What percentage does Payoneer take for transactions?
Payoneer charges a fee of up to 2% above the mid-market rate for currency conversion. However, the exact fees can vary depending on the nature of the transaction. For receiving payments from another Payoneer customer, it’s free. For receiving payments via credit card, the fee is 3% while for eChecks it’s 1%. It’s always recommended to check the latest fee structure on the Payoneer website.