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How to withdraw money from Fiverr, PeoplePerHour and UpWork using Payoneer

Payoneer is recommended method for withdrawals from freelancing websites. There are advantages and disadvantages of using other methods but I recommend this for beginners based on my experience. You can see other methods here.

 Payoneer is an quick and easy way to get money from freelancing websites and companies from abroad. First if all you need to create and account here and keep login details at a safe place. They might ask you t provide scanned copy of ID card or passport. Payoneer allows you to order a MasterCard debit card. Your account is useless without that so go ahead and order a card. Make sure you use an address that can easily accept post as Card will be delivered using normal post. Card will be delivered in 10-15 days. One you  receive card activate it. When you go to withdraw options on your freelance website, select Payoneer. Select you already have Payoneer account and login.   Load money in Payoneer account. It takes 1-3 days. Immediate withdrawal costs money so select 3 days. Once money is in your Payoneer account you can either withdraw using Payoneer ATM card  withdrawal to bank account. To add bank account to Payoneer, you need BIC/Swift Code and International Bank Account Number(called IBAN).  You can easily get these details from your bank. Call phone banking or manager of your branch to get these details. Bank transfers can take 1-5 working days. If your account is in rupees , conversion rate is decided by Payoneer so it does not matter where you have bank account. This method is cheaper than ATM withdrawal. 

Another bonus is that you can use Payoneer card to make purchases at Shopping malls, Petrol pumps and online websites.
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