Payoneer Pakistan: You may have heard about Payoneer, if not, doesn’t matter as this article is going to explain to you every aspect of Payoneer. Basically, Payoneer is a great effective and easy way to do both of your national and international payments. It is not only an active way but also trustworthy for the exchange of money throughout the world. The company was a financial based one established back in the 2005 and with the passage of time as its services were greatly admired by the customers, it then came to its exposure level internationally as well.
So, if you are Blogger, Freelancer or even Associate Marketer, it’s good news for you as you can do your online payment and receive cross-border payments from your international clients and customers in not only less time but also in a very cost-effective fee. Now you are able to do freelancing for your international clients without any hesitation as Payoneer has extended its branches and services to different parts of world including Pakistan as well. So, you can withdraw your money easily using local ATM’s at any part of Pakistan.
Getting into Payoneer
The only alternative to Payoneer is the PayPal which is not available in Pakistan so if you have decided to get into Payoneer then you will need to follow a few easy steps because ease for the customers is one of the top priorities of Payoneer.
- The journey of entering into the system of Payoneer starts from the online registration which is considered as the first step of it.
- Then you must submit all the details asked in the registration form. Make sure you have given correct details then submit the application form.
- Once your application is reviewed by Payoneer your account will be verified and activated.
- After the confirmation of your account, you can easily start your electronic financial journey with the Payoneer and do your payments.
How to register for an account
The application form is the same as the process of sign up of your account in the Payoneer for which you will need to fill out the required details asked in the form. For online registration web page click the link below.
Steps for Online Registration
- The very first page is about your personal details like your First Name, Email Address etc. Fill them out and proceed accordingly.
- After completing hit the next button.
- The second thing which is required for the getting into the Payoneer is having a local account in any of the Banks in Pakistan like HBL, Meezan Bank, MCB, Alfalah etc.
- Enter your local bank details and go next.
- Then, as usual, read the terms and conditions which Payoneer apply to the customers and tick for agreeing to those terms.
- At last, make sure all the given information is correct. Once confirmed then submit the form.
After completing the whole section review all the form and make sure you have submitted all the information correctly to avoid any kind of problem afterward. After reviewing the form accept the terms and conditions applied to making an account in the Payoneer and then submit the form.
After the first step of registration, your account will be reviewed by Payoneer and by the lapse of 2 to 3 days you will receive a confirmation email from Payoneer. So Welcome to the online financial system of Payoneer.
How to receive a card
If you have experienced the excess visits to your bank for making your account and then checkbook as well ATM card, don’t worry as Payoneer Pakistan has provided services for the comfort of its customers and you can even receive your ATM card to your house just by few clicks.
As you are done with the registration of your account you can order your Payoneer Card through the link given inside the application form. Don’t forget to order it otherwise you can simply skip that part. Just order your card of the type you want, and it will be delivered to you on to your house.
How to activate the Card
After applying for ATM card online you will receive your master card or any card you have applied for through TCS or post
The third step after online registration is the card activation for the Pakistani customers of Payoneer. It is as simple as the previous steps. You just need to apply for the ATM Card issuance and then the only thing you must do is to wait till the card is being delivered to you through Post or TCS. Along with the card, a transcript will also be attached which will guide you through the whole process of card activation and as well provides a complete information about the card and its usage.
The other way around for the card activation is to login with your Payoneer account and there will be a link available to you which when clicked opens a web page where few questions regarding your card information will be asked. After providing the asked details your card will be activated. The details which you have to submit is the 16-digit card number and 4-digit code of your choice.
The card is ordered and delivered free of cost across Pakistan, but its activation charge is $30 which is debited from your Payoneer account.
So, you can see that Payoneer has made everything in its system according to the ease and accessibility of its customers. every transaction and transfer of money can be done online and even its registration is also done online instead of going to the banks in the hot or cold weather and do your bank work after spending a lot of money on fuel and as well wastage of time.
After getting your card you can go shopping and as well transit your money from any Payoneer Franchise across Pakistan.
How to transfer money through Payoneer
Payoneer Pakistan’s services also includes the online transference of money from Payoneer account to any national and international bank. Similarly, you can also link your own bank account with your Payoneer account and transfer money. The most beneficial fact about Payoneer is that it provides online services.
If you are seeking for the details that in which ways you can transfer money through Payoneer than let me categorize the ways of transactions in two ways:
- Global Bank Transaction:
If your worker or client doesn’t have any Payoneer account then don’t worry, still, you can use your Payoneer account for the payment procedure because here is the solution for that.
Global Bank Transaction works like a centralized system where the company you are working with transfers your payment to the Payoneer Mass Payment Companies which then transfers it to your local bank account.
- Local Bank Transaction:
Payoneer thinks about simple, safe and secure ways for the transaction of your money from across the globe. Your funds can reach the Payoneer account from where you can easily withdraw it into your local bank account at any time with just a few clicks. As simple as possible it has been made for you!
How to withdraw money through Payoneer
Although Payoneer wants to provide easy and comfortable services but as it has not been stretched fully across Pakistan, money can’t be debited or credited from any ATM. There are just three Banks of Pakistan which supports Payoneer:
- Alfalah Bank
- Standard Chartered Pakistan
- Muslim Commercial Bank Limited
Alfalah Bank doesn’t charge for the transaction by Payoneer while other Banks do. Standard Chartered Pakistan charges Rs 300 per transaction and Muslim commercial Bank Rs 200 per transaction.
