Affiliate Marketing is one of the best ways to make money online. There are many people out there who are making thousands of dollars every month just by doing this.
If we talk about Affiliate Marketing programs, then no doubt, Amazon provides one of the biggest affiliate programs in the world.
If you are an Amazon affiliate marketer living outside of the US, it will be hard for you to get paid because Amazon doesn’t provide the Paypal option for money transfer.
If you go with the cheque, then it will take several days to receive. Plus, they also charge a fee.
So now, what is the other option to receive payment from Amazon affiliate?
You travel to the US and receive your payment. Just kidding.
There is another payment service just like Paypal known as Payoneer through which you can receive Amazon affiliate payments within a few days straight to your local bank account.
Being an affiliate marketer myself, I have been using their service to receive the payments and all I can say; I am quite satisfied with their service.
In this post, I will share
- Details about Payoneer
- How to create a Payoneer account
- How to link your Payoneer account with Amazon Affiliate account
So, ensure to read it till the end.
What is Payoneer?
Payoneer is a financial services company just like Paypal that provides online money transfer and digital payment services.
It provides cross border payments from over 200 countries that helps millions of businesses and professionals.
Companies like Google, Airbnb, Upwork and Getty Images also rely on Payoneer’s mass payout services.
How Payoneer Works?
Payoneer’s payment service provides you a personal collection account number which allows you to receive payment from US companies via ACH transfers & from EU companies via SEPA transfers.
It allows you to have a virtual US account (for Amazon US) so that the payment can be transferred to it.
When the payment is credited to Payoneer account via Amazon, it gets transferred to your local bank account within 4 business days.
Here is my payment proof from Amazon which I received on my Payoneer account. This was one of the first payment that I received from Amazon.
And this is the e-mail when my money got transferred to my local bank account from the Payoneer account.
Additionally, you will also receive a bonus of $25 in your account once you have done a total of $1000 transaction from your Payoneer account.
How To Open A Payoneer Account?
Click here to sign up for a free Payoneer account where you have to fill your personal and local bank account details.
Your local bank account is where your money gets transferred via Payoneer. So, ensure to fill it correctly.
Once you have filled it, Payoneer will review your details and approve your account within a couple of days.
Payoneer allows you to have the following currency accounts.
- USD (United States Dollar)
- EUR (Euro)
- GBP (Great Britain Pound)
- JPY (Japanese Yen)
- CNH (China’s National Currency)
- CAD (Canadian Dollar)
- AUD (Australian Dollar)
In our case, we will be using USD as we are dealing with the Amazon US affiliate account.
How To Link Payoneer Account With Amazon Affiliate Account?
Before beginning, please make sure you have filled your Amazon account tax details, so it shows as completed.
Once it’s done, follow the below steps.
- Visit your Amazon affiliate account & click account settings.
- Under Payment & Tax information, click on the change payment method. You can also see the tax status is completed as discussed earlier.
- Next, you will be given 3 options for payment. Choose the “Pay me by direct deposit” option.
- Here you need to enter your virtual US account details which can be found in your Payoneer account. For this, you need to visit Payoneer & then go to the Global Payments Service option.
- Under USD, you can find account details. Copy the details from here and paste it into your Amazon affiliate account. Once done, save it.
That’s it, Amazon will now transfer your money to your Payoneer account every end of the month from where it gets transferred to your linked local bank account.
The minimum payout for Amazon is at least $10. So, make sure you are making at least $10.
Over To You
This is how you can set up a Payoneer account and link it to your Amazon affiliate account to get paid.
Whenever you receive any payment, wait at least 4-7 days to get your money credited to your local bank account.
Moreover, you can also use Payoneer as an alternative of PayPal for your day to day money transfer.
So, now let me know if you have any question. You can drop a comment down below.