Last Updated: January 14, 2026
TL;DR (Quick Summary)
This guide covers everything you need to know about payoneer freelancer withdrawal. Includes practical steps and tips for Pakistani freelancers.
Mastering Payoneer Withdrawals: A Guide for Pakistani Freelancers
Quick Platform Comparison for Pakistan
| Platform | Best For | Commission | Payment Methods | Min. Payout |
|---|---|---|---|---|
| Fiverr | Beginners | 20% | Payoneer, Bank | $10 |
| Upwork | Professionals | 10-20% | Payoneer, Wire | $100 |
| Freelancer | Variety | 10% | Payoneer | $30 |
| PeoplePerHour | UK Clients | 20% | Payoneer | $50 |
As a Pakistani Freelancer, navigating the world of international payments can be a daunting task, especially with services like PayPal not being available in our country. Many freelancers struggle with how to get paid for their work without incurring high fees or facing long delays. Fortunately, Payoneer is a reliable alternative that allows you to withdraw your hard-earned money seamlessly. This guide will walk you through the process of using Payoneer for withdrawals, specifically tailored for the Pakistani freelancing ecosystem.
Why Choose Payoneer?
Payoneer stands out as one of the best payment solutions for Pakistani freelancers for several reasons:
- Global Reach: Payoneer allows you to receive payments from clients worldwide, including popular platforms like Upwork, Fiverr, and Amazon.
- Local Currency Withdrawals: You can withdraw your funds in PKR directly to your local bank account.
- Mobile Wallet Integration: You can link your Payoneer account with mobile wallets like JazzCash and Easypaisa for added flexibility.
- Lower Fees: Compared to other services, Payoneer typically offers more competitive fees for both receiving and withdrawing funds.
Steps to Withdraw Funds from Payoneer in Pakistan
Step 1: Sign Up for Payoneer
If you haven’t already, the first step is to sign up for Payoneer. Make sure to provide accurate information, especially regarding your bank details and identification. As a bonus, when you receive your first $1000, you can earn a $25 bonus!
Step 2: Link Your Bank Account
Once your Payoneer account is active, you’ll need to link your local bank account. Here’s how:
- Log in to your Payoneer account.
- Go to the “Settings” section.
- Select “Bank Accounts” and click on “Add Bank Account.”
- Fill in the required details including your bank’s name (e.g., HBL, MCB, UBL, Meezan Bank, or Allied Bank), account number, and IBAN.
Ensure that the name on your Payoneer account matches your bank account name to avoid any issues during withdrawals.
Step 3: Withdraw Funds
Now, it’s time to withdraw your funds. Here’s how to do it:
- Log into your Payoneer account.
- Click on “Withdraw” and select “To Bank Account.”
- Choose the linked bank account to which you want to withdraw your funds.
- Enter the amount you wish to withdraw and review the transaction details.
- Confirm the withdrawal.
Funds typically take 3-5 business days to reflect in your bank account, depending on your bank’s processing times.
Step 4: Check Your Local Currency Rate
Payoneer will convert your funds into PKR at an exchange rate typically around $1 = 280 PKR. It’s Wise to check the current exchange rates before withdrawing to ensure you are getting a fair deal. Keep in mind, Payoneer may charge a small currency conversion fee.
Step 5: Use Mobile Wallets for Quick Access
If you prefer instant access to your funds, consider linking your Payoneer account to mobile wallets like JazzCash or Easypaisa. This allows you to transfer your funds from Payoneer to these wallets quickly:
- Log in to your Payoneer account.
- Go to “Settings” and select “Payment Methods.”
- Choose your mobile wallet option and follow the prompts to link your account.
- Once linked, you can easily transfer funds from Payoneer to your mobile wallet.
Important Considerations
While Payoneer is a great option, there are a few pros and cons to consider:
Pros:
- Reliable and widely accepted by international clients.
- Competitive withdrawal fees.
- Ability to withdraw in local currency.
- Access to multiple payment options (bank transfer, mobile wallets).
Cons:
- Initial verification process can take time.
- Currency conversion fees may apply.
- Withdrawal times can vary based on bank processing.
Tax Implications for Pakistani Freelancers
As a freelancer in Pakistan, it’s crucial to stay compliant with FBR regulations. Registering with FBR can provide favorable tax treatment for freelancers, allowing you to deduct certain business expenses. Make sure to keep detailed records of your earnings and expenses to simplify the tax filing process.
Conclusion: Key Takeaways
Using Payoneer for withdrawals is an efficient way for Pakistani freelancers to receive international payments. By following the steps outlined in this guide, you can ensure a smooth withdrawal process that minimizes fees and maximizes convenience. Remember, while PayPal may not be an option in Pakistan, Payoneer offers a robust alternative that can help you manage your freelance income effectively.
Ready to take control of your international payments? Sign up for Payoneer today and start receiving payments with ease. Plus, don’t forget the $25 bonus when you receive your first $1000!
Frequently Asked Questions
Does Payoneer work in Pakistan?
Yes, Payoneer works perfectly in Pakistan. You can receive payments from Fiverr, Upwork, and other platforms to Payoneer and transfer to your Pakistani bank.
How do I transfer from Payoneer to Pakistani bank?
Log into Payoneer, select Withdraw > To Bank Account, choose your Pakistani bank, enter amount. Funds arrive in 2-5 business days.
What are Payoneer fees?
Payoneer charges about 2% for withdrawal to Pakistani banks. ATM withdrawal costs $3.15. Currency conversion has a 2% fee.