How to withdraw fiverr funds using Payoneer

How to Withdraw Your Fiverr Funds From Anywhere in The World

If you’re interested in learning how to withdraw money from Fiverr, then this guide will show you how to do just that.

A Fiverr seller recently emailed me saying: ‘how can I easily withdraw my funds from Fiverr.’ I provided answers to her via email and then decided to help other sellers interested in making withdrawals from Fiverr but don’t know how to go about it.

There’s this ecstatic feeling that comes with withdrawing your first earnings. It gives you that believe, confidence and hope for a better future in Freelancing.

After your first withdrawal, the zeal to work extra-hard and make more money on Fiverr becomes even stronger.

Before going on with this guide, you need to know if you are actually qualified to withdraw from Fiverr.

When does Fiverr payout?

After the completion of your job, there’s a compulsory wait period. This is a measure to avoid or resolve any form of dispute that may likely arise between buyers and sellers.

The wait periods are:

  • Top Sellers: 7 days
  • Every other level below top-seller: 14 days

Now, I’m certain you’re not a top-seller. If you were, then by now you must have withdrawn over $500,000 from Fiverr.

Fiverr withdrawal methods

Fiverr allows up to Four different withdrawal methods, which includes:

  • Fiverr revenue card: Using this method attracts a static fee of $1 irrespective of your withdrawal amount, and funds will be received within 2 working days. If you’re interested in receiving your funds within 2 hours, you have the option to choose that during withdrawal; but this time, it will attract a fee of $3 irrespective of your withdrawal amount. Minimum withdrawal amount using Fiverr revenue card is set at $5. If you have a Payoneer account, then your Payoneer MasterCard serves as your Fiverr revenue card.
  • PayPal: You’ll be charged a fee of 2% from the withdrawal amount up to $1. The minimum withdrawal amount using this method is set at $1.
  • Bank transfer: Attracts a fee of 3$ irrespective of your withdrawal amount. The minimum amount you can withdraw using this method is $20.
  • Direct bank deposit: This method is only available to Fiverr customers who own American bank accounts; which can be gotten from Payoneer whether you stay in the US or not. It is the best and most recommended method of withdrawal for people living in countries not supported by PayPal. Using Direct bank deposit attracts a fee of just $1 irrespective of your withdrawal amount; minimum withdrawal amount for this method is set at $10.

Those are the four methods you can use to withdraw from Fiverr. Among them, my most recommended method of withdrawal is “Direct Bank Deposit”. It can be done using a Payoneer bank account.

Payoneer is accessible all over the world and is a partner company of Fiverr. So, even if you don’t reside in the US, you can register with Payoneer today and get an American Bank Account.

Another good thing about using Payoneer is that you get to enjoy a bonus of $25 for the first $100 deposited into your bank account.

How to withdraw money from Fiverr using Payoneer

Method 1. Using Payoneer Direct Bank Deposit

If you don’t have a Payoneer account, then you need to create one before continuing with your withdrawal using direct bank deposit. If you already have a Payoneer account, then you can skip to step 2.

Step 1. Create a Payoneer account

Creating a Payoneer account is very easy. All you have to do is visit Payoneer using this link. You will be required to enter a lot of information – that shouldn’t be a problem. If you get stuck along the way, you can follow my Payoneer account creation guide to put you through.

Step 2. Login to your Fiverr account and then click on Selling>>Earnings

click on sellings and then earnings

Step 3. Select Bank Transfer as your preferred withdrawal method

Fiverr withdrawal using Bank Transfer

Step 4. Verify your phone number

Verify phone number on Fiverr

Since adding a withdrawal method is a very sensitive process, it’ll be required of you to enter a verification code. The verification code will be sent to the phone number with which you verified your Fiverr account. Enter your verification code and click on Submit Code.

Step 5: Click on link found in Confirmation Email

Fiverr bank account linking confirmation email

Fiverr will send you an email asking you to confirm your account linking. Click on the link to get started with the account linking process. It is advisable to use the same browser where you’re logged in to your Payoneer account.

Step 6: Login to Payoneer and confirm Fiverr linking

The link in the email will redirect you to the Payoneer website. Login to your Payoneer account and confirm that you really want to link your Fiverr account with your Payoneer account.

After your account is linked, you will get a confirmation email from Payoneer telling you Fiverr has been added as your payment source.

Message from Payoneer confirming payoneer successfully linked with Fiverr

Once linked, you can head back to the selling>>earnings page on Fiverr. You can then  and withdraw your money using the bank transfer method.

Method 2. Using fiverr revenue card

What is the Fiverr revenue card? it’s like your regular debit MasterCard that can be used on any ATM service point worldwide. Like I said earlier, Payoneer and Fiverr are partner companies. So the Payoneer MasterCard serves as your Fiverr revenue card.

After creating a Payoneer account, it may take a few days before the card is processed.

The Payoneer MasterCard is free; however, it is required that you have a minimum of $30 before your card is processed. Your Payoneer MasterCard can serve so many purposes; including as your Fiverr revenue card.

