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Linking Your Current Payoneer MasterCard To Your 2Checkout Account

If you are an existing 2Checkout supplier and already have a Payoneer MasterCard you are now able to link that card to your 2Checkout account. If you are a supplier with more then 1 2Checkout account this means you can also link your payments together so they are all made to 1 card*. In order to link another 2Checkout vendor ID to an existing card the vendor needs to follow these steps:

  1. Go to your 2CO account. [of the account you wish to link to the card] and go to the sign up for Payoneer card as if you are going to order a new card.
  2. On the top right-hand side below the banner you can see: “If you already own a Prepaid MasterCard® from Payoneer, Click here”
  3. Click on the text and you will be shown a form with 3 fields. One for the card number, your Payoneer username and your Payoneer password.
  4. Enter the card number of the Payoneer card you already have and your existing Username and password for that card
  5. Submit this information
  6. Your additional account is now linked to your existing card

*Each account must meet its individual release level.

Adding accounts to your Payoneer card

You can attach multiple accounts to your re-loadable 2CO branded MasterCard. You do not need a separate card for each account. To do this, you will need to contact Payoneer and give them your Payoneer account number and any vendor numbers that you would like to have attached to your Payoneer card. Once you have given them all of the 2CO vendor account numbers that you would like attached, you must log into each 2CO account and select pay by Payoneer. If you select pay by Payoneer without contacting Payoneer and telling them the vendor account number, no funds will be loaded to the card.

Please contact us directly if you have any questions.

Releasing Payments to Vendors

Vendors have a wide variety of choices in how payments should be sent out from their 2Checkout account. The payment types, fees and availability can often be confusing. Release of payments also depends on the status of your 2Checkout account, which would have to be of a “Y” or “P” status to be eligible for the funds release. Below are the definitions, geographical availability and the associated fees for each payment type.

Continue reading…

Cyprus Adopts the Euro

As of January 1, 2008, Cyprus will be adopting the Euro (EUR) as its local currency. Because of this, our Cypriot suppliers must update their banking information via the Banking Wizard to prevent delays in payment.

UPDATE (12/20): Due to the New Year Holiday, payments issued on December 27, 2007 to Cyprus must be in Euro. Please make the necessary changes to your Bank Wizard to prevent delays in receiving future payments.

Please let us know if you have any questions.

More information about this change:

The New FCEFT and you!

Vendors that are located in Great Britain, Australia, and Canada are able to receive payment via Foreign Currency Electronic Funds Transfer (FCEFT) in their own currency. Vendors are now able to receive payment via FCEFT in the following currencies as well.

CHF or Swiss Franks
EURO
MXM
or Mexican Peso
NZD or New Zealand Dollar

When you are entering your bank information into the Banking Wizard, you will be required to enter your IRC (International Routing Code). This can sometimes be confusing due to different countries referring to it by different names. The following information will help you determine what your IRC is.

Continue reading…

Payoneer and 2Checkout.com

The time is here! I know that you have all been waiting patiently, and now all of your questions can be answered. I think that you will find that using Payoneer is a lot easier than you thought it would be. Today is July 11th and Payoneer has been added as a payment method. As soon as payments have finished running, the wizard will be unlocked and you will be able to sign up with Payoneer.

All you have to do is go into the banking wizard. The first two pages will be the regular information that you are already familiar with, on the third page you will have the option to sign up with Payoneer. Once you have signed up with Payoneer, you will be redirected to the 2Checkout.com wizard where you will have to click on the button that says that you wish to be paid using the Payoneer card. You do not have to do this right away; you can continue being paid by a prior method until you have received your card. This card is available to all vendors worldwide!

This is a new and exciting option, and 2Checkout.com along with Payoneer are very happy to be able to offer this option to you.

The 2Checkout Payoneer card!

Suppliers can now be paid directly to a 2Checkout Payoneer MasterCard!

2Checkout.com is introducing a new way for our vendors all over the world to receive their weekly payment. As of July 11, 2007, you will be able to register for your own Payoneer MasterCard, and receive your 2Checkout payments directly on the card.

By choosing to be paid by the 2Checkout Payoneer MasterCard, you will reduce the time that it takes for your payment to be delivered while cutting the costs associated with other methods of payment.

