What are the costs associated with using Payoneer?
Payoneer offers a variety of services, each with its own associated costs. For receiving payments from another Payoneer customer, it’s free. However, for receiving payments via credit card, there’s a 3% fee. Receiving payments from marketplaces and networks incurs a 1% fee. Withdrawing funds to a bank account in a different currency is subject to a 2% above the market rate fee. However, if you’re withdrawing to a bank account in the same currency, the fee is up to $1.50 USD. There’s also an annual maintenance fee of $29.95. It’s important to note that these fees can vary depending on your location and the specific services you use.