Tuesday, November 5, 2024

International Payment Gateway Payoneer headways in Pakistan

The most challenging thing for the freelancers in Pakistan to receive the payment from globally. Because the lack of international payment gateways in the Pakistan and some Limited transaction to the accounts.

The normal option for the payment withdrawal in Pakistan is Express gateways and work transfer to the the bank accounts International payment gateway Payoneer is also available in Pakistan which has the linkage with ATM and bank accounts of Muslim commercial bank Standard Chartered Bank and Faisal Bank.

Payoneer has decided to increase the services Ab To the mobile wallets like jazzcash. Famous telecom company Jazz has signed an agreement with payoneer to link their wallet account and send and receive the money up to 1.5 million rupees the users linking their account can get their money e into direct to the mobile wallets.

As per Jaz official the payments can receive instantly to their mobile wallets and can be used for any purposes like paying the electricity bill gas bill sending money to other person or any online news in Pakistan. Receive amount can also be withdrawal from any ATM machine in the Pakistan.

As per Jazz cash account rules the minimum amount is 15 Dollar for the prepaid user and $25 for the postpaid users. Said amount can be calculated with exchange rate of dollar with Pakistani rupee.

The payoneer is offering first two transaction free and the third transition will be charged with minimum charges 2% of the transactions amount however jazzcash will not charge any e charges on the withdrawal of money which is received by payoneer.

As per Income Tax Ordinance of Pakistan if someone processes the Proceeds realization certificate PRC the received amount will be exempted from the tax. The PRC certificate can be obtained by providing some some information about yourself and the transactions certificate can be get easily.

Many freelancers stated it's a good move for the freelancer to receive their payments easily in their mobile accounts

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