How to Open Payoneer Business Account with LLC and EIN 2025 | Get $25 Free
Opening a Payoneer Business Account with your LLC (Limited Liability Company) and EIN (Employer Identification Number) is a smart move for entrepreneurs and businesses looking to manage global payments. With Payoneer, you can receive payments, make transactions, and access a range of financial services that help you grow your business. Plus, by signing up now, you can get a $25 bonus to kickstart your Payoneer journey!
Watch the full video for a detailed walkthrough of the steps: How to Open Payoneer Business Account with LLC and EIN 2025.
Why Open a Payoneer Business Account with LLC and EIN?
Opening a Payoneer Business Account offers many advantages for businesses in 2025:
- Global Payment Acceptance: Receive payments in multiple currencies, with local bank accounts in countries like the US, UK, Japan, and more.
- Seamless Cross-Border Transactions: Easily transfer money between Payoneer accounts and to bank accounts worldwide.
- Access to Global Clients: Payoneer is widely trusted by international marketplaces like Amazon, Fiverr, and Upwork.
- Professional Payment Solutions: Manage invoices, make payments, and track business expenses—all in one place.
Step-by-Step Guide to Open Payoneer Business Account with LLC and EIN
Step 1: Register Your LLC
Before setting up a Payoneer Business Account, you must have your LLC registered. This process involves:
- Choose a Business Name: Ensure the name is unique and not already taken.
- File Articles of Organization: Complete the paperwork required by your state to register your LLC.
- Obtain an EIN (Employer Identification Number): Apply for your EIN through the IRS (Internal Revenue Service) website. You’ll need this for tax purposes and to open a Payoneer Business Account.
Need help registering your LLC? Services like Northwest Registered Agent simplify the process.
Step 2: Sign Up for Payoneer Business Account
- Visit the Payoneer sign-up page.
- Choose “Sign Up” and select Business Account.
- Enter your LLC details:
- Business name (must match the name on your LLC).
- EIN (provided by the IRS).
- Business address (make sure to use a correct and consistent address with your LLC registration).
- Business email for communication.
Important: Ensure the information you enter matches exactly with the records you have for your LLC and EIN to avoid delays in the verification process.
Step 3: Submit Required Documents
Payoneer will require some documents for verification, including:
- LLC Registration Certificate (to prove that your LLC is legally registered).
- EIN Confirmation Letter (provided by the IRS).
- Proof of Identity (a government-issued ID or passport).
- Business Bank Account Details (if applicable).
Once you’ve submitted these documents, Payoneer will review your application and usually provide a response within 2–3 business days.
Step 4: Activate Your Payoneer Account
After Payoneer verifies your documents, you’ll be notified to activate your account. Once activated:
- You can start using your Payoneer Business Account to receive payments from clients and marketplaces.
- Link your Payoneer account to your business bank account for easy withdrawals.
Bonus Offer – Get $25 Free
When you sign up for Payoneer Business Account in 2025, you’re eligible for a $25 bonus. This bonus is credited to your Payoneer account once you receive your first payment of at least $1,000. This is an excellent way to get started with your Payoneer account and take advantage of all the features it offers.
Sign up for Payoneer and get your $25 bonus.
Common Issues and How to Avoid Them
1. EIN Mismatch
Make sure the name on your EIN matches the name on your Payoneer account. Any discrepancy can cause delays in approval.
2. Document Clarity
When uploading documents, ensure they are clear, legible, and meet Payoneer’s requirements. If any document is unclear or incomplete, Payoneer may reject it.
3. Address Consistency
Use the same address for your LLC registration, EIN documentation, and Payoneer account to avoid any confusion during the verification process.
FAQs
Q1: Can non-US residents open a Payoneer Business Account with an LLC?
Yes, Payoneer allows non-US residents to open a Business Account with a registered LLC and EIN.
Q2: Do I need a business bank account to use Payoneer?
No, Payoneer provides a “Global Payment Service” that gives you local receiving accounts in multiple currencies, so you don’t necessarily need a traditional business bank account to get started.
Q3: How long does Payoneer take to verify my documents?
Typically, Payoneer takes 2–3 business days to review your documents and verify your account.
Useful Resources
- Watch the Full Video Tutorial: How to Open Payoneer Business Account with LLC and EIN 2025
- Sign Up for Payoneer Business Account: Payoneer Sign-Up.
- Register Your LLC: Northwest Registered Agent.
Conclusion
Opening a Payoneer Business Account with your LLC and EIN in 2025 is a straightforward process that unlocks many opportunities for your business. By following the steps outlined in this guide, you can enjoy seamless global payments and take advantage of Payoneer’s tools for business growth. Don’t forget to sign up and claim your $25 bonus today!