US Payment Service: Everything You Need to Know

How to use the Payoneer US Payment Service.

What is the US Payment Service?

According to Payoneer:

"This US Payment Service is a solution for Payoneer account holders worldwide to receive commercial payments from US companies for work done online, such as freelancing, affiliate networks, Amazon/eBay sellers, app development, stock photography, and more." 
Watch this video to get a better idea about this service:

As you have seen, using the US Payment Service, you can get a virtual US bank account which basically allows you to accept payment from any US company.

Any Payoneer account holder is eligible for the US Payment Service.

Please note that you can only use this service to accept money, not send it. And personal transfer of funds are not currently supported by the USPS.

Payoneer has also brought a new service called the US Payment Request where you can easily send a request for payment to a US company, providing them with your US Payment Service details and instructions on how to send you funds via US Direct Deposit.

If you have more questions about the US Payment Service, you can check out the FAQ.

How to apply for the USPS

As I already said above, application to this service is open to all Payoneer account holders.

What is the cost of the service?

The cost of the service is 1% of each payment received.

Disclaimer: The article above is a review based on my personal experience with Payoneer thus reflecting my own opinions only and the information used here is accurate and up-to-date to the best of my knowledge. However, it may not be the case for all time to come, so please make sure to check with the official sources before you make any financial decisions.