Last Updated on January 25, 2022
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Hey Fiverr Sellers! Looks like you have successfully got sales on Fiverr and now you want to know how to withdraw your hard-earned money from Fiverr. Right? Well, you have found the right resource to answer your question.
In this 17th article of the FREE Fiverr Series, we are going to discuss how to withdraw money from Fiverr to Payoneer while living in Pakistan. We’ll also see the rest of the options that Fiverr provides to withdraw your money.
So, let’s begin!
How to Withdraw Money from Fiverr
Fiverr provides 3 payment options to withdraw your money:
- PayPal (Not Available in Pakistan)
- Bank Transfer
- Fiverr Revenue Card
The rest of the two withdrawal methods, Bank Transfer and Fiverr Revenue Card, are linked to Payoneer.
Payoneer is an American financial services company that helps you to easily transfer money online and make digital payments.
Watch More Videos Here: ASH KNOWS
Methods to Withdraw Money from Fiverr to Payoneer
Method 1: Withdraw Money from Fiverr to Payoneer via Bank Transfer
Here are the steps that you need to follow to withdraw your earnings via the Bank Transfer option on Fiverr:
Step 1: Ensure that You Have Money Available for Withdrawal
Before you start following the withdrawal process on Fiverr, make sure that you have enough balance in your “Available for Withdrawal” section.
Important Point to Note:
The minimum amount you can withdraw from Fiverr using Bank Transfer is $20. However, it is best to withdraw money when you have at least $50 available. This is because the minimum amount you can withdraw from Payoneer is $50.
Here’s how to check the available balance in your Fiverr account:
- Sign in to your Fiverr account.
2. Go to the Earnings section.
3. Check the “Available for Withdrawal” section. If you have $20 or more available, you can withdraw your money.
Step 2: Create a Payoneer Account
Fiverr identifies Payoneer as a bank account. So, when you are using “Bank Transfer” method on Fiverr to withdraw money that means you are withdrawing to Payoneer.
For this purpose, you have to create a Payoneer account. Here’s how to do it:
Payoneer asks for a bank account while signing up. However, when you sign up on Payoneer through Fiverr, you do not need to have a bank account.
Read this article to know more about this topic:
If you already have a Payoneer account, you don’t need to create a new one. You can link this account with Fiverr. Read this article to know how to do it:
Step 3: Withdraw Money from Fiverr to Payoneer Account
Once you have successfully linked your Fiverr account to your Payoneer account, the next step is to withdraw money.
Here are the steps to withdraw money from Fiverr to Payoneer account:
- Go to the Earnings section on the Fiverr dashboard.
2. Click the Bank Transfer button.
3. Since your account is already linked to Payoneer, you’ll see a popup requesting you to review your withdrawal details.
4. Once you click the Confirm & Withdraw button, you will see a message: “The Money is on its way”.
5. Within 7 business days, your requested Fiverr amount will be successfully transferred to the Payoneer account.
If you want to learn the process of withdrawing money from Payoneer to your local bank account, read this article:
Method 2: Withdraw Money from Fiverr to Payoneer via Fiverr Revenue Card
Follow the below-mentioned steps to withdraw your Fiverr earnings via Fiverr Revenue Card:
Step 1: Check Your Balance on Fiverr
This is the same process we discussed earlier in Method 1. Before proceeding towards withdrawal, check your “Available for Withdrawal” section and ensure that you have enough money to withdraw.
Important Point to Note:
While you are using Fiverr Revenue Card, the minimum amount you can withdraw is $30.
Step 2: Get a Fiverr Revenue Card
Fiverr has recently introduced a Fiverr Revenue Card to facilitate sellers with an easy withdrawal process. Fiverr Revenue Card is supported by Payoneer and powered by Mastercard. You can use this card exactly like any other debit card.
So, if you are using Fiverr Revenue Card option to withdraw money from Fiverr, you’ll have to get this card.
Read here how you can do it:
Here are the steps you need to follow to withdraw money from Fiverr using Fiverr Revenue Card:
- Go to the Earnings section.
2. Click the Fiverr Revenue Card button.
3. Within 48 hours, your Fiverr funds will be transferred to the Fiverr Revenue Card.
You can use this Revenue Card at any ATM to withdraw money.
Which Method is Best to Withdraw Money from Fiverr?
Now that we have discussed both the methods to withdraw money from Fiverr, you might be thinking of which one to choose for your payment.
See, both the withdrawal methods on Fiverr are secure and reliable. It’s just your choice to go for the one that meets your needs the best.
With Fiverr Revenue Card, you cannot send or receive funds from other Payoneer cardholders. However, with a Payoneer card, you can send and receive funds from other Payoneer cardholders.
I personally use the Bank Transfer method on Fiverr. Once the funds reach my Payoneer account, I withdraw them to my local bank.
Knowers, I have tried my best to simplify the entire process of withdrawing money on Fiverr for you all. I hope this guide will help you to follow the entire procedure smoothly.
If you still have any questions in mind, post them in the comments. I’ll answer them all. 🙂