Quote:NEW YORK — Payoneer has launched a new peer-to-peer transfer service, allowing money to be sent from one Payoneer cardholder to another at 50 cents per transfer.

The company said the card is loaded within two hours. As part of the launch, Payoneer is offering cardholders three months of free peer-to-peer transfers beginning now and continuing through July 31 at 12 p.m. EST.

To make a transfer, cardholders need to login to My Account and select Transfer to Another Card under Tools.

Payoneer is an online payment distribution solution providing online businesses and other companies a way to deliver compensation to their suppliers and partners worldwide.

For any questions, please contact pearl@payoneer.com.