Pakistan is booming with freelancers who are earning global fame for the country. However, the biggest barrier for continuing growth of the freelancing trend is near to none payment options for than freelancers, as big payment gateways like PayPal do not operate in Pakistan.
Pakistan is ranked on 4th in global freelancing market, and has now achieved another milestone after renowned telecom company, Jazz has partnered with the famous online payment company called Payoneer. The JazzCash-Payoneer partnership is hoped to bring much ease in freelancing payments. Local freelancers say that it’s a much needed relief which they had been looking forwards to for the last 5 years. Users can now transfer their Payoneer funds easily to their JazzCash accounts, by simply downloading the JazzCash app and syncing it with their Payoneer account,following an easy 5 step procedure. The JazzCash-Payoneer partnership is going to making freelancing a much likable experience.
Moreover, users can transfer funds from Payoneer account to their personal bank accounts. They will not only get to enjoy exiting exchange rates, but will also be able transfer amounts as low as, $1 up to $12Kto their JazzCash accounts that they can withdraw from more than eighty-five thousand JazzCash outlets around Pakistan. Payoneer is already offering ATM withdrawals and wire transfers, but this new partnership will make them available for mobile wallets as well. According to the official Jazz website, users can enjoy instant transfer and can spend this amount to pay utility bills, funds transfer, mobile top ups, online payments and many more. Payoneer is going to be charging its standard fee which is 2% of the transaction, but JazzCash has announced that they will not charge any fee on withdrawals.