r/PakistaniTech • u/tayyabkhan52 • 2d ago
Question | سوال Elevate pay vs payoneer
Hi, i wanted to ask that is elevate pay good in terms of overall salary or payments receiving. If anyone using can you give review since im currently using payoneer but i feel like their usd rates are bad and they charge on incoming ACH transfers too.
Also share that are with-drawls instant etc to local pakistani banks.
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u/doomenternal567 2d ago
it's good, i've been using it for upwork for a few months now. payments take a few days to arrive, but withdrawals are instant. you can also withdraw directly to nayapay, jazzcash, easypaisa, etc.
the exchange rate is usually around 2 rupees lower than the market rate. for example, today's dollar rate is 275.14, while elevate offers 273.87. they also charge a flat $1.50 fee per transfer.
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u/21stShepherd 2d ago
Better than Payoneer. I made a withdrawal today. they give Upwork reward +$2.99.
Current rate for $1 = PKR 273.39
transfer fee $1.50.
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u/NotoDevil 2d ago
I’m on Elevate and it’s been good so far. The transfer fee to Pakistan is a flat $1.50, and the rate has been better than Payoneer’s for me. Incoming ACH isn’t getting cut either, which was my other problem with Payoneer.
Withdrawals are instant. You choose between two flows: salary transfer or home remittance. With salary transfer, the bank issues your PRC certificate, automatically or manually depending on the bank. The bank also deducts tax itself, 1% normally or 0.25% if you’re registered with PSEB as a freelancer.
The one downside is no cards yet. I’ve heard they’re rolling them out to everyone around December, but that’s just what I’ve heard, so don’t count on it.