How to withdraw Money from Fiverr to Your Payoneer Account
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Understanding Fiverr and Payoneer
Fiverr is an international online marketplace that charges $5 per job completed for tasks and services, also known as “gigs.” It was founded in 2010 to provide a platform for independent contractors to market their abilities and services to a diverse clientele and generate revenue. Payoneer is an online payment service that lets users send and receive money from different countries. It is a popular choice among freelancers due to its low fees, ease of use, and wide acceptance. Step-by-Step Guide to Withdrawing Money from Fiverr to Payoneer Step 1: Setting Up Your Payoneer Account Before you can withdraw funds from Fiverr, you need to have a Payoneer account. If you don’t have one, follow these steps to create an account:- Visit the Payoneer Website: Go to the Payoneer website (www.payoneer.com) and click the “Sign Up” button.
- Complete the Registration Form: Fill out the form with your details, including your name, address, email, and password.
- Provide Identification: To verify your account, you must provide a form of identification, such as a passport or national ID card.
- Await Approval: Following the submission of your information, Payoneer will examine your application. It may take a few working days to complete this process.
- Log in to Your Fiverr Account: Use your credentials to log in to your Fiverr account.
- Go to Earnings: Navigate to the “Earnings” section by clicking on your profile picture in the top right corner and selecting “Earnings” from the dropdown menu.
- Click on Withdraw. In the Earnings section, click on the “Withdraw” button.
- Select Payoneer. You will see different withdrawal options. Select “Payoneer” as your withdrawal method.
- Connect Your Payoneer Account: You will be redirected to Payoneer’s website, where you must log in to authorize the connection with Fiverr.
- Check Your Fiverr Balance: Ensure you have a sufficient balance in your account. The minimum withdrawal amount is usually $30.
- Initiate Withdrawal: Go to Fiverr’s “Earnings” section and click the “Withdraw” button.
- Select Payoneer: Choose Payoneer as your withdrawal method.
- Confirm Withdrawal: Review the amount you wish to withdraw and confirm the transaction. Fiverr will handle the money processing, and it should show up in your Payoneer account within a few business days.
- Payoneer Prepaid Master Card: This card allows you to pay your bills, make purchases online and in physical stores, and withdraw cash from ATMs.
- Bank Transfer: You can transfer your Payoneer funds to your local bank account. Depending on your bank, this process can take a few days.
- Online Payments: Use your Payoneer balance to pay for services or goods online.
- Send to Another Payoneer User: If you need to pay someone who also uses Payoneer, you can transfer funds directly to their account.
- Keep Your Information Updated: To avoid withdrawal issues, ensure your personal and banking information on Fiverr and Payoneer is up-to-date.
- Verify Your Accounts: Fiverr and Payoneer may require additional verification steps, such as providing identification documents. Complete these steps promptly to avoid delays.
- Be Aware of Fees: Both Fiverr and Payoneer charge fees for withdrawals. Review these fees beforehand so you know what to expect.
- Plan for Withdrawal Times: Withdrawals can take a few days to process. If you need funds by a specific date, initiate the withdrawal in advance.
- Withdrawal Delays: If your withdrawal is taking longer than expected, check your email for any notifications from Fiverr or Payoneer regarding verification or any additional information required.
- Incorrect Information: Double-check that all your personal and banking information is correct on both platforms. Inaccurate information is needed to avoid delays or failed transactions.
- Fees: Be aware of the costs associated with withdrawals. If you notice unexpected fees, review the fee structures on Fiverr and Payoneer to ensure you understand the charges.
- Account Limitations: Payoneer may impose limits on your account, such as withdrawal or transaction limits. Ensure you understand these limitations and how they might affect your withdrawals.