Does Payoneer require bank account

No, Payoneer does not strictly require you to link a traditional bank account to receive payments. You can use your Payoneer account to collect funds from clients and marketplaces, then withdraw to a local bank account when needed, or spend directly using the Payoneer card. However, to withdraw funds to Indian Rupees, you will eventually need to connect an Indian bank account for compliance and settlement purposes.

If you want a simpler, more transparent way to receive international payments as an Indian freelancer or exporter, Skydo offers a streamlined alternative. As an RBI-authorised platform, Skydo lets you collect payments directly into your Indian bank account with competitive forex rates and lower fees. You can compare Payoneer pricing and other options to see which solution works best for your cross-border transactions.