Does Payoneer have any associated fees?
Yes, Payoneer does have associated fees. These fees can vary based on the type of transaction. For instance, receiving payments from another Payoneer customer is free. However, receiving payments from customers via credit card can incur a fee of up to 3%. Additionally, withdrawing funds to a bank account can also have a fee, which can be up to 2% above the market rate. It’s important to note that these fees can change and it’s always a good idea to check the latest fee structure on the Payoneer website.