Payoneer is the most widely used payment service among Pakistani freelancers. Here is how to set up your account correctly.
Step 1: Sign Up
Visit Payoneer.com and click Sign Up. Choose "Freelancer" as your account type. Fill in your legal name exactly as it appears on your CNIC or passport.
Step 2: Add Your Bank Account
Add a Pakistani bank account for withdrawals. Use an account that supports international transfers. Major banks like HBL, UBL, MCB, and Meezan work well with Payoneer.
Step 3: Verify Your Identity
Submit a clear photo of your CNIC (front and back) or passport. Verification typically takes 1-3 business days.
Step 4: Get Your Receiving Accounts
Once approved, activate your USD receiving account under Global Payment Service. This gives you a US bank account number that platforms like Fiverr and Upwork use to send your payments.
Withdrawal to Pakistan
Once you have funds in your Payoneer balance, withdraw to your local bank. It takes 2-5 business days and costs approximately 2% in currency conversion. Use our Payoneer Fee Estimator to check exact costs.
Common Issues
- Verification rejected: Ensure your name matches exactly and photos are clear
- Bank transfer delayed: Some banks take longer for first-time international transfers
- Account limitations: Payoneer may request additional documents for large transactions