If you don’t know how to add Payoneer to Amazon, here is a simple solution to easily add a Payoneer account to Amazon.
If you are an Amazon seller or are planning to be one, you may have heard of Payoneer as a popular payment solution for international transactions. With Payoneer, you can easily streamline your payments and manage your finances across multiple global marketplaces. In this blog post, we will guide you step-by-step on how to add Payoneer as your payment method on Amazon.
Contents
Step 1: Sign up for a Payoneer Account
Before you can link Payoneer to Amazon, you need to create a Payoneer account. Visit the Payoneer website and click on the “Sign Up” button. Fill in the necessary information, such as your name, email address, and password. Once your account has been successfully created, you will receive a confirmation email.
Step 2: Complete the Payoneer Verification Process
After creating your Payoneer account, you will need to complete the verification process. This usually involves providing some additional information, such as your address, date of birth, and bank account details. Payoneer may also require you to submit some identity verification documents, like a government-issued ID or a passport scan.
Step 3: Apply for Payoneer’s Global Payment Service
To receive payments from Amazon, you will need to apply for Payoneer’s Global Payment Service (GPS). The GPS feature provides you with a virtual bank account that can receive funds from Amazon in various currencies. Log in to your Payoneer account, navigate to the “Receive” tab, and select “Global Payment Service.” Follow the instructions to apply for the service and wait for it to be approved.
Step 4: Generate Your Payoneer Bank Details
Once your Global Payment Service is approved, you can generate your Payoneer bank details. These details include a bank account number and routing information specific to your Payoneer account. Log in to your Payoneer account, navigate to the “Receive” tab, and click on “Global Payment Service.” Select the currency you want to receive payments in and generate your unique bank details.
Step 5: Add Payoneer as a Bank Account on Amazon
Now that you have your Payoneer bank details, you can add it as a payment method on Amazon. Log in to your Amazon Seller Central account and go to the “Settings” tab. Under “Account Info,” click on “Deposit Methods” and select “Add New Deposit Method.” Choose “Bank Account” as the deposit method and enter your Payoneer bank account details, including the account number and routing information. Save the changes.
Step 6: Verify and Complete the Setup
After adding Payoneer as a bank account, Amazon will send two small deposits to your Payoneer account for verification purposes. It usually takes a couple of business days for the deposits to appear. Once you see the deposits, log in to your Amazon Seller Central account, go to the “Settings” tab, and click on “Deposit Methods.” Find the Payoneer bank account you added and click on “Verify Now.” Enter the exact amounts of the two deposits to complete the verification process.
Conclusion
Congratulations! You have successfully added Payoneer as a payment method to your Amazon account. Going forward, you can receive your Amazon payouts directly to your Payoneer account, making it easier to manage your international transactions and access your funds.
Remember to regularly check your Payoneer account and make sure it is properly linked to Amazon. If you encounter any difficulties or have questions, don't hesitate to reach out to the Payoneer customer support team for assistance.
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