In the recent two years, the whole world faced a horrific pandemic that locked the entire population inside their houses. As a result of this people faced a loss of income. People were finding ways to earn money after losing their jobs. Freelancing was not a much-trusted field in the beginning. The fraud and theft on digital platforms largely scared the people. Can you relate to yourself here too?
Undoubtedly, Pakistan already has a struggling economy. During the pandemic, almost 48% of the Pakistani population shifted to freelancing. The rise in the graph from 4 % in 2018 to 48% in 2022 is a success in itself. Freelancing is the best means to earn a full-time income. If not full-time, it is now a trending source of earning extra cash. Is it nonetheless possible for you to join the community as well? The answer is yes!
Although challenges are a part of life. Despite crying, you shall find solutions to the problems. In addition to this, freelancing allows you to sell your best skills on several platforms. Furthermore, If you are a newbie, you will face a lot of problems in finding authentic freelancer payment methods in Pakistan. There are many ways to withdraw your freelance payments. Here is a compilation of the top 10 methods that will definitely help you solve your payment withdrawal issues in 2022.
The Best Freelancer Payment Methods In Pakistan
PayPal
An american company Paypal allows transfer of online payments.It is considered the fastest payment method. Moreover, PayPal incorporates 25 currencies. The services are available in 200+ markets. There are more than 300 active users on paypal. If you browse the internet for the best payment method for freelancers in Pakistan, you will find alternative Paypal withdrawal methods. Now the question is does it work in Pakistan?
Unfortunately, the company is not agreeing to offer services in pakistan due to some reasons.However the government is trying its best. Although 2019 it was available, they stopped its offerings due to fraud and thefts.
Besides this, Pakistan is on rank four for the most freelancers in the world.Fortunately , pakistani freelancers bring more than $1 billion in the economy. Despite PayPal being banned in Pakistan, people are using PayPal alternatives in Pakistan. If you are an e-commerce seller, you can increase your sales by up to 50%.
Firstly To make a PayPal account, you need to have a trustworthy person in some country where PayPal works. Secondly, you must sign up on their website for a business or personal PayPal account. Thirdly you need a valid country address for this purpose.
Finally, following these steps, you must confirm your account from your email address. In addition, PayPal also has pro and business options for its users.However they cut a specific amount in every transaction as well.
Payoneer
Payoneer is famous as a passport for pakistani freelancers. It is considered the best payment method for freelancers in Pakistan because of its partnerships. Moreover they have strong ties with international platforms like google, Upwork, Fiverr, amazon, people per hour, and many more.
Freelancers who work internationally receive payments in dollars to convert into Pakistani rupees. It is obvious that you can convert using Visa ATM.This strategy makes Payoneer a secure, trusted, and popular payment method. Moreover, according to an estimate, Payoneer users in Pakistan have crossed 50,000.
With this in mind, both payoner and jazz cash have affiliated themselves. This contract facilitates Pakistani freelancers. Additionally the contract has enabled freelancers to recive their payments from any franchise.Moreover you can also register for the mobile app for more ease.
Moreover, the jazz cash mobile account has made your life easier and saves your travel expenses.Therefore Payoneer also plates a positive role in your freelance career.The best part is that you can earn more money at home.
Skrill
Skrill is another money transfer method if you are working as a freelancer in Pakistan. It was previously known as Moneybookers. The best thing about this payment method is that it has no connection with your local banks. Moreover, It has no physical locations with minimal cost.
Additionally, it offers you to receive money from anywhere in the world through bank transfers, email addresses, and phone numbers. If you are a newbie, Skrill is one of the best freelancer payment methods in Pakistan. It allows you to receive your payments without any loss. Furthermore, it provides the facility of the mobile app, skrill cards, online wallet, and loyalty rewards.
Fiverr MasterCard
This is a common freelance payment method.For a beginner fiverr is the best platform.Moreover you can build a strong career with a portfolio selling your skills.
Withdrawing money from Fiverr provides the easiest way for money withdrawal. You can use different payment methods for freelancers in Pakistan on Fiverr.It includes the revenue cards and Payoneer MasterCard. Payoneer and MasterCard support these revenue cards.
Additionally, you can withdraw money from anywhere in the world. You can withdraw cash through your bank account as well. The $5is very popular for this platform However, it charges a certain Fiverr bank transfer fee in Pakistan on each withdrawal. For example, you can withdraw the money if you have $10 in your Fiverr account. Moreover you ave to get $1 deducted on every withdrawal.
WireTransfer
As a freelancer, you want the safest withdrawals. Through Wire transfer you can transfer money from one bank to the other electronically. Moreover you only need a Swift code to transfer your money.
