How to make Payoneer account in India
To make a Payoneer account in India, visit the Payoneer website and click "Sign Up." You'll need to provide your personal details, including your name, email, date of birth, and contact information. Next, add your Indian bank account details where you want to receive funds. Payoneer will verify your identity by requesting documents such as a PAN card and address proof. Once approved (usually within 1 to 3 business days), you can start receiving international payments, though Payoneer typically charges currency conversion fees and withdrawal charges.
If you're looking for a more cost-effective alternative, Skydo is an RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers. It offers competitive exchange rates and faster processing times compared to traditional options. Before committing to Payoneer, consider reading a detailed comparison on Payoneer vs Wise to understand how different platforms stack up. Skydo often emerges as the better choice for businesses and freelancers prioritising transparency and lower fees on international transactions.