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.

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.

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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.

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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.

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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.