The freelance economy is on the rise and it’s not slowing down anytime soon. The freelance workforce has grown by 3x in the last decade and it is estimated that 43% of the US population will turn to freelance in the next 6 years.
Freelancers are dominating many different industries, including IT, marketing, design, legal services, and more.
This shift has been driven by a number of factors: from globalization to technological advancements that have made outsourcing easier than ever before.
Alot of growing freelancing websites include:
Methods through which Upwork Pay its Freelancers in Pakistan?
Among many methods there are five cash withdrawl methods that Pakistani Freelancers can use to withdraw their funds from Upwork:
- Direct to the local bank
- Payoneer
- Direct to U.S. Bank(USD)
- PayPal (third-party payment vendor)
- Wire Transfer(USD)
What is the Issue in Withdrawl?
If you cannot wait for 2-3 days for the funds to be transfered in your Pakistani bank account, PayPal is the best alternative. However you need to have a US bank account to use PayPal as a withdrawl method in Pakistan.
How do you withdraw money from Upwork? The process varies depending on which country you live in. In Pakistan, you need to provide proof that you’re an independent contractor, and then submit a request to withdraw funds.
Are you having trouble in withdrawls? Feel free to contact our support for free consultation and solutions
Process of Withdrawing Money from Upwork for Pakistani Freelancers
1. First, you need to create an account with Upwork
Once you’ve registered, you’ll need to verify your identity by providing documents such as a passport, driver’s license, utility bill, bank statement, etc. You will also need to upload a copy of your W2 form (if applicable).
2. Next, you need to log into your Upwork profile
Now click on “My Account”. On the next page, click on “Withdrawal Request”. Enter the details required and submit the request.
3. Now, click on ‘My Account’
You will receive an email confirmation with the details of the withdrawal request. Once confirmed, you will receive the funds within 24 hours.
4. Click on ‘Withdrawal’
Once you click on withdrawl the process gets started. The money is usually transfered with in hours. However there might be some delayed at receiver’s end. For example if you are withdrawing for the first time, the Pakistani bank might hold it to check for money laundering or terror funding clauses. Once, the amount is credited for the first time, you wont have any issues in the future.
You will receive an email confirmation once the withdrawal request has been processed.
Conclusion
Upwork is a platform where people can find freelance jobs. It allows clients to post projects and freelancers to bid on those projects. Clients can choose which freelancer they want to hire based on reviews and ratings. Payment has become really easy and secure for the rapidly growing freelancer industry in Pakistan.