Payoneer Pricing: Complete Guide on Fee Breakdown
Payoneer charges up to 4% on currency conversion plus withdrawal fees, plus 1% ACH fee, and a $29.95 annual fee if you receive under $6,000 a year. Here's the full breakdown vs Skydo.
vs SkydoEnter your invoice amount to see the difference
— you receive₹4,05,059Payoneer Pricing Overview
Payoneer's pricing in India has three components: a 1-4% withdrawal fee when converting USD to your Indian bank account, a receiving fee depending on how your client pays you, and a $29.95 annual fee if you receive less than $6,000 in any 12 consecutive months.
For marketplace receivables like Amazon, Upwork, and Fiverr, payments arrive directly into your Payoneer balance at no receiving fee. The 1-4% withdrawal fee still applies when you convert to INR.
Payoneer doesn't charge monthly subscriptions.
Payoneer Fees Explained
Payoneer fees stack as receiving fee + withdrawal fee + occasional inactivity fee.
Common cost components for Indian users:
Marketplace integrations
Payoneer's value is its direct integration with Amazon, Upwork, Fiverr, Walmart. Marketplaces typically take their own platform fee on top of Payoneer's FX cost.
Capital advance
Payoneer Capital Advance offers cash against future Amazon receivables, with implicit financing rates.
Payoneer FX and Currency Conversion
Payoneer converts your USD to INR at a marked-up rate, not the mid-market rate you see on Google. This cost is embedded in the 1-4% withdrawal charges. On a $10,000 receivable, that is anywhere between ₹9,500 and ₹38,000 in withdrawal cost depending on your rate.
Skydo charges a flat $29 on the same $10,000 invoice with zero FX markup, meaning you pay roughly ₹2,700 and keep the rest.
For marketplace freelancers on Upwork or Fiverr where Payoneer receives directly at no receiving fee, Payoneer is convenient. For higher-volume B2B exporters and service businesses, Skydo wins on cost.
Payoneer Charges to Watch For
Beyond the headline FX and withdrawal fees, several charges add up:
Annual inactivity fee
$29.95 charged if you receive less than $6,000 in any 12 consecutive months.
Currency hold loss
Holding USD in Payoneer balance carries no interest and is exposed to FX swings until withdrawal.
No automated eBRC
For Amazon Global Selling, eBRC is self-handled, costing time and money.
Settlement timing
Withdrawal to Indian bank takes 2-5 business days.
How Much Does Payoneer Actually Cost? (Real Example)
Indian Amazon Global Selling exporter receiving a $5,000 disbursement on Payoneer vs Skydo. Mid-market: 1 USD = ₹85.
Over 12 monthly disbursements, that is ~₹2.23 lakh saved per year — plus automated eBRC.
For Amazon sellers in particular, Skydo automated eBRC saves dozens of hours per year of manual paperwork.
Payoneer Pricing vs Skydo Pricing
Every fee component, side by side.
| Fee component | Payoneer | |
|---|---|---|
| Transaction fee structure | 1-4% withdrawal fee + 1% ACH receiving fee | Flat $19 / $29 / 0.3% |
| Fee on $1,000 invoice | ~$50 (1% ACH + 4% withdrawal) | $19 |
| Fee on $5,000 invoice | ~$250 (1% ACH + 4% withdrawal) | $29 |
| Fee on $10,000 invoice | ~$500 (1% ACH + 4% withdrawal) | $29 |
| Card receiving (invoice) | 3.20% + $0.49 | 5% flat (InstaLinks) |
| FX margin | 1-4% (not disclosed upfront) | Zero. Live mid-market. |
| Annual inactivity fee | $29.95 (if under $6,000 received/year) | None |
| eBRC (Amazon Global Selling) | ✕ | ✓ Automated |
| Settlement | 2-4 business days | 24-48 hours |
Is Payoneer Worth the Cost for Indian Exporters?
Payoneer is convenient for marketplaces; Skydo wins on cost and Amazon eBRC.
Payoneer is worth it when. You're paid via marketplaces with locked Payoneer integrations (Upwork, Fiverr). You want a multi-currency debit card for travel. You need capital advance against Amazon receivables. You receive small, frequent payments from many clients.
Payoneer stops being worth it when. Your invoices are $1K+ and FX adds up. You sell on Amazon Global and want automated eBRC. You want flat-fee predictability and faster settlement. This is exactly where Skydo fits.
Frequently Asked Questions About Payoneer Pricing
What is Payoneer's effective cost?+
Does Payoneer have an inactivity fee?+
Does Payoneer provide FIRA?+
Does Payoneer automate eBRC?+
Are there volume discounts?+
Should I use Payoneer or Skydo?+
Stop Losing 2-3% on Every Payoneer Disbursement
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