Payoneer MasterCard support on bank ATM machines in Pakistan

I have been using Payoneer MasterCard for fund withdrawal from ODesk.com and Elance.com for more than three years. The very first time I withdrew cash in 2011, I went to several ATM machines belonging to various banks only to discover that they did not support the new shining Payoneer card.

Then I came across MasterCard logo on Payoneer Card and conincidently saw Visa symbol on the ATM machine from which my withdrawal had failed a minute ago. Its then that I realized my mistake, not all ATM machines support plastic money powered by MasterCard and not all machines support plastic money powered by Visa card. The Logo of MasterCard is given below:

Most of the ATM machines in Pakistan support Visa credit and debit card network. You will come across Visa logo on many bank cards and ATM machines,  Visa logo is given below for reference:

So my friends, you should stay away from ATM machines that have only the second logo and that don't have the first logo anywhere on there forehead. Payoneer is powered by MasterCard plastic money network.

The list of banks that support MasterCard is certainly not very extensive. I got only two banks in my knowledge that have ATM machines supporting withdrawals from your Payoneer Account using Payoneer Debit Card. The banks that support Payoneer withdrawals are

1. Standard Chartered Bank
2. Muslim Commercial Bank (MCB)

Bank fee per withdrawal and limit:

1. Both MCB and SCB charge a special withdrawal fee of 200 rupees on each cash withdrawal. Please note that this fee is other than the cash already deducted by Payoneer.
2. There is a maximum withdrawal limit of 20,000 rupees per transaction. This means if you want to withdraw 400 USD which will be almost 40,000 rupees you will have to perform two transactions of 20,000 rupees and pay 400 rupees extra.

This list might be incomplete, please take some time to add more banks to the list.