Which is more cost-effective, PayPal or Payoneer?

The cost-effectiveness between PayPal and Payoneer largely depends on the specific transaction type and the countries involved. Generally, PayPal charges a fee of 2.9% plus a fixed fee based on the currency for sales within the US. For international sales, it’s 4.4% plus a fixed fee. Payoneer, on the other hand, charges 1% for receiving payments from a Payoneer account and 2% for receiving payments via credit card. However, Payoneer charges a $3 fee for transfers in USD to a bank account outside the US, and a 2% fee for transfers in other currencies. Therefore, for smaller transactions or transactions within the US, PayPal may be cheaper, but for larger transactions or international transfers, Payoneer could be more cost-effective. Always check the current fees on the official websites as they may vary.