Note: You cannot link your Fiverr account with Payoneer using both method 1 and method 2; it’s either one or the other. So, if you prefer to use your Payoneer MasterCard, follow the guide below.

Step 1: Under selling>>earning, click on Fiverr revenue cardclick on Fiverr revenue card as prefered withdrawal method

A popup will appear asking you to check your email for further instructions on adding your Payoneer MasterCard, which serves as the Fiverr Revenue Card.

Step 2. Clink Email link to confirm Fiverr and Payoneer MasterCard linking

Confirm Fiverr and Payoneer MasterCard linking

Clicking this link will redirect you to Payoneer website. Where you’ll be required to login in order to complete the linking process.

Step 3. Confirm Fiverr account linking in Payoneer website

If you already have a Payoneer Prepaid MasterCard, then to the right of the page, click on the link you are provided with to connect it to your Fiverr account.

You should also get a confirmation message telling you your Payoneer MasterCard was successfully linked with Fiverr.

After account linking, you can always visit Fiverr and under Selling>>Earnings, click on Fiverr Revenue card as your preferred withdrawal method.

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15 Comments

  1. PresleyOctober 14, 2018

    Can i transfer from my payoneer account to Western Union account

    Reply
    1. Matt StephensOctober 14, 2018

      Hi Presley, I believe it’s possible to send money from your Payoneer account to a Western Union account. This question was previously asked in the Payoneer community and someone claims to have done it. Personally, I have never tried sending my Payoneer funds to Western Union.

      Reply
  2. PresleyOctober 14, 2018

    How can I transfer earned cash from fiverr to western union account

    Reply
    1. Matt StephensOctober 14, 2018

      Fiverr doesn’t support transfer to Western Union account. The best way to withdraw to your local bank account is to first transfer to Payoneer.

      Reply
  3. liberoOctober 1, 2018

    Hi, I recently linked my payoneer account to my fiverr account following the direct deposit process and i got an email from payoneer saying it has been linked successfully to my fiverr account almost immediately.

    At the end of the process fiverr said i would get an email from them if the review is successful but i am yet to receive it 2 days after, I did this on friday . I tried withdrawing with the direct deposit and its taking me to that whole same process of adding a payoneer account.
    Please how long does it take fiverr to send this email that your account has been linked successfully and you can make withdrawals. Anticipating your response, Thanks.

    Reply
    1. Matt StephensOctober 2, 2018

      Hi Libero, I cannot really state the specific duration of time you have to wait for your linking to get approved. Since linking a payment option is a very sensitive operation, Fiverr manually reviews all payment methods added on the site and your wait period depends on how many customers they need to attend to at that particular point in time. In my own case I only had to wait a couple of hours before my Fiverr account was linked with Payoneer. If you wait one more day and it’s not linked, then send a message to support.

      Thanks for stopping by.

      Reply
  4. Matt StephensSeptember 26, 2018

    Hi NLT, sorry for the very late response, I somehow missed your message. Unfortunately I can’t withdraw for someone. I only use the allowed one Payoneer account, and it is already linked to my Fiverr account. Try creating a Payoneer account yourself. It only takes a few minutes.

    Reply
  5. Henry SmithAugust 13, 2018

    Thanks for the info Sir.
    Sir can I withdraw from Fiverr without remembering my security question?
    Is it only phone verification that is required?

    Awaiting your response.
    Thanks in anbticipation

    Reply
    1. Matt StephensAugust 27, 2018

      Linking a withdrawal option does not usually require that you provide answers to your security questions; so you can withdraw from Fiverr without remembering it. Situations may arise in future, though, when it will be required of you to provide answers to your security questions.

      Sorry for the late response!

      Reply
      1. liberoOctober 1, 2018

        Hi, how long does it take fiverr to send an email that your direct deposit payoneer method is successful, I am still waiting for an email from them, I only got a successful email from payoneer, I cnt withdraw at the moment because its taking me to register again.

        Reply
  6. FrancisJuly 10, 2018

    Thank You,

    Please may I know the difference between using the Payoneer Revenue Card and the Direct Bank Deposit?

    Also If I use The Direct Deposit Option would I be able to transfer the funds from My Payoneer to another Payoneer without sending to my bank?

    Reply
    1. Matt StephensJuly 11, 2018

      Hi Francis,

      You’re welcome.

      Money deposited directly into your Payoneer account still needs to be transferred to your local bank or your revenue card. However, funds in your revenue card is accessible and can be used to make withdrawals or purchases.

      You can transfer funds from one Payoneer account using the ‘make a payment’ section provided your account is eligible and open for that services.

      If you’re unable to do that, you may be required to contact support for that to be enabled.

      Reply
      1. NLTAugust 30, 2018

        Can you help someone withdraw?

        Reply
        1. Matt StephensAugust 30, 2018

          No, you can’t withdraw for another person with a payment account that’s already linked to your Fiverr account. If you do that, Fiverr will notice the irregularities and might limit your account.

          Reply
          1. NLTAugust 30, 2018

            No, I mean can YOU withdraw for someone? I need help withdrawing

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