YNOT – To celebrate and promote the launch of its newest service, electronic payment facilitator Payoneer is offering cardholders three months of peer-to-peer transfers free of charge.

The peer-to-peer transfer service allows one Payoneer cardholder to send money to any other quickly and easily, according to the company. The receiving card is loaded with the funds within two hours of the transaction. Until midnight EST July 31, all P2P transfers will be free; after that, transfers cost 50 cents each.

To initiate a transfer, cardholders need simply log in to their accounts at Payoneer and select “Transfer to Another Card” under the tools menu. Payoneer offers a FAQ about the new service here.

Based in New York and Tel Aviv, Payoneer provides businesses and individuals with ways to deliver compensation to suppliers and other business partners worldwide. For more information, visit the company’s website or contact Pearl Levy by [email=pearl@payoneer.com]email[/email].