

Making Life Easier for Remote Workers

Faced with the challenges of globalization, Airtm’s integration with Payoneer aims to make life easier for remote workers in Latin America, allowing them to focus on their tasks and forget about the headaches of withdrawing their Payoneer balance. Airtm is the most efficient, secure, and low-cost way to manage your money.

If you don’t have an account yet, don’t hesitate to create one now and enjoy a USDC bonus for your first transactions on the platform.

Sign up for Airtm and start enjoying its benefits today.

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