My Bank Pay Outs
- Allows a user to send a mass payout, receive or withdraw funds online in a few simple steps
- The service is most used by a small business operation, enterprise or online marketplace
- The site is administered by Payoneer – Within the United States (9:00am – 6:00pm EST Mon-Fri) 1-800-251-2521 x2 – 150 West 30th St., Suite 500, New York, NY, 10001
The My Bank Pay Outs service allows a business owner to Send payouts to more than 200 countries, in over 90 currencies and is trusted to remit funds globally by the US & EU. Multiple payout solutions are available to include prepaid MasterCard and Visa Cards and global bank transfers. Local eWallets and International Checks are also accepted on a case by case basis.
How to send a mass pay out?
- Sign up for aMass Payout Account (valid email address required)
- Fund the account and add payees
- Send payouts via method of customers choice
Please note Payoneer is a licensed and registered e–Money issuer across the EU and Money Service Business in the US and works with major corporations to include Google, Airbnb, Elance and Getty Images. The firm was founded in 2005 and is based out of New York City.
Other Notes
- Offers a $25 refer a friend program that allows a member to receive a $25 bonus for each friend they refer (the friend must receive a minimum of $100 in payments to collect the referral bonus)
- Account to account transfers take 2 hours or less to complete and are free
- 2 million account holders worldwide to date
- Funds available within two business days of approval when using the Payoneer credit card loading program
Please note that the Payoneer credit card loading program accepts services on a case by case basis and are designed for US account holders only.
References
