Payoneer & BMI Have Partnered to Offer You a Fast, Easy & Secure Way to Receive Your Royalty Payments
Payoneer provides you with a flexible and easy way to receive your royalties.
Why Payoneer
Greater Flexibility
From your Payoneer account, choose how to withdraw your funds
Faster Payments
Receive your funds in minutes to your Payoneer account
Lower Fees
Avoid excessive transfer fees
How It Works
Sign Up
to Payoneer and receive your USD receiving account details
Update
your BMI Online Services account with your USD receiving account details
Receive
your BMI earnings to your Payoneer account
Withdraw Funds
to your local bank account or using your Payoneer Prepaid Mastercard®
Benefits of the Payoneer account
Receive funds from anywhere in the world to one consolidated place!
From the Payoneer account you can:
Withdraw funds from Payoneer to your local bank account or to your home country
- Fast – Access your funds in 1-3 business days
- Local – Receive funds in your local currency
- Low-cost – Enjoy low and competitive transaction costs
- Supported- Real time email notifications when your funds arrive
Pay anyone in the Payoneer network for FREE
- Global – Pay anyone in the Payoneer network, anywhere in the world
- Simple – All you need is their email address
- Free – You won’t pay anything, even in case of international payment
- Fast – Payments arrive within 2 hours
Already Have a Payoneer Account?
You are welcome to link an existing Payoneer account for your royalty payments, but to take advantage of benefits offered exclusively to BMI affiliates* you must register an account via this webpage (BMI displayed at the top).
If you choose to register for another Payoneer account, you will need to use a different email address.
You will also need to enter your new USD banking details and email address in your BMI Online Services account.
Register with Payoneer
Step 1 – Getting started
Fill out all of the fields that follow (name, email address, DOB) as prompted. Note that the email address which you submit will become your Payoneer username, to which you will receive all communications related to your payments and Payoneer account. Also keep in mind that the information provided will be scanned and reviewed by our KYC engines*, and you may be prompted to provide additional documentation for verification.
Step 2 – Contact details
For the second step of registration, you will need to complete your contact details. If registering as an individual, you will need to input your personal phone number and mailing address. If registering as a company, you will need to input the address at which your company is incorporated, along with your business phone number.
Step 3 – Security details
For the third step of registration, you will be prompted to choose your password and security question for user verification.
* As a tightly-regulated company in the financial space, Payoneer must comply with the rules and regulations imposed by multiple governments, MasterCard®, and global banking partners in order to protect clients’ funds and prevent money laundering. Accordingly, account holders may be required to submit specific documentation that will assist in ensuring the safety and security of all transactions made via Payoneer. As part of the process, the following documentation may be requested of you: A copy of your ID, a Certificate of Incorporation, a Utility Bill, a Bank Statement, etc.)
Frequently asked questions
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Amazon, Getty Images, Google and Upwork rely on Payoneer’s mass payout services.
With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally.
Follow the steps above to register for Payoneer.
Once you have submitted your Payoneer application, you can view your account status at any time by logging in to your Payoneer Account – My Account.
New applications are usually reviewed immediately. Once approved, you will receive an email confirmation with further details. In some situations, you may be asked to provide extra details such as a copy of your ID, Certificate of Incorporation, bank statement or other documents.
Once you receive email confirmation, update your BMI Online Services account with your USD receiving account details.
The exact fees depend on the account usage. Detailed pricing and fees information can be viewed during registration on the top left corner under the “Fees” tab. After registration, please go to the “Pricing & Fees” tab located under the “Help” menu in
Payoneer bases conversion rates on the official mid-market rate at the time of transfer. A mid-market rate is the middle point between the currency’s official “buy” and “sell” rate, and is considered to be one of the best rates available.
Payoneer offers 2% above the mid-market rate, which is lower than most banks. We work hard to localize our global payment solutions in as many countries as possible including offering competitive conversion rates.
Sign in to My Account. Your current account balance will be displayed at the top of the page, below the menu.
You can easily withdraw funds to your local bank account.
To learn more about our Withdraw to Bank Account service, click here.
Sign in to My Account and go to the “Activity” menu, or click on either of the links below:
To view your payment history, click here.
To view your transaction history, click here.
In order to change your bank details, you will need to reach out to our customer care team. Be prepared to provide them with a reason for the requested change along with a bank statement, voided check, or a screenshot to your online bank account with all relevant banking details.
Once you provide the needed information and documentation, our customer care team will update your bank account details.
Missing a payment? No problem. We’ll get to the bottom of it. A few things to take into consideration:
Was the payment already issued by BMI? If not – please contact them directly for further clarification.
Have enough business days passed? Keep in mind that every country has a standard amount of acceptable business days that it takes to issue payments. Ask yourself if this time has passed: If it hasn’t – don’t worry. Your payment will shortly land in your bank account. If the time has passed…
Still missing a payment? Please contact customer care to ensure your banking details are correct. Be prepared to provide them with a bank statement or voided check dated less than three months back.
If you enter incorrect login info more than three times in a row, your account will be locked temporarily for 30 minutes. Afterwards, it should unfreeze itself automatically. If you do not recall your password, please reset. If you have any other password issues, or find yourself locked out of your account for an extended period of time, please contact the customer care team.
If you enter incorrect login info more than three times in a row, your account will be locked temporarily for 30 minutes. Afterwards, it should unfreeze itself automatically. If you do not recall your password, please reset. If you have any other password issues, or find yourself locked out of your account for an extended period of time, please contact the customer To update your personal details, please reach out to the customer care team. They will ask you to provide them with a government issued photo ID for the proof of change, along with a reason for the change (change of name, change of relationship status, etc.).