Here is a complete guide on how to create a Payoneer account in Pakistan in 2023 and how to verify your account. Payoneer now allows you to create an account through JazzCash as well. First of all, you have to get answers of basic questions about Payoneer.
Get a verified Payoneer Account in Pakistan
Payoneer is an international money transfer company that provides instant, secure, and low-cost electronic payments.Payoneer is a global payment network that allows people to receive money in over 200 countries and territories. With the help of Payoneer, you can send money to friends, family, or businesses around the world.
Is Payoneer available in Pakistan?
Yes, Payoneer is available and legal in Pakistan since 2017. Payoneer has partnered with many banks and digital wallets in Pakistan. It is now even possible to use Payoneer Debit Card for withdrawal from ATMs in Pakistan.They have been creating more solutions for international payments than any other company in the industry.
Which banks support Payoneer in Pakistan?
HBL, MCB, Standard Chartered and Faisal Bank support withdrawal from their ATMs with Payoneer debit card.
How to open a Payoneer account in Pakistan?
The process of registering your account on Payoneer is easier than you can imagine. You can enjoy using Payoneer by registering after the steps that are as follows:
- Visit https://www.payoneer.com/accounts/ to sign up on Payoneer.
- Click the “Register” button that is shown in blue color.
- Enter your basic information, e.g., first name, last name, and email address.
- Payoneer will verify your phone number on priority during the sign-up process to check if you are an authentic person.
- On the last page of the sign-up form, you will be asked to select your local Pakistani bank title and IBAN.
- Payoneer only verifies the account whose credentials match the data available in the database of your local bank.
- In order to get your account verified quickly, ensure you provide truthful and accurate information about yourself and your local bank account.
- After completing the sign-up form, Payoneer takes two to three days maximum to verify your account.
- Once you are verified, you can use Payoneer with full-fledged features.
Payoneer Account opening eligibility requirements
1. You have a valid and functional Email ID.
2. You have a bank account with any Bank in Pakistan on your name
3. You have a CNIC card issued from NADRA.
In case you don't have a bank account, you can open your Payoneer account with JazzCash too.
Is it Possible to Verify Your Payoneer Account in Pakistan?
Suppose you are confused with regard to getting a Payoneer account registered and verified in Pakistan. In that case, we are here to answer you.As we told you before, Payoneer is an authorized and legit transfer service for Pakistani nationals. This makes it possible for you to register for a Payoneer account that is officially verified.
How to verify your Payoneer account in Pakistan
For the verification process, you will follow the following steps:
1. You submit your documents and identity proof during the account registration. Payoneer verifies your identity through those documents and your account is opened as verified.
2. In case you could not open a verified account, you submit the following documents to Payoneer for verification of your account:
- Your scanned identity card OR Passport from both the front side and backside.
- Your bank statement issued with your own name and address
You just provide these two documents for verification. Please note that you submit a Bank statement for the bank account opened in your own name.
How much time Payoneer takes for account verification?
Payoneer usually takes from one hour to 3 business days for account verification.
Payoneer verification problems
Payoneer may take too long to verify your account or reject the verification for the following reasons:
- Providing inaccurate and fake contact details
- Not being able to verify your phone number
- Adding a bank account that does not belong to you
- Attaching an account with a different name than yours
- Giving them an account that is dormant or blocked
- Being unable to access your email address for verification
- Using already existing credentials to make another Payoneer account
Benefits of Payoneer in Pakistan
- Unlike PayPal, Payoneer is officially functional in Pakistan.
- Payoneer allows you to connect your Pakistani bank account using IBAN to receive payments directly.
- Its exchange rate, especially for USD, is way better than other services that allow you to convert your earnings into PKR.
- A Payoneer account can be instantly opened without any hassle of complicated documentation.
- It gives you a free account that allows for free money transfers to over 60 countries.
- Instant transfers from one Payoneer account to another.
- Low fees compared to other international money transfer companies.
- A global network of over 400,000 agents in over 200 countries who can convert your money into local currency at the current market rate.
What If Your Account Does Not Get Verified?
In case your account is not verified, you will not be able to access the core features of Payoneer like:- Sending and receiving money
- Attaching Payoneer to your freelancing accounts
- Withdrawing money from your bank account
- Adding payees to your Payoneer account
- Receiving email alerts from Payoneer about your transactions
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