Marketplace Verification

How to pass Payoneer verification as an LLC

Payoneer is a global payment platform used by marketplace sellers, freelancers, and businesses to receive cross-border payments and access multi-currency accounts. For a US LLC, Payoneer requires business registration documents, an IRS EIN document, proof of business address, and identity information for beneficial owners. Payoneer is also the default payment processor for Walmart Marketplace seller payouts.

What Payoneer requires from an LLC

  • Business registration certificate. A Certificate of Registration, Certificate of Incorporation, business license, or equivalent state formation document confirming the LLC is validly formed.
  • IRS EIN document. An IRS document including the Employer Identification Number (EIN), such as a CP575 or SS-4 confirmation. The business name on the EIN document must match your Payoneer account.
  • Beneficial owner identity (25%+ owners). Government-issued photo ID (passport, national ID, or driver's license) for each beneficial owner holding 25% or more of the LLC, plus ownership structure documents.
  • Business address proof. A recent utility bill (within 3 months), bank statement, or company verification document displaying the company name and registered address.
  • Consistent business name across all documents. The company name must match across your registration documents, EIN letter, and Payoneer account. Discrepancies trigger additional review.
Not legal advice: Requirements change. Confirm with Payoneer. Reviewed 2026-07-21.

Payoneer verification by state

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Frequently Asked Questions

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Edmond Hui

Edmond Hui · Founder, MyStateLLC

Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.