Pakistan is the world’s 8th fastest growing freelance economy and one of the leading global hubs for freelance software engineers. 

In our interconnected world, global money transfers are an essential part of business and personal finance. Whether you’re a small business owner expanding into international markets, a freelancer working with clients abroad, or a consumer purchasing products from another country, understanding how to transact safely on a global scale is crucial. 

Welcome to our definitive guide on sending and receiving money internationally – a must-read for every business owner making their mark globally.

For people who do business with partners, suppliers, or clients in Hong Kong, managing cross-border business payments without a local business bank account in Hong Kong Dollars (HKD) can be a real challenge. There’s often time-consuming, tedious paperwork that you have to complete every time. Currency conversion fees from your local currency can be high, […]

A growing business needs access to funds to stay competitive and realize its full potential. Many eCommerce sellers make the bulk of their sales and profits during Q4, and the last thing you want is to miss the boat due to lack of working capital. As part of your planning, consider how you can accelerate […]

Here at Payoneer, we work hard to ensure you have the best bank transfer options available. That’s why, as a Payoneer client, you have several banking methods available – Local transfers and SWIFT (Wire) transfers. In this article, we will introduce you to both these payment methods and provide a helpful guide on when to […]

Online sellers can vary quite dramatically, but there’s one thing that they all share – they all need enough working capital. You could be enjoying a very high number of sales each month, but if you don’t manage your working capital well enough, you might need to fold the business. We will explain everything there […]

As one of East Asia’s main business hubs, Hong Kong has long been a focal point for cross-border B2B payments. Unfortunately, doing business in Hong Kong without a local bank account can be challenging, with tedious paperwork, high currency conversion fees, difficulty tracking payments, and long clearance times only some of the problems you might […]

When it comes to paying your contractors, suppliers and remote employees, knowing that your funds reached their destination in full and on time is critical for maintaining a healthy relationship with your service providers. Effectively tracking payments, however, requires a robust and transparent solution that gives you a birds-eye-view as to where your funds are […]

Bangladesh is one of the world’s fastest-developing countries, and it’s quickly becoming a popular outsourcing destination. The Bangladesh government is investing heavily in developing a digitally-native workforce that’s skilled in IT support, software development, and advanced technologies like artificial intelligence (AI), cybersecurity, and blockchain.  Bangladesh is second only to India for skilled contractors for the […]

A growing business needs access to funds to stay competitive and take advantage of opportunities. For some, a business loan is the best option, providing a regular repayment schedule and diminishing debt. For others, a line of credit provides flexible and convenient financing for covering day-to-day operating costs or pursuing a time-sensitive business opportunity such […]

One of the most frustrating experiences in the business world is waiting for your payment to come through. You love your work but getting paid is also pretty important to you – after all, you need to eat and to pay your rent! Your client notifies you that they sent their payment, but your bank […]

Note: This blog is for customers that have a Payoneer account for sending payments (with this account, you can only send payments, using your credit card or bank account details). If you have a Payoneer account for receiving and sending payments, you can find information on making batch payments from your Payoneer account balance here. […]

Do you regularly receive payment requests from freelancers, contractors and other service providers? Paying and tracking those payment requests just got easier! 2. Check out tools to track and manage your payment requests On the Payment Requests Received page, you’ll discover a number of tools to track and manage the payment requests you have received: […]

A business line of credit is usually recommended for short-term financing needs, like buying inventory and paying for a surprise expense, but it can also be used to cover long-term expenses, such as advertising campaigns and insurance costs. Line of credit borrowing limits often range from $5,000 to $150,000 and are smaller than a short-term […]

Enterprise companies can now tap in to an extensive range of global payment solutions with Payoneer’s groundbreaking Enterprise 360° solution. Now with an even wider reach, with Payoneer Enterprise 360°, marketplaces, networks, and digital platforms can grow their global businesses even further. Expanding into new geographies and verticals is worry-free, thanks to Payoneer’s local payment […]

Whether your clients are around the corner or 5 time-zones away, billing them and receiving payments has never been easier. Payoneer’s Request a Payment enables freelancers, contractors and professionals to send out payment requests for work completed. The clients can then choose to pay via payment options, including credit/debit card, ACH bank debit and local bank transfer (via the […]

Online payment terminology There are several terms that are used almost interchangeably when describing online payments: Payment gateway: A service that receives the online payment request from your website and directs it to the payment processor. Payment processor: A service that enables Merchants to receive debit or Credit Card payments online by providing a connection to […]

Payoneer’s Global Bank Transfer Service allows you to receive payments from participating partners directly to your bank account in over 200 countries, and more than 50 currencies. We’re happy to announce that we’ve further expanded that list, now allowing you to receive payments in Kenyan Shillings (KES)! At a cost of only $2.99 per payment, you […]

Today’s world is more connected than ever, providing employees with new opportunities to work with employers overseas and enter international markets.  If you’re looking for work that better suits your skill set and preferences, taking advantage of these opportunities can be exactly what you need to help you in achieving your goals.  However, at the […]