Introduction.
If you’re a freelancer, you know that getting paid for your work is one of the most important aspects of being your boss.
For many, Fiverr has become a go-to platform to connect with clients and make money, while Payoneer offers a convenient way to manage payments across different platforms. But what happens when you want to move your earnings from Fiverr to Payoneer?
If you’ve been wondering how to do this, don’t worry – I’ve got you covered. In this post, I’ll walk you through the entire process of transferring your Fiverr earnings to Payoneer, step by step.
Let’s dive right in!
Why Use Payoneer With Fiverr?
Before we get into the details of how to transfer your money, let’s quickly look at why using Payoneer makes sense for Fiverr sellers.
Payoneer is a global payment solution that makes it easy to manage payments from various platforms like Fiverr, Upwork, or even directly from clients.
It allows you to receive payments in different currencies, which can be a game-changer for freelancers working with international clients.
Unlike other payment options, Payoneer offers lower fees, faster transactions, and a convenient way to withdraw your earnings through a prepaid MasterCard, bank transfer, or even ATMs around the world.
This flexibility means you can access your money with ease and reduce the hassle of managing multiple payment methods.
How Do I Transfer From Fiverr To Payoneer?
Now that you know why Payoneer is a great choice, let’s break down the process of transferring money from Fiverr to your Payoneer account.
Step 1: Set Up Your Payoneer Account
Before you can transfer money, you’ll need to have an active Payoneer account. If you don’t have one yet, here’s how to get started:
- Sign up for Payoneer: Go to the Payoneer website and click on the “Sign Up” button. You’ll be asked for some personal details like your name, email, and address.
- Complete the verification process: Payoneer will require you to upload some documents to verify your identity. This can include a government-issued ID or a utility bill.
- Wait for approval: After submitting your documents, Payoneer will review your application. Once approved, you’ll have access to your Payoneer account, and a Payoneer card (if you choose) will be sent to you.
Once your account is active and verified, you’re ready to link it to Fiverr.
Step 2: Link Your Payoneer Account to Fiverr
Next, you’ll need to link your Payoneer account to Fiverr so you can withdraw your earnings. Here’s how to do that:
- Go to Fiverr Settings: Log in to your Fiverr account, and click on your profile picture in the top right corner. From the drop-down menu, select “Settings.”
- Navigate to Payment Settings: In the Settings menu, click on the “Payment” tab.
- Add Payoneer as a Payment Method: Under the “Withdraw Funds” section, you’ll see an option to add a withdrawal method. Choose Payoneer and click “Connect.”
- Sign In to Payoneer: You’ll be prompted to log in to your Payoneer account. Once you do that, Fiverr will ask for your permission to link your Payoneer account.
- Confirm and Link: After approving the connection, your Payoneer account will be linked to Fiverr. Now, you can withdraw your earnings to Payoneer whenever you need.
Step 3: Request a Withdrawal From Fiverr
Once your accounts are linked, it’s time to request a withdrawal. Here’s how to do it:
- Go to Your Fiverr Earnings Page: After logging into Fiverr, click on your profile icon and select “Earnings” from the drop-down menu.
- Click Withdraw Funds: On your Earnings page, you’ll see an option to withdraw funds. Click this button, and select Payoneer as your withdrawal method.
- Enter the Amount You Want to Withdraw: Fiverr will show you the total balance available for withdrawal. Enter the amount you want to transfer to Payoneer.
- Confirm the Withdrawal: Once you’ve entered the amount, confirm the withdrawal by clicking the “Withdraw” button.
Fiverr usually processes withdrawal requests within 2 business days. However, the time it takes for the money to show up in your Payoneer account can vary. Typically, it takes 2-3 business days for the funds to appear in your Payoneer account, but it may be faster depending on your location and bank.
Step 4: Access Your Funds in Payoneer
After your withdrawal is processed, your money will be available in your Payoneer account. You can access it in several ways:
- Bank Transfer: You can transfer the money from your Payoneer account to your local bank account. This usually takes 2-5 business days.
- Prepaid MasterCard: If you have a Payoneer prepaid MasterCard, you can use it to make purchases online, in stores, or at ATMs to withdraw cash.
- Use Payoneer’s Bill Pay Service: If you need to pay for business expenses, you can use Payoneer’s Bill Pay service to pay suppliers, vendors, or anyone else who accepts online payments.
Things to Keep in Mind
- Fees: While Payoneer is known for having low fees, it’s important to be aware of any charges related to withdrawing funds or converting currencies. Always check Payoneer’s fee structure to avoid surprises.
- Minimum Withdrawal Amount: Fiverr requires you to have a minimum balance of $20 before you can request a withdrawal. If you have less than this amount, you won’t be able to transfer your earnings to Payoneer until your balance meets the threshold.
- Withdrawal Time: As mentioned earlier, it typically takes 2-3 business days for your funds to appear in Payoneer. However, during holidays or weekends, the transfer could take longer.
FAQs
1. Is there a fee for transferring funds from Fiverr to Payoneer?
Yes, Fiverr charges a small fee when withdrawing funds.
Payoneer also has its fees, especially for currency conversions. It’s important to check both Fiverr’s and Payoneer’s fee structure before making a transfer.
2. How long does it take for the transfer to appear in Payoneer?
Typically, transfers from Fiverr to Payoneer take 2-3 business days. However, the exact time may vary depending on your location and bank.
3. Can I transfer funds from Fiverr to Payoneer in different currencies?
Yes! Payoneer allows you to receive payments in multiple currencies. If you work with international clients on Fiverr, Payoneer’s multi-currency feature can be very helpful.
4. What if my Payoneer account is not working?
If you’re having trouble with your Payoneer account, make sure to check if it’s been verified and that all necessary documents are in place. You can also reach out to Payoneer’s support team for assistance.
Conclusion
Transferring funds from Fiverr to Payoneer is a straightforward process once you’ve linked your accounts.
By using Payoneer, you can easily manage your earnings, save on fees, and access your funds in different ways. Whether you’re a seasoned freelancer or just starting out, this method is a great way to ensure your money is handled safely and efficiently.
Now that you know the steps, are you ready to start transferring your earnings from Fiverr to Payoneer?
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