How do I get paid on Fiverr using Payoneer?

How do I get paid on Fiverr using Payoneer?

There are four different Fiverr withdrawal methods, including using your Fiverr revenue account (also known as or your Payoneer prepaid Mastercard) and withdrawing to your bank account via Payoneer.

Here is a clear and simple guide to getting paid on Fiverr with Payoneer.

How do I get paid on Fiverr?

  1. First, you need to check your Fiverr balance to see that you have money available to withdraw. You’ll find it by logging in to your account, choosing the ‘Selling’ menu, and then clicking ‘Earnings.’ 
  2. Now you need to choose one of the 4 different Fiverr withdrawal methods:
    • Fiverr Revenue Card
    • Banktransfer
    • Paypal
    • Direct Deposit (in US)
  3. You can withdraw up to the amount in your ‘Available for Withdrawal’ area.

    Note: Fiverr only lets you make a withdrawal once every 24 hours, and you can withdraw up to $5,000 each time.

How to withdraw from Fiverr to Payoneer

If you decide to withdraw from Fiverr to Payoneer, you have two options – either by loading the money onto your Fiverr Revenue card (also called Payoneer prepaid Mastercard), or by withdrawing the money through Payoneer directly to your bank account. 

if you don’t have a Payoneer account just sign up here.

How to withdraw money to your Fiverr Revenue card

Once you signed up to Payoneer, you are ready to withdraw your hard-earned money.

  • Log in to your Fiverr account, go to the Selling menu, and click Earnings.

  • Look at the right-hand column, marked ‘Available to Withdraw,’ to check that you have enough money.

  • Just below these figures, you’ll find buttons giving you withdrawal options. Click ‘Fiverr Revenue card’ to withdraw to your Fiverr Payoneer card.

  • That’s it! You’ll get an on-screen notification that withdrawal has begun and receive an email notification as well.

What is the Fiverr Payoneer card?

The Fiverr revenue card is provided by Payoneer and powered by Mastercard. Your Fiverr Mastercard works exactly like an ordinary debit card. It’s completely flexible and makes it easy for you to get to your money. 

Once you withdraw money to the Fiverr Revenue card, you can use it to buy things in stores or online, or to take out cash from an ATM. If you have a Payoneer account, you can also go to your Payoneer account to transfer money from your card into your regular bank account.

Note: The Fiverr Payoneer card is not supported in India. If you are from India, choose a Payoneer bank transfer instead, to get the funds directly in your bank account. 

How to get a Fiverr Revenue card

Here’s how you set up a new Payoneer account and Fiverr revenue card:

  • Log in to your Fiverr account, go to the Selling menu, and click Earnings.
  • In the Withdrawals window, click the option for Fiverr Revenue card.
  • You’ll get an on-screen notification about a new email in your inbox.
  • Open your email and click on the link you find there. This link will bring you back to Fiverr and a button marked ‘Get Started.’
  • Now you’ll be redirected to the Payoneer website, where you’ll follow instructions to set up a new Payoneer account for your Fiverr Payoneer card.

How to connect your existing Payoneer account with Fiverr

If you already have a Payoneer account, this is easy: 

  • From your Withdrawals page on Fiverr, choose either Fiverr revenue card or Bank transfer.
  • You’ll receive an email that directs you to Payoneer.
  • Open the email and follow the links to enter your Payoneer username and password.
  • You’ll get a confirmation email letting you know that your accounts are linked.

Now you can withdraw funds directly from your Fiverr balance page to your Payoneer Mastercard, which serves as your Fiverr Revenue card, or through Payoneer direct to your bank account.

