Does Payoneer charge annual fee
Yes, Payoneer charges an annual account fee of $29.95 USD, but the fee is waived when your account receives enough payments within 12 consecutive months.
The annual account fee applies to all Payoneer customers as an account maintenance charge, and it is only collected when incoming payment volume stays below the required level.
- Fee amount: The standard annual account fee is $29.95 USD per year.
- Waiver threshold: Payoneer's India pricing page says the fee is charged only if you receive less than 6,000 USD, or the equivalent, in any 12 consecutive months. In some other regions or account types, the threshold is lower, at around 2,000 USD.
- Billing timing: Where it applies, the fee is usually billed 12 months after you register, then each year after that while your received volume stays under the limit.
- Payoneer card: Ordering a Payoneer card does not change the annual account fee, though holding an active physical Payoneer Prepaid Mastercard may bring a separate annual card fee depending on your card agreement.
Because the waiver threshold differs by region, check the Payoneer pricing page for your country or the annual fees FAQ in the Payoneer Support Center after signing in, since both show the rules that apply to your account.