Does Payoneer charge any fees?

Yes, Payoneer does charge fees for its services. The fees vary depending on the type of transaction. For instance, receiving payments from another Payoneer customer is free, while receiving payments from clients or marketplaces can range from free to 1% fee. Withdrawing funds to a bank account in a different currency has a 2% fee above the market rate. There are also annual maintenance fees and ATM withdrawal fees. It’s important to review Payoneer’s Pricing and Fees page on their official website for a detailed breakdown.