Additionally you can use wire transfer as the ultimate option for money transfer as your freelancer payment methods in Pakistan. However, it takes more time for international transfers. Additionally, they can be expensive for you as well. Moreover you can use this method instead of using cheques. Contrastively you cannot cancel any transactions.
SadaPay
Whenever we have to choose between the withdrawal systems, we always want one with a minor charge fee. A new addition to the best payment method for freelancers in Pakistan is sadapay. It has been specially designed for Pakistan. You can register on it in 2 minutes.
Therefore, you can now sign up for a free MasterCard and debit card and withdraw your freelance payments through sadapay. They charge a minimum deposit fee. In addition, they offer free money withdrawal three times a month from any ATM in Pakistan. Moreover, It has biometric security as well.
Bank Transfer
Nevertheless, newbies need to trust payment service methods for freelancing. They have a fear of losing their hard-earned money. Are you here because of this too? If you have started your freelance journey locally, a traditional bank transfer is the safest way.
Moreover, you can choose bank transfer if you want to send, receive, or withdraw payments within Pakistan. It is among the most commonly used payment methods for freelancers in Pakistan. However, you need to complete the documentation for physical locations. Similarly, you can now transfer payments through online banking.
NayaPay
If you are searching for an easy and trusted funds transfer system, try nayapay for that. It is indeed the best payment method for freelancers in Pakistan for everyday transfers. You only need a visa debit card to transfer payments instantly.
This payment method is free. In addition, you can download the mobile application, sign up for the wallet using the CNIC and verify your identity through biometrics. Once you complete the steps, you are good to go. Your e-payment account is two minutes away!
Wise
To transfer money internationally, Wise is another low-priced payment method. It now serves around 13 million customers, unlike the Fiverr bank transfer fee Pakistan, wise charges the least possible amount. They have no hidden cost.
Moreover, they allow transfers in 53 different currencies. You need to register through the app using your email address, verify your identity and continue with your withdrawals of online payment in Pakistan. An additional feature of this payment method is that it also allows currency exchange.
JazzCash And Easy Pay
A widely trusted platform for payment transfers and withdrawals in Pakistan is JazzCash. It is considered one of the safest and quickest freelancer payment methods in Pakistan because it offers several features. For example, you can transfer through mobile accounts, debit cards, internet banking, etc. In addition, it has partnered up with reputed companies, dramatically increasing its customer loyalty.
On the other hand, easy pay, sponsored by Telenor, is a web application that allows funds transfer for e-commerce sellers. It is a safe digital payment system in Pakistan that provides complete payment solutions within Pakistan. You can use your Easypaisa account, visa/MasterCard, and physical shops for withdrawals. So both of these methods are most commonly used in Pakistan.
Pros And Cons
Everything has pros and cons. So does freelance payment methods. Remember, there is nothing flawless in any digital payment system in Pakistan. However, you should know a few advantages and disadvantages when choosing between these withdrawal payment methods.
Pros
- The freelancers trust these platforms as they have been tried and tested.
- You can make transactions within a few minutes.
- You can receive payments in any currency.
- These platforms have confidentiality and high security.
Cons
- Some payment methods have an additional fee.
- A few payment methods can take many days for the verification process.
- It would be best if you had a quick-functioning smartphone for this purpose.
- Some payment methods face unknown account freezing as well.
Final Remarks
After going through the entire list, you might be clear about the suitable payment methods. The selection of the best freelancer payment methods in Pakistan depends upon your requirements. These methods will assist you in reaching the decisions quickly. The most beneficial way is to go for the least Charging payment sites.
In my opinion, I would recommend wise for international transfers while Payoneer is a safe option for receiving freelance payments. There is no charge fee if both the sender and receiver have a Payoneer account. On the other hand, you can use JazzCash and EasyPay for quick and small transactions.
Are you ready to receive your hard-earned cash now? Comment down your suggestions and experiences below.
Read More:
The Best Payment Gateways For Freelancers in Pakistan
Frequently Asked Questions (FAQs)
Freelancers are using many authentic platforms, especially to receive their hard-earned money. Still, if you are working locally, jazz cash and easy paisa are the most commonly used methods for money transfer.
The most commonly used trusted banks in Pakistan, specifically for online transactions, are UBL, MCB, Standard Chartered, and Allied bank.
Worldpay does not take responsibility for Pakistan’s online transactions. Instead, you have to find alternative methods for withdrawing your payments, such as paying fast
UBL has the most advantages available for freelancers. It has designed a quick interface app and offers fast cash withdrawals with MasterCard acceptance.
You can use local bank transfers for quick cash withdrawals. Otherwise you can use the Payoneer method. Furthermore you can use transfer to jazz cash methods for quick withdrawals.
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