Another reason is that Payoneer works in places where PayPal is not available, like Pakistan. It gives a virtual bank account in the US and other countries, which helps users receive payments easily. People also like Payoneer because of its low fees and quick transfers. The company provides good customer support, which is helpful if any issue comes up.
Table of Contents
Table of Contents
Why Use Payoneer in Pakistan
Payoneer is widely used in Pakistan because it helps people receive payments from other countries easily. Many freelancers work on platforms like Fiverr, Upwork, and Freelancer. These sites support Payoneer, so it’s easy to connect your account and withdraw earnings. The money can be transferred to your local bank without extra steps.
Payoneer also works as a good alternative to PayPal. Since PayPal is not available in Pakistan, Payoneer gives users access to virtual bank accounts in the US, UK, and EU. This helps in receiving payments from international clients and companies without delays. The process is simple and works well for new users.
You can also order a Payoneer Mastercard to use for shopping and ATM withdrawals. This adds more flexibility in how you use your money. The fees are also low compared to other services, and transfers usually happen fast.
Demands to Create a Payoneer Account
- Minimum Age and Identification: You must be at least 18 years old to open a Payoneer account. A valid CNIC or passport is required to verify your identity. This step is important to keep the platform secure and trusted.
- Email Address and Phone Number: You need an active email and a working phone number. These are used for account verification, login alerts, and communication with Payoneer. Make sure they are accurate and accessible.
- Local Bank Account in Your Name: A Pakistani bank account is required to receive payments. It must be active and in your own name. You’ll be asked to provide the bank name, account number, and branch details.
- Password and Security Details: During sign-up, you must create a secure password and answer security questions. This helps protect your account from unauthorized access.
- Document Verification: Payoneer may ask you to upload a copy of your CNIC, passport, or bank statement. These documents must match the details you entered. If not, your account may not be approved.
- Accuracy of= Information: All the information you provide must be correct. Payoneer checks it before approving your account. Any wrong or fake details can delay or block your registration.
Steps to Create a Payoneer Account
1. Visit the Official Payoneer Website
Go to www.payoneer.com. Click on the “Sign Up” or “Register” button at the top right. Always double-check the URL to make sure you are on the official site. This protects you from scams or fake pages.
2. Choose the Right Account Type
You’ll see a few options like “Freelancer or SMB,” “Online Seller,” or “Affiliate.” Choose the one that matches how you earn money. For most freelancers or bloggers, “Freelancer or SMB” is the best choice. Then click “Register”.
3. Enter Your Personal Details
Fill in your full name as written on your CNIC or passport. Add your correct date of birth and email address. This is important because Payoneer uses this info to verify your identity later.
4. Add Contact Information
Type in your full address including house number, city, and postal code. Choose Pakistan as your country and add your mobile number. You’ll get a verification code via SMS, so use a number you have access to.
5. Set Your Login and Security Info
Create a strong password with letters and numbers. Choose a few security questions and write answers only you know. This helps protect your account from hackers and gives extra safety when you log in.
6. Provide National ID and Bank Information
Enter your CNIC, passport, or driving license number depending on what you have. Then, add your bank account details: account number, bank name, and branch code. The name on your bank account should match your Payoneer account.
7. Review and Submit
Go through all the information you added. Make sure everything is correct. A small mistake can delay approval. Click “Submit” to send your application to Payoneer for review.
8. Wait for Approval
Payoneer will check your details and documents. It usually takes 2–5 working days. You’ll get an email when your account is approved. After that, you can log in, link your bank, and start receiving payments.
Verifying Your Payoneer Account in Pakistan
Verifying your Payoneer account in Pakistan is an important step. Without it, you can’t fully use your account or receive payments. Payoneer asks for verification to make sure your details are correct and that the account is secure. This step also helps prevent fraud and keeps your money safe.
To verify your account, you need to upload a valid CNIC, passport, or driving license. The document must be clear, not expired, and match the name you used during sign-up. Sometimes, Payoneer may also ask for a utility bill or bank statement to confirm your address. You can upload these documents through the Verification Center in your Payoneer account.
Once you upload the files, Payoneer reviews them. This process usually takes between 2 to 5 working days. You’ll receive an email once the verification is complete. If your documents are not clear or don’t match, they might ask you to upload them again.
Link Payoneer to Local Bank Accounts
Linking your Payoneer account to your local bank in Pakistan is easy. It lets you transfer money from Payoneer directly to your bank account. You must use a bank account that is active and in your own name. Make sure the name on your Payoneer account matches the name on your bank account.
To start, log in to your Payoneer account and go to the “Settings” menu. Click on “Bank Accounts” or “Bank Accounts for Withdrawal.” Choose “Add a New Bank Account.” Enter your bank name, branch code, account number, and other required details. Double-check everything before you save.
After you add your bank account, Payoneer will review the information. This process may take 2 to 3 working days. You may get an email if they need more details. Once approved, your bank account will be ready to receive withdrawals.
Receiving Payments in Pakistan
With Payoneer, receiving payments in Pakistan is simple and fast. You can get paid from freelance websites like Fiverr, Upwork, and Freelancer. You just need to connect your Payoneer account to your profile on these platforms. Once your client releases the payment, it goes straight to your Payoneer account.
You can also receive payments from international companies or clients directly. Payoneer gives you virtual bank accounts in the US, UK, and EU. You can share these bank details with clients who want to pay you. It looks like a local bank account to them, so it’s easy for them to send money.
Once the money is in your Payoneer account, you can withdraw it to your local Pakistani bank. Go to the “Withdraw” option, choose your bank, and enter the amount. The money usually reaches your account in 1 to 3 business days. This makes Payoneer a good choice for freelancers and businesses in Pakistan.
Conclusion
Creating a Payoneer account in Pakistan is easy and helpful for freelancers, online sellers, and service providers. It allows you to receive payments from websites like Fiverr, Upwork, and Amazon. The process is simple, and you only need basic documents and a local bank account.
Once your account is verified, you can withdraw money directly to your bank. Payoneer is a trusted platform and works well in Pakistan. It’s a good option for those who need to get paid from abroad. Just follow the steps carefully and keep your details correct to avoid any delays.
