What are the fees associated with using a Payoneer Mastercard in Bangladesh?
Payoneer is a popular payment system in Bangladesh, but it’s important to be aware of the associated fees. The annual maintenance fee for a Payoneer Mastercard in Bangladesh is $29.95. For ATM withdrawals, the fee is $3.15 per transaction. If you’re making a purchase in a different currency, there’s a 3.5% currency conversion fee. Additionally, if you’re receiving payments from another Payoneer user, there’s no fee. However, receiving payments from customers via credit card or eCheck incurs a 3% and 1% fee respectively. It’s also worth noting that these fees can change, so it’s always a good idea to check the Payoneer website for the most up-to-date information.