How much does Payoneer charge for receiving money

Question

Accepted Answer

Payoneer charges 0% to 3.99% plus $0.49 for receiving money, depending on whether the payment comes from another Payoneer user, a receiving account, a marketplace or a client card.

Some incoming payments cost nothing, while others carry a percentage fee. The breakdown below follows the receiving fees listed on Payoneer's official pricing page.

Another Payoneer customer: Receiving money paid from another customer's Payoneer balance is free for the recipient.
Local receiving account, same currency: Funds that arrive in the local currency of the account, such as EUR into a European account or GBP into a UK account, are free to receive.
Local receiving account, different currency: A 1% fee applies when the currency does not match, for example a user based outside the US receiving USD over ACH, with a $1.00 minimum.
Marketplaces and networks: Payouts from platforms such as Upwork, Fiverr or Airbnb cost 0% to 1%, since many integrated platforms load funds for free while others attract a 1% fee.
Client card payments: When a client pays a Payoneer payment request by Visa, Mastercard or Amex card, the fee can reach 3.99% plus $0.49 per transaction.
Client ACH bank debit: Payment requests settled by ACH debit, available to US clients only, carry a 1% fee.

The receiving fee is not the full cost of getting paid through Payoneer. Other charges can apply once the money is in the account.

Withdrawal with conversion: Moving a Payoneer balance to a local bank account that requires a currency conversion, such as USD to INR, includes a currency conversion markup of 1% to 2%.
Withdrawal without conversion: Withdrawing in the same currency usually costs a flat $1.50, though transfers below $400 can trigger a $4 fee.
Annual account fee: Payoneer can charge $29.95 a year on accounts with low activity, with the receiving threshold ranging from $2,000 to $6,000 over 12 months depending on country and account type.

Because rates vary by region and account type, anyone estimating costs should check Payoneer pricing for their own country while logged in to the account, and confirm which receiving method each client or marketplace will use.