What are the details of using Payoneer in Pakistan?

Payoneer is a popular financial services company that provides online money transfer, digital payment services, and provides customers with working capital. In Pakistan, Payoneer is a widely used platform for freelancers, online sellers, and businesses to receive international payments. The process to use Payoneer in Pakistan is straightforward. You need to sign up for a Payoneer account, and once it’s approved, you can receive payments from companies worldwide. You can then withdraw your funds to your local bank account in PKR at competitive exchange rates. Payoneer also offers a Prepaid MasterCard that you can use to make purchases online, in stores, and at ATMs worldwide. The fees associated with Payoneer in Pakistan can vary, but typically, receiving payments from another Payoneer customer is free, while receiving payments from companies or marketplaces can range from free to 1% fee. It’s advisable to check the exact fees on the Payoneer website.