Payoneer, a popular choice among freelancers globally, offers a seamless way to receive payments across borders. However, Lebanon stands out as one of the countries where Payoneer’s services are not available for freelancers to receive payments. This absence has posed significant challenges for Lebanese freelancers seeking reliable payment solutions.
Let’s delve into the reasons behind Payoneer’s unavailability in Lebanon and explore alternative avenues for freelancers to receive international money transfers.
Reasons for Payoneer’s Unavailability
Several factors contribute to Payoneer’s unavailability in Lebanon. The economic crisis has led to increased government scrutiny and regulatory constraints on financial transactions, making it challenging for external payment service providers to operate within the country. Additionally, compliance with local regulations and ensuring the security of transactions might pose complexities that service providers like Payoneer find difficult to navigate.
Impact on Freelancers and remote workers
For freelancers in Lebanon, the absence of Payoneer has significant repercussions. Freelancing, often a source of income for many in the country, relies heavily on international clients. Without access to platforms like Payoneer, freelancers face obstacles in receiving payments securely and efficiently. This limitation impedes their ability to access global job opportunities and negatively affects their livelihoods.
Exploring Alternative Solutions
Despite the unavailability of Payoneer, Lebanese freelancers have sought alternative payment methods to receive their earnings. Some have turned to traditional bank transfers, despite the associated challenges of longer processing times and higher fees.
Another option, cheaper and most convenient, is to use local money transfer apps such as Purpl.
Why Receive on Purpl
1. Instant Transfers:
Purpl’s standout feature is its ability to facilitate instant money transfers. By choosing Purpl, recipients gain access to their funds as soon as the transfer is initiated, eliminating the waiting period associated with traditional methods. This ensures convenient financial management when needed the most.
2. Low Sending Fees:
Purpl takes pride in offering the lowest sending fees in the market, in collaboration with digital remittance partners Paysend and Remitly. By opting for Purpl, recipients retain more of their hard-earned money, avoiding high fees common with traditional banking institutions and money transfer services.
3. Zero Cash Out Fees:
With Purpl, there are no hidden costs. Recipients can access and cash out their salaries without worrying about additional charges, ensuring that received funds remain intact.
4. Convenient Cardless ATM-cashout:
Purpl streamlines the cash-out process, requiring only a one-time identity verification on the app. Recipients can then initiate a cashout, receive a security code, and withdraw funds instantly at any of the 100+ Banque Libano-Française (BLF) ATMs without the need for a card or a bank account.
How to Receive Your Salary on Purpl
Purpl ensures that sending and receiving money from 45+ countries is simple:
For the Sender or Employer:
Utilize Paysend or Remitly, link your card, and select Purpl as the recipient.
OR share how you can send money to a Purpl wallet with your employer for details on how to send your salary on Purpl
For the Receiver:
Download Purpl, sign up, verify your identity, and receive your salary instantly. Cash out at nearby ATMs without a bank account or a card
Read more about how you can receive money on Purpl.
Conclusion
The unavailability of Payoneer in Lebanon presents a significant hurdle for freelancers, limiting their access to global work opportunities and hindering their ability to receive payments seamlessly.
Purpl is a great Payoneer alternative for freelancers and remote workers, offering instant transfers, minimal fees, convenient cashout options, and merchant payment capabilities, aligning with the evolving financial needs of Lebanon’s workforce.
Join the multitude of satisfied Purpl users and streamline your money transfers hassle-free to Lebanon. Don’t let outdated services impede your progress or erode your earnings. Make the smart move to Purpl and inform your clients or employers to initiate your salary transfers with ease!
Inform your clients or employer and start receiving your salary the smart way with Purpl! 🧠
Written by: Clara Comito
