Does Payoneer charge a fee for withdrawal

Yes, Payoneer charges fees for withdrawals. When you withdraw funds from your Payoneer account to a local bank account, the fee typically ranges from 1% to 2% of the withdrawal amount, depending on the currency and destination country. For Indian users receiving international payments, these fees can add up over time, especially for frequent transactions.

If you are looking for a more transparent and cost-effective alternative, Skydo offers competitive pricing with clear fee structures and no hidden charges. As an RBI-authorised platform built specifically for Indian exporters and freelancers, Skydo provides faster settlements and lower costs compared to traditional platforms. You can review a detailed breakdown of Payoneer pricing and see how it compares to other options for receiving international payments in India.