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If you are anything like me, then you will be going to the local ATM stands almost three times per month to take up one Payoneer payment or another which ranged from (Online reviews payments, Display Ads revenue, Affiliate revenue, Direct services and more).
I have seen certain people telling me what went wrong with them while they tried to withdraw their earnings from payoneer to their Nigerian bank accounts.
They went ahead to experience a deduction of more than $30-$35 for their transactions and the ones who used cards to withdraw in their local ATMs in Nigeria here also have a very ugly story of almost up to $5 deduction per transaction.
Fortunately, I am not trying to say I know all but still, I had this same issue when I first started off but with time, I came to understand and get familiar with what can do better for me than what I was actually using as then.
In my bid to find out what next that works, I came across a platform which I know you must know; the SENDVALU. I was keen to know what this platform had to offer and I was amazed when I found out that SendValu could be the Saviour.
I was damn happy, I wouldn’t lie to you.
I always loved making money online and there is no exception if I helped yo do the same, and this is why I am writing this review.
I believe that you reading this post already knew what Payoneer is all about so I might not need to explain it here but in any case you do not know, you can head over here to get the full details of what Payoneer is all about.
So let us talk about the SendValu.
What is SendValu and how does it work?
SendValu is an online payment sender which is used basically to pull cash from credit cards to bank accounts in any of the countries they do support.
So to say, SendValu can be used to pull money from a credit, debit or any kind of card that holds money to another bank account once the card is being accepted by them and also holds in it an amount of money which is almost similar or more than the amount that is wished to be withdrawn.
The SendValu supports many countries for sending and receiving payments and ALAS, Nigeria is among the accepted countries for sending and receiving money.
They do support many currencies and I can say boldly that they do support almost all the countries currencies in the world if not a little less.
So I have been receiving my payments online from Payoneer smoothly through SendValu but there is a catch (Of course, there is always a catch to everything which seems good).
You will pay a little commission to them to get them to pull the money to your bank account.
I hope we all agree with the above stated?
Now, if you are an Adsense publisher, Media.net Publisher or a publisher with any Ad network, affiliate, direct services or any service online that pays through payoneer, I trust this is high time you stopped using the local banks here in Nigeria to make your withdrawals as you will pay more for them.
Also do not send directly to your bank account unless you can bear the loss of $30-$35 for every transaction.
Since you’re here for the obvious, I will walk you through the ways which you can pull money from your Payoneer master-card or credit cards to your Nigerian bank account and get the credit alert in just some hours to some days.
Lets get started…
- Head over to SendValu.com, create an account and get started
With the link above, you can create yourself an account on SendValu.com and get started. Here you will use your pure business or personal email address and phone number, your real name as it appears on the credit card you intend using and also a password you can easily recall.
After creating the account, here is what next to do.
- Go to settings and use your government issued ID card to verify your account
While you used a name that appeared the same way on your card, you will also need to verify your ID by uploading your Nigerian government issued ID card (Voters card, International passport, National ID, Driver License).
This will help prevent fraud as a platform like this will have to do everything they can to keep themselves from scam and bad reputation.
Next thing to do after this is…
- Login and click on send money on the right top bar of the account dashboard
Click on the send money and see the options there for you to choose from.
There are three columns here…
Lets analyze the three of these;
Here you get to select the recipient country which in this case is Nigeria as you are a Nigerian I suppose but if you are not you can select your own country.
- Cash Pickup (With Sub category; Mobile money)
Under this, select mobile money which arrives in your bank account in some hours or sometimes, the money arrives in the same day or the next business day using the mobile money with a little higher charges.
- Bank transfer
The money takes longer here to arrive, sometimes three to ten days with lower charges.
Now yo have to select the amount the beneficiary gets and choose the currency it will be in either Dollar, Euro, Yen Canadian Dollar or Australia Dollar, and watch the other box change to a corresponding figure in Naira with their own charge already removed from the initial input.
- Select a distributor of your choice
We have the Bitpesa Nigerian Mobile Money
Impalapay Nigerian Mobile Money
Just choose between the two and get going.
Click on continue to the next phase which is the;
You will have to fill in the details of your Nigerian bank account here with the email address used to create your Nigerian bank account (If email was used) if no email was used, enter your personal email address here, and also your mobile phone number should be entered too with the country code (+234) as the initials.
Please make sure you used your working phone number here.
Then click o continue and proceed to;
Here you will need to quietly enter your Payoneer credit card details;
- The name on the card (Which must be same with the name on your Nigerian bank account)
- The card Number
- The card expiration year
- The card CVV number
If you had a coupon here, you can input the coupon code in the box provided for it below and click on redeem.
Click on the Pay button below after checking out the transactions and how much you will be required to pay.
Please note that here, some tax are calculated and it appears that you will pay at most $5 to pull off any amount in your payoneer card to your Nigerian bank account unlike the other ways of withdrawal that will cost you a fortune.
- Wrapping up
Now, believe that this is not one of the professional reviews and how to’s you read online but I know that this will be worth your lead.
Keeping a little income to yourself is not that much of a very bad idea, so with SendValu, you can actually get to keep a huge part of $35 that could be spent trying to send directly to your bank account than have it lost like that.
Try this new way out and have me told how it went with you in the comment box.