Fiverr Revenue card fees

  • It’s free to set up a Fiverr revenue card.
  • There is a $5 activation fee for your card.
  • When you get a Fiverr Revenue card, you’ll get a Payoneer freelancer account that’s completely free as well.
  • You’ll pay a fixed $1 fee every time you withdraw from Fiverr to Payoneer, no matter how much you withdraw.
  • It takes up to 48 hours for your funds to clear on your Fiverr Revenue card, but you can pay a $3 fee if you want the money to clear within 2 hours.
  • The minimum withdrawal amount from Fiverr to Payoneer is $5.
  • Once your funds are on your Fiverr Revenue card, you can withdraw them at any ATM or use them to make purchases online or in-store. Fiverr and Payoneer don’t charge any fees for this.
  • Your Fiverr Revenue card is a Fiverr Mastercard, so you might have to pay fees on some transactions, according to Mastercard’s terms and conditions.
  • If you want to transfer money from your Fiverr Revenue card into your USD/GBP/EUR bank account (instead of doing a direct bank transfer from Fiverr) without any foreign currency conversion, you’ll pay $/£/€1.50 for each transfer.

Although you do have to pay a fee for a Fiverr to Payoneer withdrawal, it’s really tiny as long as you withdraw large amounts at each time.

For example:

Sally withdraws $10 every day, paying a $1 fee every time. After 10 days, she’s withdrawn $100, but paid $10. 

Sheila withdraws $100 each month. She pays only $1 and gets $99 in her account.

Withdrawing funds from Fiverr to Payoneer really pays off if you need to convert your money into a different currency. Payoneer doesn’t charge you a currency conversion fee, only the Payoneer exchange rate.

If you transfer money from your Fiverr Revenue card to a bank account in a foreign currency, or make a direct bank transfer through Payoneer to a bank account that’s in a foreign currency, you’ll pay only 2% over the market rate.

If you use your Fiverr Mastercard to buy things in foreign currencies, Mastercard will charge you 3.5% above Mastercard’s standard exchange rate.

Compare that to PayPal, which charges a currency conversion fee of $0.30, plus a very opaque exchange rate of anything between 2.5% to 4%, just to withdraw your own money to your own bank account.

How to connect your existing Payoneer account with Fiverr

Conditions for Fiverr withdrawal methods.

Fiverr Payoneer card

  • Fast withdrawal, with funds cleared in as little as 2 hours
  • Low cost foreign exchange with no fees and competitive rates
  • Flexible access to your money through the Fiverr Mastercard
  • No fee to transfer money from your Fiverr Payoneer card or Payoneer account
  • $1 withdrawal fee, or $3 for faster service
  • $5 minimum withdrawal amount

Bank transfer through Payoneer

  • Money goes straight to your own bank account
  • Fast withdrawal, with funds cleared in as little as 2 hours
  • Withdrawal fee is at least $3, and could be more depending on your bank and location
  • Minimum withdrawal amount is $20

Other Payment Services

  • High foreign exchange rates
  • High fees to withdraw funds to a non-US bank account, even if you don’t need a currency conversion
  • Freelancers often report trouble with providers freezing their accounts without warning and other complications which cannot be resolved without customer service

Conclusion

Payoneer is one of the best Fiverr withdrawal methods for freelancers who want to know how to get paid on Fiverr. It’s easy for existing Payoneer users to connect Fiverr to their Payoneer account. For newcomers, getting a Fiverr revenue card is inexpensive and simple. Once you have a Fiverr revenue card, you enjoy low fees, fast clearing times, and flexible access to your money whenever and wherever you like. What’s more, Fiverr users who get paid in a foreign currency can use Payoneer’s low foreign currency exchange rates and fees to convert currency at competitive rates. 

Frequently Asked Questions

How can I withdraw money from Fiverr to Payoneer?

Payoneer uses different transfer methods depending on which country you live in. So for example, if you live in the US, your Fiverr to Payoneer withdrawal will be done by ACH. But if you’re in Europe, we’ll use SEPA to make your transfer. 

I get paid in USD, but I live in the Philippines. How can I use my Fiverr Revenue card to convert my money to Pesos without spending too much on currency conversion fees?

Working for overseas clients always causes this problem. They want to pay you in their home currency – in your case, USD. But you need to get that money into your home bank account in your home currency so that you can use it to buy groceries and pay the electricity bill.

Out of all the Fiverr withdrawal methods, Payoneer is the lowest-cost option for converting your USD into Pesos. Payoneer doesn’t charge you any fee for foreign currency exchange, and it has very low exchange rates that are just 2% above mid-market rate.

