What percentage does Payoneer take
Payoneer takes between 0% and 3.99% + $0.49 to receive payments, depending on the method, plus up to 3.5% for currency conversion and 2% to 2.75% on some withdrawals.
Because Payoneer pricing differs for each way money enters or leaves the account, the percentage you pay depends on the transaction type and currencies involved.
- Another Payoneer balance: Receiving money from another Payoneer customer's balance is free.
- ACH bank debit: Receiving through ACH debit, available in the US only, costs 1%.
- EU or UK bank account: Payments received from an EU or UK bank account cost 1%.
- Credit card: Payoneer's India fee page lists 2.90% + $0.49 for card payments, and card fees can reach up to 3.99% + $0.49.
- PayPal: Receiving from PayPal, available in the US only, costs up to 3.99% + $0.49.
Sending and withdrawing money from Payoneer carries separate charges:
- Withdrawal to a local bank account: 2% to 2.75%, or a fixed fee in some cases depending on whether currency conversion applies.
- Currency conversion: Up to 3.5% when funds are converted from one currency to another.
- Annual account fee: $29.95 a year, waived if the account receives at least a set amount, usually $6,000, in the year.
To estimate the real percentage on a Payoneer payment, add the receiving fee, any currency conversion fee and the withdrawal fee together, then check the current rates on Payoneer's official fee page for your country.