The craze of Fiverr among freelancers will never cease to increase. In this post, we will take a look at how to withdraw funds from Fiverr with a Payoneer account. But first, we will understand some basic information about the platform.
What Is Fiverr?
For those who are new to Fiverr, it is an online marketplace for freelancers and clients. Sellers offer different services to buyers. The gigs start from as low as $5 only. As the experience of the seller increases, they can charge higher.
If you have a skill set such as writing, graphic design, translation, programming, video editing, etc, you’re in luck. Without any restriction of the Nationality, you can work on Fiverr as a seller to offer services and also as a buyer to purchase services. Some other skills include typing, file conversion, data entry, video format conversion, career advice, personal chatting, coaching, fixing bugs, drawings, etc.
How To Get Clients Via Fiverr?
Once you are done with 10 orders and have a good rating, chances are that buyers will contact you themselves to get their work done. But if you are new to the platform, it might take you some time finding clients. Till the time you get your first few profitable bids, contact buyers via Buyer request. All you need to do is select something that matches your skillset and states the number of days you need to complete the task. Moreover, sellers have the option of writing how they will accomplish a task in a few words. Keep the bid low till you are a newbie.
If the buyer likes your bid, you will get the offer. If you do, deliver the work on time. Clarify the queries of your client even hen you have completed his work. This way, you maintain a good relationship with your buyer and they are likely to approach you for more work. It will improve your ratings and land you some good offers in the future.
If you repeat this process of getting good clients, buyers will themselves contact you for gigs. Moreover, if you keep on getting good ratings, your gig will appear easily in search results. The best perk for buyers on Fiverr is that you can get your work done at very low prices as compared to other sites.
How Do I Withdraw USD From Fiverr Outside The US?
If you are a seller on Fiverr, rest assured about the payment process as withdrawing funds into your bank account is a breeze. Let’s check out the options.
- Bank transfer
- Fiverr Revenue card
- Direct Deposit
The Direct Deposit method is only for Non-US residents. Fiverr Revenue Card and Bank transfer are the other two methods. PayPal is not a recommended method for Indian users as the conversion rate is very high.
How To Withdraw Money From Fiverr Using Payoneer?
The transaction fee while withdrawing money from Fiverr via Payoneer is negligible to zero. So, let’s take a look at how you can withdraw funds using Payoneer.
What Is Payoneer?
Payoneer is a digital payment provider and offers online transaction services. Sign up for a Payoneer account if you don’t have one. Once your transaction amount crosses $100, you will get a bonus of $25. While signing up, you need to provide details including name, address, etc. To receive funds from Payoneer, you also need to give your local currency Bank account information. Give any digital ID proof for the purpose of verification.
The approval takes a few days after sign up. After about 7-10 days you will also receive the Payoneer Mastercard. However, Payoneer users who are from India are not eligible for a Payoneer Mastercard. But you can still open a free Payoneer account.
There are two main things you need to withdraw money from your Fiverr account via Payoneer.
- Fiverr account
- Payoneer account
Step 1 – Switch To Selling
Go to the homepage after logging in and click on the “Switch to selling” option. Also, make sure that you are done creating a Payoneer account successfully.
Steps 2 – Check Earnings Tab
Check the Earnings tab for different options.
- Fiverr Revenue Card
- Bank transfer
For Indian users, you can’t use the Fiverr revenue card. But you can opt for Bank Transfer in its place.
Step 3 – Select Bank Transfer
When you select the Bank Transfer option, Fiverr will send you a verification code on your registered mobile number. When you enter the 4-digit verification code, select “Submit code”.
Step 4 – Verification
Once you enter the verification code and submit it. Fiverr will send you an e-mail for linking your Payoneer account. The e-mail will have a ‘click here’ option. Follow the link to link your Payoneer account to your Fiverr account.
Step 5 – Transfer Revenue
After completing step 4, you will land on the Fiverr withdrawal settings page. The “Get started” button will enable you to transfer the revenue into your local bank account.
Step 6 – Link Your Payoneer
Step 6 will take you to the registration page. Since you already have a valid Payoneer account, you don’t need to enter specific details again. The right-hand corner has a “Click here” button.
Step 7 – Verify Your Payoneer Details
Select that button and it will prompt you to log in to your Payoneer account for the purpose of confirmation. Something to note, here, you have to give your Payoneer ID and password, not the Fiverr one.
Step 8 – Check Confirmation Email
Congratulations! You have been successful in linking your Payoneer account with Fiverr. It will show you a confirmation message.
Step 9 – Fiverr Application Review
Fiverr will take a day or two to review your application. As soon as you get approval for your application, you will get an e-mail notification. Now, you are fully entitled to withdraw funds using Payoneer from Fiverr.
Step 10 – Withdraw Your Money To Your Local Bank Account
Click the earnings tab again and select the Bank Transfer option. For the amount to reflect in your bank account, it will take 2-4 business days.
Check out the Funding sources option when you log in to your Payoneer to check whether Fiverr is connected.
If there’s anything you think I’ve missed – talk to me in the comments below!
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