Back to Wallets 
Payoneer
Cross-border payments for freelancers and businesses
About Payoneer
Payoneer enables freelancers and businesses in Pakistan to receive international payments and withdraw in PKR.
User Base:5M+ users
Founded:2005
Headquarters:New York, USA
Rating Score:
84
Important Notes
- KYC mandatory for higher limits
- No domestic transfers in Pakistan
- Prepaid card availability restricted
- Foreign exchange fees apply
- Withdrawal time varies by bank
Key Features
What makes Payoneer unique
Global receiving accounts in multiple currencies
Withdraw funds to local bank accounts
Marketplace payouts from Upwork and Fiverr
Pay suppliers and contractors via network
Prepaid Mastercard usage (limited availability PK)
Currency conversion with applied FX fees
KYC compliance and account verification required
International Services
Supports international transactions
Receive Money
Global Payment Service (virtual accounts)
Marketplace integrations (Upwork, Fiverr, Amazon)
Network payments via partner ecosystems
Infrastructure: hybrid
Upwork
Fiverr
Amazon
Airbnb
SWIFT correspondent banks
Virtual receiving accounts in USD, EUR, GBP
Funds pooled with partner banking institutions
Marketplace payouts via API integrations
No personal named IBAN accounts
Funds consolidated then withdrawn locally
Send Money
Pay to other Payoneer accounts
Payments to global suppliers
Local bank transfers from balance
Infrastructure: hybrid
Correspondent banks
Third-party payment processors
No outward SWIFT from user account
Limited to Payoneer-to-Payoneer payments
Business-only supplier payments allowed
No domestic IBFT in Pakistan
Supported Currencies
AUD
CAD
JPY
CNY
Transfer Methods
Local bank transfer in PKR
Payoneer prepaid card (limited PK)
Send to Payoneer accounts
Transfer Limits
Subject to KYC, corridor restrictions
Discussions
Share your experience and ask questions about Payoneer
Discussions Coming Soon
I'm working on adding discussion features. Soon you'll be able to:
- • Share your experience with Payoneer
- • Ask questions about features and services
- • Get help from other users
- • Read reviews and ratings