Last Updated: January 14, 2026
Payoneer Virtual Card in Pakistan: A Comprehensive Guide for 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 Freelancer in Pakistan, navigating international payments can often feel overwhelming. With PayPal not being an option for us, many find it challenging to receive payments from clients abroad. However, there’s a reliable solution that has gained immense popularity among Pakistani freelancers: the Payoneer Virtual Card. In this guide, we will explore how to effectively use this card, its benefits, and practical steps you can take to enhance your freelancing experience.
Understanding the Payoneer Virtual Card
The Payoneer Virtual Card is essentially a prepaid Mastercard that allows you to make online purchases, pay for services, and withdraw funds from ATMs globally. It is particularly beneficial for freelancers who work with international clients, as it facilitates seamless transactions without the hassles associated with other payment methods.
Key Benefits of Using Payoneer
- International Acceptance: The card can be used anywhere Mastercard is accepted, making it versatile for online transactions.
- Easy Fund Transfer: You can receive payments from clients directly into your Payoneer account and use your virtual card to access these funds.
- Lower Fees: Compared to traditional banking methods, Payoneer offers competitive currency conversion rates and transaction fees.
- Multi-Currency Accounts: Manage payments in multiple currencies, making it easier to work with diverse clients.
How to Sign Up for Payoneer in Pakistan
Getting started with Payoneer is straightforward. Here’s a step-by-step guide:
Step 1: Create Your Account
- Visit the Payoneer website.
- Click on “Sign Up” and choose “Freelancer” as your account type.
- Fill in your personal details, including your name, email address, and a secure password.
- Provide your address and phone number (ensure to enter the correct Pakistani format).
- Verify your account via email.
Step 2: Provide Identification
To comply with regulations, you will need to upload identification documents. Acceptable forms of ID include:
- CNIC (Computerized National Identity Card)
- Passport
- Utility bill for address verification
Step 3: Link Your Bank Account
Once your account is set up, link it to a local bank account. Popular banks in Pakistan include:
- HBL
- MCB
- UBL
- Meezan Bank
- Allied Bank
This will allow you to withdraw funds from your Payoneer account easily. Ensure the bank account is in your name to avoid any issues.
Step 4: Apply for the Virtual Card
After your account is fully verified, you can apply for the Payoneer Virtual Card directly from your account dashboard. Look for the “Card” section and follow the prompts to request your virtual card.
Using Your Payoneer Virtual Card
Once you have your virtual card, you can start using it for various transactions:
Online Purchases
Use your virtual card to pay for subscriptions, software, and other online services that accept Mastercard.
ATM Withdrawals
Although the virtual card is primarily for online usage, you can convert funds to your physical card (if you opt for one) and withdraw cash from ATMs worldwide. Keep in mind that local ATM fees may apply.
Linking Payoneer with Mobile Wallets
In Pakistan, mobile wallets like JazzCash and Easypaisa are gaining popularity. You can link these wallets to your Payoneer account to facilitate easier transactions. For example, you can transfer funds from Payoneer to your JazzCash account, making it more accessible for local transactions.
Tax Implications for Freelancers
As a freelancer in Pakistan, it’s important to be aware of your tax obligations. Registering with the FBR (Federal Board of Revenue) is advisable, as freelancers in Pakistan often enjoy favorable tax treatment. Ensure to maintain records of your earnings from Payoneer, as this will simplify your tax filing process.
Final Thoughts and Key Takeaways
The Payoneer Virtual Card is an essential tool for Pakistani freelancers looking to streamline their payment processes. By following the steps outlined in this guide, you can open your Payoneer account, apply for the virtual card, and start receiving international payments efficiently.
Remember, PayPal is not an option for us in Pakistan, but with Payoneer, you can enjoy a seamless payment experience. Plus, by signing up for Payoneer today, you can receive a $25 bonus when you receive your first $1000!
Call to Action
Sign up for Payoneer and start receiving international payments today!
With the right tools and knowledge, you can thrive in the freelancing world. Best of luck in your freelancing journey!
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.