Keeping our fees transparent
Let’s start with our fees – which we believe should be fair and transparent. Lower fees mean you keep more of what you earn.
If recipient has a Payoneer account
You can send funds to other Payoneer customers directly from your balance.
Free *
* In limited territories, a transaction fee may apply. In addition, when making a payment with currency conversion, a conversion fee will apply.
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If recipient doesn’t have a Payoneer account
If the recipient is not a Payoneer customer, you can still pay them directly from your Payoneer balance to their bank account via bank transfer.
A lower fee is available for higher-earning customers.
Up to 3%
of transaction amount
For customers located in the USA, United Kingdom or European Union
For payments to a recipient’s bank account, in local currency, when the total amount of withdrawals and payments made in a single calendar month is up to 50,000 USD , GBP or EUR.
If the bank account:
- Is in the same currency as your balance and
- Is in a country where the withdrawing currency is the local currency and
- Is in the same country that you have listed in your Payoneer account
Example: Payoneer account registered in USA -> USD balance -> USD bank account, where the recipients bank is in the USA
1.50 USD
USD to USD payments
1.50 EUR
EUR to EUR payments
1.50 GBP
GBP to GBP payments
For payments to a recipient’s bank account in local currency when the total amount of withdrawals and payments made in a single calendar month is over 50,000* USD, GBP, or EUR
If the bank account:
- Is in the same currency as your balance and
- Is in a country where the withdrawing currency is the local currency and
- Is in the same country that you have listed in your Payoneer account
0.5%
of total withdrawal amount
USD to USD withdrawal
0.5%
of total withdrawal amount
EUR to EUR withdrawal
0.5%
of total withdrawal amount
GBP to GBP withdrawal
Example: You withdraw $40,000 USD on 5th of January and pay a flat fee of $1.50. On 10th January you make a payment to a recipient’s bank account for $10,000 and pay a flat fee of $1.50 ($50,000 cumulative month-to-date). On the 20th January you withdraw $1,000 and pay a $5 fee (at the new rate of 0.5% for transactions above $50,000 in a calendar month). At the beginning of the next calendar month, the threshold resets.
FAQs
Payoneer enables you to make business payments, using funds from your Payoneer balance, to: other Payoneer customers (you can also get paid by other Payoneer customers, similarly. suppliers, contractors, remote employees, and other recipients who are not using Payoneer.
Can I use Payoneer as payment method? ›
Payoneer enables you to make business payments, using funds from your Payoneer balance, to: other Payoneer customers (you can also get paid by other Payoneer customers, similarly. suppliers, contractors, remote employees, and other recipients who are not using Payoneer.
How to pay someone using Payoneer? ›
- Register for a Payoneer account or sign in to your existing account.
- Navigate to 'Pay > Make a Payment' and choose another Payoneer account or bank account.
- Enter the necessary information, review the details and then click Pay.
Can you transfer money from Payoneer to PayPal? ›
You cannot directly withdraw money from Payoneer using PayPal or Venmo. Payoneer is a payment platform that allows you to receive and send money internationally, and it is not connected to PayPal or Venmo. However, you can withdraw money from Payoneer to your bank account and then transfer it to PayPal or Venmo.
Can I transfer money from my Payoneer account to another account? ›
You can send funds to other Payoneer customers directly from your balance. * In limited territories, a transaction fee may apply. In addition, when making a payment with currency conversion, a conversion fee will apply.
Can I withdraw all my money from Payoneer? ›
How much money can I withdraw? You can make up to 30 withdrawals daily with a $5000 Daily limit. You can make up to 30 point of sales transaction daily with $2500 daily limit.
Which website pays through Payoneer? ›
Amazon, Fiverr, eBay, and more, connect with Payoneer seamlessly. For businesses and freelancers, it's a secure, smart, and efficient way to get paid by marketplaces, use your funds, and withdraw locally.
Can I use Payoneer account instead of PayPal? ›
Payoneer's services are often preferred over PayPal as a solution for international money transfers and mass payments. Unless you need a payment gateway. In this case, PayPal is your answer. Ultimately, your business needs should dictate the type of payment solutions service you choose.
How do I send a payment link from Payoneer? ›
How do I send payment requests to my clients using Payoneer? To request a payment, click on "Get Paid" in the main menu in your Payoneer account and choose "Request a payment". Fill out the payment details and submit the request.
Can I pay someone on Payoneer without an account? ›
Yes – you can still fulfill payment requests from Payoneer users even without a Payoneer account.
The Payoneer Calculator Formula
Transaction Amount | Fee |
---|
$10 | $4.10 |
$50 | $5.50 |
$100 | $6 |
What is Payoneer's virtual card? ›
The Payoneer card is a physical or virtual business credit card that you can associate with the USD, EUR, GBP, or CAD balances in your Payoneer account. The virtual card can be used to purchase online, and the physical card can be also used in stores and ATMs anywhere Mastercard® is accepted.
Can I pay with PayPal on Payoneer? ›
All you need to do is send them the bill, and they can choose PayPal from their payment options. Plus, it comes with competitive PayPal rates when paying via Payoneer.
Can I send money from Payoneer to Western Union? ›
Not directly. What you could use is the POS terminal or an ATM withdrawal using your Payoneer card to send money using Western Union. As of my last knowledge update in January 2022, Payoneer doesn't directly support transferring funds to Western Union.
How long does it take to transfer money from Payoneer to bank account? ›
Payoneer funds sent via their global bank transfer service are generally available in your bank account within 1-3 business days for local bank transfers, and 1-7 business days for wire transfers.
How do I transfer money from PayPal to Payoneer card? ›
Here is how to transfer money from Paypal to Payoneer:
Open the drop-down menu and go to Payments. In the Bank section, click on “Link a new bank”. In this step you will need to include the routing number and Payoneer account. Select “Accept and link”.
What is funds available on my Payoneer card? ›
What does “funds available on my card” mean? Each day we make funds available on your card to spend online/in-store or withdraw from ATMs, up to a set maximum. You can never spend more than that amount, regardless of how you set up daily spending limits.
How do I use my Payoneer card? ›
How do I use the card? The Payoneer card works just like any other Mastercard. The card is accepted worldwide, wherever Mastercard is accepted electronically. You can use it to withdraw cash at ATMs or to make purchases, both online and in stores.