Steps for The Online Withdraw of Funds
If you are tired but still have got your bank work then you need not to go out of your house you’re your international payments, but you will just need a Smartphone, Internet and a cup Chai or coffee. Follow the following steps and get your work done in few touches on your touchpad:
- Login to your Payoneer account.
- Open Menu, then go to Withdraw, and then to Bank Account.
- Enter the currency balance or any kind of card from where you want to do the withdrawal.
- Provide the details asked in the form.
- Enter the amount you wish to withdraw.
- Enter review button for rereading your action before doing it.
- Go through the details you have provided and then make sure all the given information is correct. If found any mistake, then edit it before submitting.
- At last, approve the form and hit Withdraw.
- A confirmation email will be sent to you from Payoneer.
- You have done it in just a few minutes!
Is there any limit for the withdrawal of Money?
Like all other banks of Pakistan which sets a limit for the money withdrawal at a time from the account, Payoneer also has set a certain limit.
For Global Bank Transfer the mass unit companies’ maximum range is unlimited but the minimum is USD 50. While for the Local Bank Transaction it depends on the account balance. Once you hit the withdrawal button all the limits and their conditions will be displayed to you.
Tick Tick Transfer Time
Now the question must have risen in your mind that how much will it take for the complete transaction. The time lapse for the Global Bank Transfer is 2-5 working days after receiving the confirmation email from Payoneer USA and same is the case with the Local fund transfer.
I think I have explained as much as I could in detail so that this article be beneficial for you, especially for those who are new to the System of Payoneer Pakistan.
Most of those who have read the article must have a query about why they should choose Payoneer which is a very valid question. For getting your answer read further because here is the main part which is explaining why you should choose Payoneer for your Financial fund transactions.
Why is Payoneer better?
If you are a freelancer, Blogger, or an online worker for the international clients and companies then definitely you have faced problems like deduction of the money in the process of its transference internationally. Other problems also include non-availability of Franchise or non-acceptance of Bank services also cause great trouble for the payment methods. But here comes the role of Payoneer which has comforted its customers by its services in Pakistan so that Pakistani people including you and I be able for the doing of our online work with ease.
The reasons why you should choose Payoneer is described as below:
Pakistan Payoneer, a new idea!
There have been traditional methods for the national and international customers like PayPal, Payza or Moneybooker which had the same old conventional ideas and services. All those methods are being recruited into a new idea shaped as Payoneer.
There are companies which offer a good job and handsome amount of money for its clients but still, their transaction process hits with hurdles as most of them are banned in Pakistan and their transference of money Is not possible at all. But Stay in mind that Payoneer has resolved this problem and now whether you want to work with US company or any other, you can easily do the payment process.
The revolutionized process of transaction
It has revolutionized the process of money transaction where you can even withdraw money which your US clients have credited to your account with help of Payoneer Master card anywhere in Pakistan.
No need of having a local bank account
It is to be known by everyone that if you are using any account like CLIXSENSE, adf.ly, ShareCash etc it is necessary for you to have a personal bank account of your own for the money withdrawal but since Payoneer has come, this need has been shifted to nothingness and you can easily withdraw your money with your Payoneer card.
A credible Source Known
The master card of Payoneer is as much credible as other ATM cards of other Banking systems of Pakistan. So, there is no need to worry about making online shopping or even using your master card in different places for debiting procedure. It is the unique feature of Payoneer while other financial gadgets like Payza doesn’t provide such a flexibility.
Do your work ASAP
If you are a rapid person, get your heart on as Payoneer has solved your problem. All the withdrawal and transaction process is done via internet and card so just by few clicks, you can do all your work without any worry.
NO Administrative Involvement
I know very well if you have experienced the administrative hassle of for the online payment because I myself have also experienced it. But after all the talks on Payoneer there are only the two members who are the planner of this whole procedure. You and your Master Debit Card. Yes! There is no any kind of administrative chain to talk to or have any kind of permission and even signatures a headache. This is the ease for the Payoneer customers including even me.
New Freelancers don’t worry about your payments anymore!
So, for the guys who are new and want to make money from internet, no need to think much about your payments from the clients. Do not much worry about the trustworthy source for getting your payments from your clients. Because Payoneer is here to make your life easy. Just start your work online and make money. Good luck!
Hidden negative marking
I think most of you have experienced using your credit cards and then when you look at the receipt your money has decreased normal than usual? Yeah, there are companies who have put hidden negative charges on every transaction you do from your account but in the System of Payoneer, there is not any concept of such rubbish. Even if any such thing was going to happen Payoneer itself sends an email about the amount deducted and reason behind that so there remains no ambiguity behind any act.
The ability of the Card
The master card is able to transfer your money from your Payoneer account to your local bank account is there will not be any kind of tax or money loss in between the process of transference. Payoneer has given this facility through its online website as well. Just log in to your account and do your payments and billing etc.
Make Money Through Payoneer
The most interesting fact about Payoneer is that you can even make online money through Payoneer while your money processes in your account. The System is called “Refer a Friend”. You just need to sign up for your master card via referral link and enjoy up to $25 of award by your referred friends. Now when each one of your referred friends signs up for their master cards you get your award and earn money which includes in your own Payoneer account. Similarly, whenever your reference transacts money minimum $100 through their Master Card you will earn $25. So Payoneer itself also works as an earning source as well.
Final Words – Wrapping It Up
So, it was our detailed review about Payoneer Pakistan. If you think we have missed anything or if you have any question, feel free to ask in the comments section. 🙂