What are the charges for Payoneer versus PayPal?
When comparing Payoneer and PayPal, it’s crucial to consider the charges associated with each platform. Payoneer charges a flat fee of $3 for USD transfers and €1.50 for EUR transfers. They also charge a 2% currency conversion fee. On the other hand, PayPal charges a fee of 2.9% plus $0.30 per transaction for sales within the US. For international sales, the fee is 4.4% plus a fixed fee based on the currency received. PayPal also charges a 2.5% currency conversion fee. Therefore, while Payoneer has a flat fee, PayPal’s fees can add up depending on the volume and size of your transactions.