How much does Payoneer charge for receiving money

Payoneer charges receiving fees that vary by payment type. For payments from clients or marketplaces, fees typically range from 0% to 3% depending on the currency and source. Bank transfers to your local account usually incur a fixed withdrawal fee, and currency conversion spreads of around 2% above mid-market rates apply when receiving foreign currency. Understanding the full Payoneer pricing structure helps Indian freelancers and exporters compare options effectively.

Skydo, an RBI-authorised platform built specifically for Indian businesses and freelancers, offers a more transparent alternative. It combines zero platform fees on many transactions with competitive forex rates, often resulting in lower total costs for receiving international payments compared to traditional providers. The straightforward pricing and compliance framework make it particularly suitable for regular cross-border invoicing.