PayPal Alternative for Pakistani Freelancers

The PayPal payment method is undoubtedly one of the best payment methods for the digital world. But what if you can’t enjoy this facility?

Well, in the case of Pakistan, that is unfortunately true. Regardless of the many efforts of the Pakistani government. In order to bring PayPal home, the payment company has refused to enter the Pakistani market. PayPal Alternative in Pakistan is a long-awaited initiative that is in demand for a growing digital economy. Despite several attempts, the popular international payment gateway PayPal does not offer its services in Pakistan. This prompted the Pakistani government to look for alternative solutions.
Pakistani freelancers are now ranked fourth in the global freelance market. Due to the growing potential of digital businesses, many alternatives have been introduced for self-employed Pakistanis.
With the increasing risks of fraud and threats in digital payment solutions, it is difficult to choose a secure payment system. Hence, freelancers should be careful when choosing a payment method. Security checks should be ensured when making such a decision.
Many of them are reasonable alternatives to PayPal. These payment methods offer various online transaction facilities that are useful for the self-employed. Here we will discuss these alternative payment solutions for Pakistani freelancers.

By using Payoneer:

• Payoneer is really a freelancer’s digital passport. It has commercial agreements with international companies such as Google, Amazon, Upwork,
• Fiverr, People Per Hour, and Getty Images.
• Freelancers receive payments in US dollars that they can convert into Pakistani currency at any VISA ATM. This payment method is safe and linked to the VISA.
• The good news is that Jazz Cash has now signed a contract with Payoneer to facilitate independent Pakistanis. Now freelancers with a Payoneer account can withdraw money from any Jazz Cash point across the country.
• Due to these factors, Payoneer in Pakistan is a symbol of growth for the self-employed.

International money transfer from Pakistan – How to send money abroad from Pakistan

If your relatives live abroad and your child is studying abroad, you must send money to his relatives. There are several reasons for sending money abroad from Pakistan. If you want to send money abroad, you will have to pay a transaction fee. You also have to pay the exchange rates. Hence, you must choose one of the best methods to send money abroad from Pakistan. In this article, I will discuss how to send money abroad from Pakistan.
International bank transfer from Pakistan

By using WESTERN UNION:

Western Union is also the best option to send and receive money abroad from Pakistan. Whether you need to send money to friends on the street or family around the world, Western Union gets your money there quickly and reliably. Western Union has offices in more than 200 countries. Western Union is the safest way to send money abroad from Pakistan. The shipping limit is $ 300 per day.
First, visit your nearest Western Union office.
Tell the Western Union agent to send money abroad.
The agent gets some details from the sender.

1. Full name as per your CNIC.
2. Photocopy of the CNIC
3. Full name and address of the recipient.
4. Reason for sending money.
5. Details of the recipient’s bank account

Give the amount to the broker.
The agent will inform you of Western Union’s terms and conditions.
The agent will provide you with a signed and stamped receipt.
You will receive a secret tracking number for your transaction.
The recipient will visit the nearest Western Union office and receive money.

By using Money Gram:

Money Gram is also the best money transfer service. It is also one of the fastest and trusted sources for sending money abroad. Find the nearest Money Gram office.
Carry the following documents with you.

1. Original CNIC or passport.
2. Name and address of the recipient.
3. Recipient bank details (if you are transferring money to a recipient’s bank account).
4. Mobile number of the recipient with region code (if you are transferring money to a mobile wallet).

Then: Hand over the amount with the fee.
Get a receipt from the money agent.
Share the 8 digit reference number printed on the receipt with the recipient.
The recipient can receive money by providing an 8 digit reference number and an identity card to the money agent.

By using a Bank Transfer:

Bank transfer is also one of the best options for freelancers and forex traders in Pakistan. It is the most widely recognized form of payment for Forex trading accounts mainly due to the integral benefit and security of transactions.
Wire transfers, also known as SWIFT wire transfers, are electronic transactions where payments between bank accounts are made electronically. To get the withdrawal with the service of electronic money transfers in Pakistan you must have at least USD $ 500 and USD $ 25 will be deducted per transaction. Wire transfers are a great solution if you want to include a large number of large projects.

Also read: Linking Payoneer Account with PayPal Account

Local payment solutions in Pakistan

If you are a new competitor and you have local Pakistani customers, there are also some local payment gateways for you, such as SimSim, EasyPay, and SadaPay. These payment solutions are linked to VISA and MasterCard. With these solutions, we can therefore carry out online transactions. These systems are verified by the State Bank of Pakistan, so there is no hassle about the security breach. They also have verification by the Bank of Pakistan, which leaves no room for fraud in digital transactions.
Some locally operated PayPal alternatives include:

JazzCash

JazzCash has made a name for itself and is easily one of the most efficient payment methods. It can be adapted to the needs of your business with a smooth transaction process. You can quickly create an account for your company by filling out a form and identifying yourself.

Easypay by Telenor

As the name suggests, EasyPaisa is one of the most convenient digital payment methods that can be used by any layman or professional. You can take advantage of the service by simply applying online. The money can be transferred effortlessly to any bank account.
You can use it for donations and payment transactions at online stores and businesses.

SimSim

A service from FINCA Microfinance Bank, SimSim, is an ideal solution for young freelancers with a lower income. It is a cardless system with easy payouts.

SadaPay

SadaPay is known for its modern payment solutions without additional bank charges. It is popular with freelancers and SMEs across the country.

Skrill:

Skrill is another payment withdrawal solution in Pakistan for freelancers and forex traders. Skrill in Pakistan, formerly known as MoneyBookers, is a reliable and faster payment system. It allows users around the world to send and receive payments using an online deposit account (also known as an e-wallet). It is quite easy to withdraw money from Skrill to a Pakistani bank.

Pay Attention:
Money Gram and Western Union are the easiest and most reliable ways to send money abroad. Always use the aforementioned platforms to send money abroad.