Last Updated on January 13, 2022
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If you are a freelancer working on Fiverr in Pakistan, you need a Payoneer account to withdraw your money. This is because Fiverr recognizes Payoneer as a bank account.
Ways to Withdraw Money from Fiverr in 2022
Fiverr basically provides 3 ways to withdraw money:
- PayPal (Not Available in Pakistan)
- Bank Transfer
- Fiverr Revenue Card
Both, Bank Transfer and Fiverr Revenue Card, options are linked to Payoneer. So, it becomes mandatory for Pakistani sellers to sign up for a Payoneer account to withdraw money from Fiverr.
In this article, we’ll learn how to create a Payoneer account in Pakistan for free. Let’s start!
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2 Methods to Sign Up for Payoneer in Pakistan
In order to create an account on Payoneer, you need to have a local bank account. However, when you sign up through another website/marketplace that provides a Payoneer payment transfer option, you no longer need to have a local bank account.
Today, we’ll be discussing the method where you need a local bank account to sign up for a Payoneer account.
If you want to learn about Payoneer Sign Up without a local bank account, read this article:
How to Sign Up for Free Payoneer Account in Pakistan 2022
Follow the below-mentioned steps to create a Payoneer account in Pakistan for free:
Step 1: Click the “Get Started” button
Open the Payoneer website and click the “Get Started” button.
An amazing thing about Payoneer is that you get a $25 bonus on sign up. When you’ll sign up on Payoneer through this link, you and I both will get rewards.
Here’s how it works:
Step 2: Select the Option That Describes You the Best
As you are a freelancer wanting to create an account on Payoneer, you’ll select the first option – Freelancer, Serivce Provider or SMB
Step 3: Click on “Get Paid by International Clients or Freelance Marketplace” button
Step 4: Select Your Monthly Volume
In this case, I have selected “Less than $10,000” option.
Step 5: Click the Register Button
Once you select your monthly volume, Payoneer will automatically suggest the right account for your needs. Here, Payoneer has selected “Freelancer, Agency or Serivce Provider” account based on my needs.
If you are satisfied with this option, click the Register button.
Step 6: Select Your Business Type
If you are a freelancer working alone or on a small scale, select the “Individual” option.
If you are a company or an agency working on freelance marketplaces, click the “Company” option. Please note that you’ll need a GST or income tax return for this type of account.
Here I have selected the “Individual” option.
Step 7: Enter Your Details
Fill in all the following details as per your government-issued CNIC.
- First Name
- Last Name
- Email Address
- Date of Birth
Note: You must be 18 years of age to sign up on Payoneer.
Once you have entered all the details, click “Next”.
Step 8: Enter Contact Details
Now, we have moved to the next section i.e. “Contact Details”.
Enter all your details including:
- Your Country
- Postal Code
Step 9: Add Your Mobile Number and Verify It
Enter your current Mobile Number.
Remember, this number will be used for various different purposes on Payoneer. This includes updating your details, verifying your identity, and resetting your forgotten password.
So, add your number carefully.
Once you enter the mobile number, you’ll receive a verification code on your phone.
Enter the verification code and click “Next”.
Step 10: Add Security Details
In this section, add your security details like:
- Strong Password
- Security Question
Here you’ll also be asked for your:
- Government-issued ID Card OR
- Passport OR
- Driving License
Once you have entered all the details, click “Next”.
Step 11: Complete the Almost Done Section
In this section, you’ll add your local bank account details which will include:
- Bank Account Type
- Bank Country
- Bank Name
- Branch Name
- Account Name
- Account Number
Add all the required information. Accept all the terms & conditions and click the “Submit” button.
Step 12: Wait for the Review
So Knowers, you have successfully created your Payoneer account.
Now, it’s time to wait for the Payoneer team to review your profile. It usually takes 3 business days to get an email confirmation of the review from Payoneer.
Step 13: Submit Documents to Verify Your Payoneer Account
In order to successfully complete the review process, you’ll have to provide some documents to Payoneer.
In order to do so, follow these steps:
- Sign in to your Payoneer account using your email and password.
- Go to Settings -> Verification Center
- Here you’ll see a message to submit the required documents.
- Take high-resolution photos of all the required documents and upload them.
- Click the “Submit” button.
Once you have submitted all the documents, you’ll receive an email within a few days stating that “Your Payoneer Account is Successfully Approved.”
Folks, this was all about the Payoneer account sign up in Pakistan.
Now, there are a few more things that you can do on Payoneer.
Once your Payoneer account is approved, you can order your Payoneer Mastercard to withdraw money from Payoneer. Another way to withdraw money from Payoneer is to transfer it to your local bank account.
Read the following articles to know more about these topics:
- Guide to Order and Activate Payoneer Card in Pakistan
- How to Withdraw Money to Payoneer to Local Bank Account in Pakistan