Nowadays, In Bangladesh many young people have adopted many freelancing platforms as their career path. Many skilled people in the country are earning a good amount of foreign exchange through freelancing on various outsourcing platforms. But, bringing money home was quite a tiring job a few days ago. From February 10, 2022, Bkash has launched a shocking service to bring any kind of foreign currencies into Bangladeshi Taka through Bkash transaction system from BRAC Bank’s payment gateway. We will cover up the transaction system from Payoneer to BKash in this article.
What Is Payoneer
Payoneer is a globally trusted digital payment platform that allows users to securely transfer money from one account to another.It is a reliable and secure platform, used by millions of individuals and businesses worldwide. It is a convenient and reliable way to send and receive funds, no matter where you are located. Transferring money from Payoneer to Bkash is easy, and it only requires a few steps.
To start, at first you will need to create an account with Bkash, and then link it to your Payoneer account.
How to create a Bkash Account
To create an account you can visit the nearby Bkash merchant. Or you can create it with the Bkash app by following these steps –
- Download The “Bkash App” from Play Store or App Store.
- Open the app and tap on Log in/Registration Button.
- Type a valid mobile number and choose the operator.
- Bkash will verify you through a verification code.
- After verification, you have to go through the KYC process.
- After submitting the KYC, It will verify you within a few minutes.
- After that you have to activate the account and set a Pin.
- You have to go to Bkash mobile menu by dialing *247#.
- Choose “Activate mobile menu”.
- Enter a 5 digit pin to your account and re-enter it to confirm the pin.
- Done, Your account is ready.
After creating the Bkash account you have to link up your Payoneer account to it.
How to link Payoneer With Bkash
To transfer your funds you have to link up between your Payoneer account and Bkash account. To link both of them you have to follow some steps-
- At first log in to your bKash app.
- On the home page tap on “Remittance” icon then Select “Payoneer”.
- On this page there are two different buttons, “Create Payoneer Account With Bkash” and “Link My Payoneer Account”
- If you don’t have a Payoneer account, you can tap on the button “Create Payoneer Account With Bkash” and create a Payoneer account through Bkash.
- If you already have a Payoneer account, you have tap on “Link My Payoneer Account” button and it will open a new page.
- On that page put you Email or Username and Password to sign into your Payoneer account.
- Complete the two-step verification, then a new page will open for your confirmation, select “Agree” to allow bKash to link your Payoneer account.
- You will receive a notification indicating your Payoneer and bKash accounts have been linked.
How To Transfer Money From Payoneer To Bkash
After linking both of the accounts, you can transfer money easily by following the steps –
- In the BKash app the Payoneer part will show the customer ID and email number registered with the customer’s Payoneer account.
- After that, you have to tap the button “Withdraw Money From This Account”.
- The balance in Payoneer in different currencies will be mentioned, under the title. You can select any of them from there.
- After specifying the amount of the funds you have, tap on the ‘Advance’ button. And the money will be transferred to your Bkash account.
It is important to remember that your Pioneer account needs to have at least 1000 bdt equivalent balance. There is no hassle to complete any form separately and this service is available for free at any place from anywhere.
Payoneer to BKash fund transfer system is a really great advancement for the professional freelancers in Bangladesh. This gateway will relieve many freelancers from trouble for money transactions. As a result, the problem of bringing freelancing money in the country will be eliminated. It is worth mentioning that this simple money transaction process can remove obstacles for working on the outsourcing platforms of many potential Bangladeshi youths and taking freelancing as a carrier and encouraging them to earn more foreign currency.
Nice, It was very informative and helpful too.