What are the transfer fees associated with Payoneer?

Payoneer’s transfer fees can vary depending on the type of transaction. For instance, receiving payments from another Payoneer customer is free. However, receiving payments from customers via credit card can attract a fee of 3%. If you’re receiving payments directly from a company, the fee can range from 1% to 3%. For currency conversion, Payoneer charges up to 2% above the market rate. When it comes to withdrawing funds, transferring to a bank account in a different currency can attract a fee of up to 2% above the market rate, while transferring to a bank account in the same currency is typically $1.50 USD per transfer. It’s always best to check Payoneer’s fee information on their website for the most accurate and up-to-date details.