Here’s a brief guide to using your Fiverr Payoneer card to convert USD to Pesos:

  1. Visit the Withdrawals page on Fiverr and click on ‘Fiverr Revenue card’ to connect your Fiverr and Payoneer accounts.
  2. When your Fiverr Revenue card is ready, return to the Withdrawals page.
  3. Click ‘Fiverr Revenue card’ to request to withdraw money to Payoneer. You’ll get an on-screen and an email notification that withdrawal has begun
  4. When your funds have cleared in your Payoneer account, you can choose how to convert them.
    1. You could use your Payoneer Mastercard to withdraw money from your local ATM in your local currency.
    2. Or you can use one of Payoneer’s many foreign exchange routes to convert the USD to Pesos and then send it to your local bank account.
  5. Payoneer won’t charge you a fee for the currency exchange. You’ll only pay currency exchange rates at 2% above the mid-market rate.

I already use Payoneer to withdraw money from 99Designs. Can I use the same Payoneer account to get paid on Fiverr?

Yes, once you have a Payoneer account you can use it to accept payment from many different platforms and clients around the world. You just need to log in to your Fiverr account, open the Selling menu, and click on Earnings.

  • You’ll see a set of buttons giving you options for how to withdraw funds from Fiverr. Click on the button marked ‘Fiverr Revenue card.’ 
  • You’ll get an email with a link to get to your Payoneer account.
  • Follow on-screen instructions to reach your Payoneer account.
  • This connects your Fiverr account with your Payoneer account.

Now you can use your Payoneer card as a Fiverr Mastercard. You can withdraw money onto it, and then withdraw it at an ATM or use it to make purchases without any fees. 

You’ll find all your linked platforms on your Payoneer profile, under ‘Funding Sources.’

Do I have to have a Fiverr Revenue card to get paid through Payoneer?

No, there are 2 different ways to withdraw from Fiverr to Payoneer. 

  1. Use your Payoneer Mastercard as a Fiverr Payoneer card, or set up a Fiverr Revenue card. Both of these cards work as Fiverr Mastercards. Once you withdraw money onto your Fiverr Mastercard, you can use it to pay bills, make purchases, or take money out from an ATM just like any regular debit card. 
  2. Connect Fiverr directly to your Payoneer account through the Payoneer website. When you’ve linked the two accounts, you can go to the Withdrawals page on your Fiverr account and choose Payoneer withdrawal option. You’ll withdraw funds from Fiverr straight to your Payoneer account, and then you can transfer them to your bank account or use them to pay vendors in the usual way. This way you won’t need a Fiverr Revenue card to move your money.

Make a bank transfer supported by Payoneer. This is the bank transfer option on your Earnings page. When you make a bank transfer, the money goes straight to your bank account, but the transfer is powered by Payoneer for better service and lower fees.

How can I save on Fiverr withdrawal fees?

Fiverr Payoneer withdrawal fees are quite low, but if you’re a busy freelancer they can add up. Here are a few ways to keep down the amount you pay on withdrawal fees when you use Fiverr and Payoneer together. 

 

  1. You’ll pay a fixed $1 fee to withdraw from Fiverr to Payoneer, no matter how much you withdraw at a time. Try make fewer withdrawals of larger amounts, so that you only pay the fee once a month instead of a few times a week.
  2. If you need your withdrawal from Fiverr to Payoneer to clear in a hurry, you can pay a $3 fee. Try to avoid having to pay this by keeping on top of your cash flow and making withdrawals at regular intervals.
  3. Use Payoneer to convert your foreign currency funds to your local currency before you transfer it to your local bank. Payoneer has much lower foreign exchange fees and rates than banks.

Can I withdraw money from Fiverr to Payoneer in different currencies?

Yes! You can set up your Payoneer account to hold money in USD, Euros, GBP, Japanese Yen, Australian dollars and Canadian dollars. That makes it easy for you to withdraw from Fiverr to Payoneer using your Fiverr Payoneer card, no matter where your clients are.

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