Payoneer Capital Advance Offer is a capital solution that provides you with an advance on upcoming earnings. Requirements are that you are at least six months present on the market that you use for earning. Payoneer will send you a Capital Advance Offer according to the previously transferred payments to your account.
On the Payoneer website, you can read that this offer is for Amazon and Walmart sellers and Upwork freelancers. Not everyone who owns a Payoneer account will get this offer. The only way to get this offer is to receive it directly from Payoneer.
Accept Capital Advance Offer
Before you start thinking of accepting the offer, you should know that you do not need to accept Payoneer’s complete offer. Suppose you decide to take the Payoneer Capital Advance Offer. In that case, you should go to View Offer in the email that you get from the Payoneer. Another way is to log in to your Payoneer account and select Receive → Capital Advance. After you check all the details or change the amount of money you want to get, click on the Accept Offer. The funds will be on your account within a few minutes.
The amount you have got from this offer must be returned according to the settlement date. Besides the amount, you will also return a fixed amount fee.
Capital Advance Offer Settlement Date
Payoneer will start collecting the amount when the settlement date starts. The settlement date usually depends on the offer you get and can be from 1 to 6 months. If your settlement date is August 15, the Payoneer will try to collect the whole amount one month later. If you do not have that amount on the account, they will take any amount until the entire amount is returned.
This offer is easy to reborrow because you don’t have to go through the application process again. According to your business performance or the previously borrowed amounts that you transferred on Payoneer, you will get the offer.