What are the differences between Payoneer and PayPal in terms of fees?

Payoneer and PayPal are both popular online payment systems, but they have different fee structures. 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 1.5% international transfer fee. On the other hand, Payoneer charges a $3 flat fee for local bank transfers and a $15 fee for USD SWIFT transfers. Receiving payments from another Payoneer account is free, but there’s a 1% fee for payments received from a credit card. Payoneer also charges a $29.95 annual maintenance fee. It’s important to note that these fees can change and may vary based on your specific situation, so it’s always a good idea to check the latest fees on the Payoneer and PayPal websites.