Payoneer account in Pakistan has solved the online freelancing payment transfer problem in Pakistan. Payoneer is a publicly listed company based in New York and found in 2005 but went public in 2021. Payoneer provides a platform for transferring online payments worldwide. Payoneer is a large organization, having 2000 employees worldwide. They are working in 200 countries.
Freelancers and other users are using their electronic transaction services throughout the world. Many freelancers, eCommerce, and digital marketplaces are connected with Payoneer, for example, Fiverr, Adobe, Upwork, eBay, wish, Amazon, and Google.
Pakistani Freelancers, eCommerce, and digital marketers were facing the problem that PayPal account was not available in Pakistan. Payoneer solved this problem. Now Pakistanis can receive or pay amounts easily from their accounts.
In this blog, we will discuss Receiving money from overseas countries to Pakistan using Payoneer, A complete guide for 2023.
Table of Contents
Toggle Table of ContentPayoneer account in Pakistan working Procedure
Payoneer provides a virtual Payoneer account to its registered users, and users can send or receive money worldwide using this Payoneer account. Payoneer also offers an ATM card to use in local ATMs to withdraw your money easily.
You can use your Payoneer ATM card in the following bank ATMs to withdraw your amount, Faysal bank, MCB, and Standard charted. Moreover, you can also transfer your Paynoeer amount to your local bank account or a Jazz cash account. You can also confirm whether your nearby bank branch accepts payment from the Payoneer account.
The Payoneer account also allows transferring the amount from one account to another free of cost.
We are talking about receiving money from overseas countries to Pakistan using a Payoneer account, A complete guide in 2023
Payoneer account registration
We will discuss the sign-up Procedure for the Payoneer account in this section. First of all, you need to open the website of Payoneer. To open the Payoneer website, please click on the following link
After opening the link, you will see a red register button in the picture below. Click on the button, and you will go to another page
There will be a short survey that Payoneer uses to identify a correct account for you on this page. They will ask you short questions, and there will b some options from which you will select which suits you best for Payoneer sign-up.
After selecting the right option, Payoneer will take you to the Payoneer sign-up screen, where you will fill out a form to register your virtual account. The Payoneer sign-up form is shown below.
After selecting the right option, Payoneer will take you to the Payoneer sign-up screen, where you will fill out a form to register your virtual account. The Payoneer sign-up form is shown below.
To read about online business ideas for students, click on the below link.
https://businessdream.pk/18-easy-to-start-business-ideas-for-students-in-pakistan/
Payoneer account Sign Up
Getting starting
In this form, you will enter the following information for Payoneer sign-up.
- Individual or company (You are working alone or working with a company, select according to your requirement)
- First name (Your name as per your computerized national identity card)
- Last name (Your father’s name)
- Email Id ( your registered email ID, for example, abc@gmail.com)
- Re-enter email address (Again, type your email ID as you entered before or copy your email ID and paste it into this box)
Contact detail
In this section, you will enter your contact details for the Payoneer sign-up account.
Country (Select your country name from the list, which is Pakistan in this case)
Address (Type your home or office address from where you are working)
City (Type your city name)
Phone type (Select the phone type on which Payoneer will contact you. Mobile or PTCL)
Phone detail (After selecting the phone type, type your phone number. In the first section, you will choose the country code +92 for Pakistan and then type your number without using 0. For example, +92-3001234567)
Security detail
After giving the contact detail in Payoneer sign-up account, you will enter the security detail. Payoneer will use this information to activate or change your password or code.
User name (Type your user name for the Payoneer account. This account may be your Gmail, Hotmail, Yahoo, or other email service provider.)
Enter a password (Set your password. You should use a mix of characters to set your password. For example, 123Payoneer&*)
Re-Enter Password (Write your password again, same as written in the above field. Payoneer will check whether you entered the password as you want or you typed a character mistakenly)
Id type (Select your identity type. For example, National ID or Driving license)
Account sign up
In this section, Payoneer sign-up will ask you about your bank account details to connect your account with the Payoneer virtual account.
Bank account type (Personal, joint, or company account)
Bank country (Pakistan)
Currency (PKR)
Bank name (Type your bank name in which you have an account, MCB, Faysal, or Standard charted).
Branch Name (Name of your bank branch. For example, Link road Lahore)
Account Name (Account title)
Account number (Type your account number)
SWIFT/BIC (type your IBAN)
After completing this Procedure, Payoneer will take two days to verify your details and send you a shipment containing the Payoneer account details at the address you entered in this form. You can also order your shipment manually by clicking on “Order Now.” The shipment will reach after ten working days, or sometimes it may take twenty days.
