What is the annual fee for Payoneer?
Payoneer does not charge an annual fee. However, they do have other fees associated with their services. For instance, if you are receiving payments from another Payoneer customer, it’s free. But if you’re receiving payments from customers who pay using a credit card, there’s a 3% fee. Receiving payments from marketplaces and networks is also free. For currency conversion, Payoneer charges up to 2% above the market rate. If you’re withdrawing money to a bank account in a different currency, the fee is up to 2% above the market rate. If you’re withdrawing to a bank account in the same currency, the fee is $1.50. It’s important to check the Payoneer fees page or contact their customer service for the most accurate and up-to-date information.