What are the charges for using Payoneer?
Payoneer charges vary depending on the type of transaction. For receiving payments from another Payoneer customer, it’s free. However, for receiving payments from customers via credit card, there’s a 3% fee. If you’re receiving payments via eCheck (USD), the fee is 1%. Withdrawing funds to a bank account in a different currency has a conversion rate of up to 2% above the market rate. For withdrawals to a bank account in the same currency, the fee is $1.50. It’s important to note that these rates are subject to change and it’s always best to check the Payoneer website for the most current information.