Congratulations, you have filled out the Payoneer account sign-up form, and now you can log in to your account to activate your account.
We are talking about receiving money from overseas countries to Pakistan using Payoneer, A complete guide in 2023.
To read about earn money online in Pakistan, click on the below link.
https://businessdream.pk/how-to-earn-money-online-in-pakistan-in-2023-25-best-ideas/
Payoneer account activation procedure
You will use Payoneer login to activate your Payoneer account before using it. You can start your account online, and it is an easy process. We will help you to activate your account through pictures. You can also activate your account using the Payoneer phone activation service, but you will use the same number you entered in the form. You will not pay any charges to activate your Payoneer account by phone.
Now will describe the process to activate your Payoneer account. First, you need to log in to your Payoneer account. The Payoneer login page is shown in the picture below.
User name (Enter your username as entered in the form)
Password (Enter your password as you entered in the form)
After Payoneer login, you will see the above picture. If you have more than one Payoneer account, select the desired account you want to activate. Still, if you only register one Payoneer account, you do not need to select the Payoneer account because it will appear automatically, as shown in the picture above.
After selecting the desired account, click on the Activate button in front of “To view your status and activate your account,” as shown in the picture.
Payoneer will ask you about the 16-digit card number and PIN code at the end of activation. Provide the number without hyphens and also provide a security PIN. After giving the required information, click on the “Activate” button.
Congratulations, You have your Payoneer activated account.
Use of account
Payoneer is linked with many freelancers, eCommerce, and digital marketplaces. So, you can receive or send money to other countries using your Payoneer account. You can also pay for your digital marketing on Facebook and Google Ad-sense campaigns.
On the other hand, you can also receive payment from your clients on Amazon, eBay, Alibaba, Fiverr, Guru, or Upwork. You can also use your Payoneer account to purchase from Godaddy, Hostgator, or Infolinks.
You can also receive your clients using your Payoneer account using the “Request a payment” option.
Account transection Fees
You can order Payoneer free, but they will charge you a fee to use their services. You can check their annual fee on their website. Payoneer will charge you 3 to 5 dollars using their master card. Moreover, Pakistani users transfer all their money to their local bank account monthly. Your local bank may also charge you for the transaction.
Payoneer has a 3% fee on the transaction; transferring the amount from the Payoneer account to a local bank account is 2% of the transaction. After moving the full amount from your Payoneer account to your local bank account, you can easily withdraw your amount through your local bank or an ATM card.
Methods of Receiving payments
You can use this option by filing a request for a payment form. Please follow the steps mentioned below.
Log in to your account
- Click on the Receive option
- Choose Request a Payment from the drop-down menu.
- Fill out the required information and enter the email of the client.
After this, your client will receive an email with instructions about sending money to your Payoneer account
Payoneer as Payout Method on Your Company’s Site
You can set your Payoneer account as a payout method on your company’s websites like Fiverr, Upwork, or others supported by the Payoneer account.
Transfer money from your Payoneer account to a local Pakistani bank account
Through these steps, you can share your money from your Payoneer account in Pakistan to a local Pakistani bank account.
- Go to Withdraw and then To Bank Account option.
- Select the currency from which you want to convert your money. Please enter your bank account details and confirm them.
- After transferring the amount from your Payoneer account in Pakistan, you should check your local bank account.
Sending Payments
You have the following options to send money using your Payoneer account
- Send money from the Payoneer account in Pakistan to another Payoneer account
- Send money from the Payoneer account in Pakistan to a local bank account
- Send money from your Payoneer account in Pakistan to your e-wallet.
You can send money from your Payoneer account by following these steps.
- You have an option “Pay” on your home page; when you click on it, you will see the option “Make a Payment” Click on it
- Now fill in the required information, including the account number and amount you want to send.
- Confirm the transaction, and Payoneer will transfer your amount
- Transfer money from your Payoneer account to a local Pakistani bank account
Payoneer live chat
Payoneer live chat is a facility that is available on the Payoneer website for more information. When you open the Payoneer website, you will automatically see a live chat message for your help.
There will be some suggested answers in Payoneer live chat for your convenience. If your answer is not available in the Payoneer live chat, then you can click on the button shown in the picture for Payoneer live chat.
Pingback: Freelancing in Pakistan, Why You Should Start - Business Dream