How To Link Payoneer Bank Account To Paypal And Withdraw Paypal Money To Payoneer

PayPal and Payoneer are both online payment platforms that allow users to send and receive money online. However, they differ in their target audiences and specific features.

PayPal is one of the most popular and widely used online payment platforms. It is primarily designed for individuals and businesses to make and receive payments online. PayPal offers a variety of services such as online shopping, money transfers, and payment processing for businesses. PayPal is accepted by many online retailers and is a popular choice for online transactions.

Payoneer, on the other hand, is geared towards businesses and freelancers who operate globally. It allows businesses to pay their employees or freelancers in different countries in their local currency. Payoneer also offers services such as invoicing, payments processing, and currency conversion.

Overall, while both PayPal and Payoneer offer similar services, they have different target audiences and specific features that cater to their respective users.

To link your Payoneer bank account to PayPal and withdraw funds from your PayPal account to your Payoneer account, follow these steps:

• Log in to your PayPal account and click on "Wallet" in the top menu.

• Click on "Link a bank account" and enter your Payoneer bank account details, including the account number and routing number.

• PayPal will send two small deposits to your Payoneer account to confirm the account. Check your Payoneer account in a few days and note the exact amounts of the two deposits.

• Return to your PayPal account and click on "Wallet" again. Click on "Link a bank account" and enter the two deposit amounts to confirm the account.

• Once your Payoneer account is linked to your PayPal account, you can transfer funds from PayPal to Payoneer. To do this, click on "Transfer to your bank" in the "Withdraw funds" section of your PayPal account.

• Enter the amount you wish to withdraw and select your Payoneer bank account as the destination account.

• The transfer may take a few days to complete, depending on the processing times of both PayPal and Payoneer.

Keep in mind that there may be fees associated with transferring funds between PayPal and Payoneer, so it's important to review the terms and conditions of each service before making any transfers.