Here are some benefits of choosing the Payoneer MasterCard option:

  • Cards are shipped to virtually everywhere worldwide
  • Cards can be used anywhere MasterCard is accepted – online and in stores
  • Withdraw cash in local currency at ATMs around the world
  • 2Checkout payments will be loaded directly onto the card
  • Online access to view your account, payments, balance and transaction history
  • If the card is lost or stolen, a new card with the remaining balance will be issued

Payoneer has stringent regulations for customer privacy and uses top of the line security technology. If you ever have any questions about your card, Payoneer offers customer support by phone, email and live chat.

Continue reading…

How do I tell 2Checkout.com how to make Payments to me?

In order for us to know how and where to issue payments to, you will need to select “Bank Account and Payment Details” on your account homepage. From here, you will need to walk through our “Banking Wizard” and provide the requested information for the payment method you select. Using our “Banking Wizard” you can chose to have your payments released to you by ACH Deposit, Wire Transfer or Check. You can also set the Release Level of your account from here. Please note, The “Banking Wizard” will only ask you for information that is necessary for the payment method you select, all fields must be completed. To find out the correct information to enter into the “Banking Wizard” we ask that you to consult your bank or financial institution.

Vendors that are located in Great Britain, Australia, and Canada are able to receive payment via Foreign Currency Electronic Funds Transfer (FCEFT) in their own currency. Vendors are now able to receive payment via FCEFT in Swiss Francs, Euro, Mexican Peso and New Zealand Dollar. For more information FCEFT please see the information posted here.

I Have Not Received My Payment, What is the Verification Process?

All new accounts, and accounts whose sales level drastically rises, will be subjected to our account verification process. This process is typically done through voice verification with the end user of the service or product.

While this process is usually seamless, difficulty in verifying the legitimacy and status of your account can result in the delay of your initial payments.

If your account has not been cleared for release of payment prior to the payment period (Every Thursday), you should receive a notification via email of the delay in payment.

Important Note: Suppliers selling tangible goods should not expect payment until 2CheckOut can confirm receipt of goods shipped, and they were received as per the terms advertised on the supplier’s website. Delaying shipment until you receive funds is NOT considered an acceptable business practice.

Suppliers selling intangible goods, such as service related products (e-downloads, hosting, etc.), should not expect payment until 2CheckOut can confirm that your services have been rendered.

Suppliers who establish a new account within five (5) days of a payment cycle release date will not receive a disbursement of funds until the next payment period ends (approximately one (1) week).

Can 2Checkout Make Payments to International Vendors?

Yes, 2Checkout can make payments to International Vendors. Payments can be issued in the form of a check, air mailed at a charge of $4 USD per check, or you have the option of receiving an international wire payment. Vendors that are located in Great Britain, Australia, and Canada are able to receive payment via Foreign Currency Electronic Funds Transfer (FCEFT) in their own currency. Vendors are now able to receive payment via FCEFT in Swiss Francs, Euro, Mexican Peso and New Zealand Dollar. There is no fee for a FCEFT payment. More information on this payment method can be found here.

If your currency is included in the list of supported currencies below then you can choose to receive the wire in your local currency at a fee of $6.00 per transfer or you can choose to receive the wire in US Dollars at a fee of $15.00 per transfer.

If your bank’s currency is not included in the list below then you can choose to receive a US Dollar transfer at a discounted rate of $10.00

Currently, we are offering payments in the following currencies:

AUD Australian Dollars
CAD Canadian Dollars
CYP Cyprus Pounds
CZK Czech Republic Koruny
DKK Denmark Kroner
EEK Estonia Krooni
EUR Euro
HKD Hong Kong Dollar
HUF Hungary Forint
INR Indian Rupee
ILS Israel New Shekel
JPY Japanese Yen
KWD Kuwait Dinars
MXN Mexican New Peso
NZD New Zealand Dollar
NOK Norwegian Kroner
PHP Philippines Pesos
PLN Poland Zlotych
GBP Pound Sterling
SAR Saudi Arabia Riyals
SGD Singapore Dollar
SKK Slovakia Koruny
SEK Swedish Kroner
CHF Swiss Franc
THB Thai Baht (temporarily unsupported!)
TRY Turkish Lira
AED United Arab Emirates Dirhams
USD US Dollars

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Now a faster, easier way to get paid – the 2CO reloadable MasterCard®.

Sign up today and receive a $10 credit on your card.


Click here to learn more.

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