Payoneer E-wallet

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payoneer iraq

Payoneer is among the oldest wallets, established in 2005. Gradually, it witnessed significant growth, and recently it has been adopted by some online casino sites as a payment method, even in Iraq.

It is a better option than banks, and since it is an international wallet rather than a local one, you can find it more frequently than others.

Let’s review Payoneer today and inform our readers how to create an account, how to deposit in an online casino using it, as well as some other important information to know.

Casinos That May Accept Payoneer

Our Pick Of Top Casinos

Bonus up to
$3,500 + 200 FS

5.0

Bonus up to

$5,000

4.8

Bonus up to
2,500,000 IQD

4.5

Bonus up to

430000 IQD

4.3

Bonus up to

$1,500

4.3

Bonus up to
€1500 + 150 FS

4.0

Bonus up to

$20,000

3.8

Bonus up to

$2200

3.8

Bonus up to
$1,739 + 150 FS

3.8

Bonus up to

$1,000

3.8

Bonus up to

$200 + 50 FS

3.5

Bonus up to

$1,500 + 100 FS

3.5

Welcome Package up to
$1,000 + 125 FS

3.5

Bonus up to
$1,600

3.5

Bonus up to
2,100,000 IQD + 150 FS

3.5

Bonus up to
$1,000

3.5

Welcome Bonus
100% up to $300

3.5

Welcome Bonus
Up to 40£

3.3

Bonus up to
€5,000 + 250 FS

3.3
Pros
  • Fast transactions: deposits are done within seconds and withdrawals within a few hours only
  • Strong security measures
  • Multi-currency support including USD and EUR
  • Global access: works with some international casinos
  • Easy-to-use mobile app that gives full control of the wallet
  • Reliable customer support

Cons
  • Limited presence in online casinos
  • Some withdrawal fees apply
  • Account verification required
  • Doesn’t offer local payments like bills, unlike other Iraqi wallets

Payoneer in Online Casinos

Payoneer wallet is not generally intended for depositing and withdrawing in online casinos. In fact, it is very rare to find it as a payment method in online casinos. Iraqi casinos usually opt for local wallets like Zicharge or FastPay, whereas international casinos prefer options like Skrill and Neteller, which are much better but not available in Iraq.

Payoneer is mostly known as a B2B payment method. This means that if you want to conduct business transactions online, you can use it to receive payments. Additionally, if you subscribe to freelance platforms like Fiverr or Upwork, you can get paid through Payoneer.

To sum it up, Payoneer is not the most convenient casino payment option, as it is barely available for this purpose.

How to Create a Payoneer Account

In order to create a Payoneer account, make sure you have your ID ready as well as a valid phone number, because you will need to verify your identity. Afterwards, complete the following steps to create a Payoneer account.

Step 1 payoneer circle logo Getting Started

State whether you have a registered business or not. If you do, you should fill in the company details. If not, then you should enter your personal details, including first and last name, email address, and date of birth.

Step 2 payoneer circle logo Contact Details

Enter your country, street address, and postal code. Then add your real mobile number, because you will receive a verification code to confirm it.

Step 3 payoneer circle logo Security Details

Enter a strong password and choose a security question.

Step 4 payoneer circle logo Submit Documents

Send your ID and a selfie, and wait for the team to review your documents. Afterwards, your account will be ready.

Payoneer Wallet Features

payoneer mastercard

Though not available for casinos and generally not for local Iraqi payments, Payoneer remains the best eWallet for freelancers online and small online business owners because it has the following features:

  • International Payments: You can send and receive money internationally from any country in several currencies.
  • Link to Freelance Platforms: Big names like Fiverr and Upwork can be integrated with Payoneer, making it easy to get paid.
  • Prepaid MasterCard: Not just a virtual wallet, but you can get a Payoneer MasterCard, and it will be just like having a bank card accepted everywhere in the world.
  • Bank Transfer: With Payoneer, you can withdraw directly to your linked Iraqi bank account.
  • Secure and Verified: Provides high-level security with account verification to protect transactions.

Payoneer Transaction Fees

ServiceFee
Receiving Payments from a Payoneer AccountFree
Receiving Payments from International Clients3%
Withdrawal to Bank$3 + Currency Conversion 2% Fee
Payoneer Prepaid MasterCard Card$29.95
Payoneer MasterCard Withdrawal$3.15/withdrawal
Currency Conversion2% Higher than market average
Inactivity Fee2% Higher than the market average

Comparing Payoneer with Other E-wallets

We wanted to compare Payoneer with one international e-wallet, Skrill, and another local Iraqi wallet, Zicharge, to see how they differ. Each has its advantages and disadvantages, but for casinos, the most suitable would be Zicharge, though even that is not widely available. We genuinely hope that one day Skrill will be accepted in Iraq, as it would open many doors for Iraqi casino players, especially those who don’t like using crypto.

FeaturePayoneerSkrillZiCharge
TypeInternational Ewallet + Prepaid CardInternational Ewallet + Prepaid CardLocal Ewallet
Casino AvailabilityNoWidely AvailableOnly in some local casinos
FocusFreelancers, global paymentsOnline CasinosLocal purchases, Mobile top-ups, bill payment…
Currencies Supported150+ currencies40+ currenciesIQD
Fees1%–3%1%–5%No Fees
Deposit SpeedInstantInstantInstant
Withdrawal SpeedUp to 24 hoursUp to 24 hoursA Few hours
Deposit Limit$10,000/day$10,000/day1,000,000 IQD/day

Payoneer Wallet: A Conclusion

To sum it up, Payoneer e-wallet is not a good option for those looking to use it in online casinos or for their local transactions in Iraq. However, if you are planning a side hustle that includes online surveys or joining freelance sites like Fiverr or Upwork to earn extra money, then you should have a Payoneer account, as it is the safest way to get paid from such sites and might be your only option. These sites are often reluctant to use crypto, and local Iraqi wallets or banks are usually not available for such international transactions.

As for casinos, cryptocurrency remains the best option for payments unless you are playing in a local Iraqi casino that supports Zicharge, FastPay, or AsiaHawala, or on an international site that caters to Iraqi players, like Betfinal.

payoneer-white-logo Wallet FAQs

What is the difference between Payoneer and PayPal?

Both methods serve the same purposes. However, PayPal Iraq is much easier and faster, as the payments are received directly and can be withdrawn quickly to your Visa card. While withdrawing via Payoneer takes a longer period of up to 3 business days. However, Payoneer fees are lower than PayPal’s.

How do I contact Payoneer’s customer support?

From Iraq, you can call this number +1-646-658-3113 to contact Payoneer. You can also send them an email to CustomerServiceManager@Payoneer.com, and if you have a big problem mad n are not satisfied with the response, you can contact the executive management at VPOperations@Payoneer.com.

Is Payoneer available in Iraq?

Yes, Payoneer wallet accepts registration from Iraqi players, but you cannot make local payments using it.

Is Payoneer available in online casinos?

It is rare to find a Payoneer e-wallet available as a payment option in online casinos. It is preferable to use local wallets like Zicharge or FastPay instead.

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