How to get a Venmo debit card in Pakistan: Venmo is a mobile payment service owned by PayPal. Venmo account holders can transfer funds to others via a mobile phone app. It is a peer-to-peer (P2P) payment app available on iPhones and Android phones that allows for the quick and easy exchange of money directly between individuals. The app was launched in 2009. Venmo enjoyed a substantial boost in users when PayPal Holdings Inc. acquired Braintree for $800 million and rapidly monetized Venmo’s user base.
How Venmo Works
After installing the app on their phones, then linking their Venmo accounts to their credit card, debit card, or checking accounts, Venmo users can instantly begin exchanging funds among one another, with Venmo functioning as a virtual fiscal intermediary.
In other words, Venmo is acting as a middleman between the two bank accounts of the two users conducting a payment transaction.
Venmo Debit card in Pakistan
Venmo does not work internationally, as users must be physically located in the United States to complete transactions on the app. You will also need to have a US bank account to set up a Venmo account. If you plan on getting a Venmo credit card, you will need to have a Social Security Number, too.
There are alternatives available in Pakistan to transfer money from the stats to the Pakistani bank account.
Payoneer is a digital passport of a freelancer. It has business agreements with global companies like Google, Amazon, Airbnb, Upwork, Fiverr, People Per Hour, and Getty Images.
Freelancers receive payments in US$, which they can convert into Pakistani currency at any VISA ATM. This payment method is secure and attached to the VISA.
The good news is that now Jazz Cash has made a contract with Payoneer to facilitate the Pakistani freelancers. Now freelancers having a Payoneer account can withdraw money through any Jazz Cash point throughout the country.
Due to these factors, Payoneer in Pakistan is a symbol of growth for freelancers.