With the advent of online currencies and increased need for the online transaction, various platforms have been created to cater to the ever-increasing need to do business online and at a very easier and fast rate. One of such innovations was the introduction of Payoneer MasterCard to assist traders in transacting businesses without visiting the four walls of a financial institution.
Payoneer is a payment system which provides the innovative payment solution for a world not limited by boundaries. With Payoneer payment option you can fund your account and also withdraw your funds at any point you want. You can easily withdraw the money in your Payoneer account by walking into a bank with your Payoneer credit card and make withdrawals from the ATMs that accept MasterCard.
There are some Forex brokers that have this option of payment on their sites. These Payoneer Forex brokers have been able to eliminate all the struggles associated with the investment and withdrawal of funds when the need arises.
ADVANTAGES OF TRADING WITH PAYONEER FOREX BROKERS
There are several advantages which a Forex trader can derive by trading with Payoneer Forex brokers. These advantages are however not limited to the following;
1. A QUICK ACCESS AND CONTROL OVER THE DEBIT CARD FUNDS
The trader has the ability to control the funds on the debit card. Unlike the non-Payoneer Forex brokers who will require you to go through some rigorous processes before the funds can be controlled, with the Payoneer MasterCard, you can easily control all the funds in your account. Management of funds couldn’t be easier than this. With just a single click, all actions required on your funds can be carried out by following simple steps.
2. FASTER ONLINE/ATM DEPOSITS AND WITHDRAWALS
Traders tend to enjoy an uninterrupted online/ATM deposits and withdrawals without the involvement of a third party. All they require to make deposits or withdrawals are their Payoneer MasterCard and the rest is history.
3. GETTING BROKER BONUSES AND REWARDS DIRECTLY TO YOUR DEBIT CARD
The Payoneer Forex broker offers the trader the option of using the MasterCard as a virtual wallet. The trader can get rewards and bonuses directly into the card and can even use it as a means of payment at any store which accepts MasterCard.
4. IT ELIMINATES THE NEED FOR A BANK ACCOUNT AND CREDIT CHECKS
Payoneer Forex brokers assist the Forex traders by eliminating the need for a bank account and credit checks since virtually all the operations can be carried out using the Payoneer MasterCard.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.