What are the details of using Payoneer in Pakistan?

Payoneer is a popular financial services company that provides online money transfer and digital payment services. In Pakistan, Payoneer is widely used due to its convenience and reliability. It allows users to receive payments from foreign companies directly into their Payoneer account, which can then be transferred to a local bank account in Pakistan. The process of setting up a Payoneer account in Pakistan is straightforward. You need to sign up on the Payoneer website, provide the necessary personal and bank account details, and wait for approval. Once approved, you can start receiving payments. The fees for transferring money from Payoneer to a local bank account in Pakistan vary depending on the amount and currency, but it’s generally competitive compared to other payment systems. Payoneer also offers a Prepaid MasterCard that can be used for online purchases or at ATMs worldwide.