Payoneer
Official Payoneer pricing ↗Cross-border B2B receiving and treasury platform: local receiving bank accounts (USD, EUR, GBP, CAD, AUD, JPY, SGD, HKD, CNH, AED), marketplace payouts, client billing requests and international bank withdrawals in 190+ countries. A receiving tool, not a website checkout gateway.
Payoneer at a glance
Payoneer is a global cross-border payments, receiving, and payout platform used by over 5 million freelancers, digital agencies, exporters, and marketplace sellers across 190+ countries. Its core offering is the Global Payment Service: Payoneer issues you local receiving bank routing and account numbers in major currencies (USD, EUR, GBP, CAD, AUD, JPY, SGD, HKD, CNH, and AED). International corporate clients and platforms can pay you via domestic bank transfer (such as US ACH, Eurozone SEPA, or UK Faster Payments) as if you had a local bank account, avoiding expensive international SWIFT wire charges on their side.
It is essential to understand the difference between a payment gateway and a receiving provider: Payoneer is NOT a consumer website card checkout gateway. You cannot embed standard Payoneer receiving accounts into an e-commerce checkout (like Shopify or WooCommerce) to charge retail shoppers' credit cards in place of Stripe, WiPay, or Moneris. Instead, Payoneer operates one step later in the payment chain: as a direct B2B invoicing tool for corporate clients, as a payout destination for international freelance marketplaces (Upwork, Fiverr) and e-commerce platforms (Amazon, Walmart, eBay), and as a multi-currency treasury account to hold funds and withdraw them to your local bank.
Fees below reflect Payoneer's published standard fee schedule as of November 2026. Because bank withdrawal fees, small-transaction thresholds, and card processing surcharges vary slightly by merchant registration country and monthly volume tier, always confirm your exact country schedule inside your Payoneer dashboard.
Primary source: Payoneer official pricing schedule (reviewed 2026-11-06). Always verify country-specific terms on the provider's site.
Published fee breakdown
Headline rates verified from Payoneer's official documentation. Exchange rate margins and domestic withdrawal fees apply upon local bank transfer.
Receiving payments (inbound)
| Service & scope | Published fee |
|---|---|
| Local receiving accounts via Global Payment Service (EUR, GBP, CAD, AUD, JPY, SGD, HKD, CNH, AED)Local bank transfers from companies in the matching currency (SEPA in Europe, Bacs/FPS in the UK, EFT in Canada, etc.) | 0% (Free) |
| US local receiving account (USD via ACH bank transfer)ACH transfers from US companies; 0% for select marketplace partners, standard 1% on direct client ACH | 0% – 1% |
| Client Payment Request paid by credit card (Visa, Mastercard, Amex)Client pays your digital invoice request using a credit card; payer or merchant pays fee | 3.00% (up to 3.99% for Amex / non-standard cards) |
| Client Payment Request paid via US ACH bank debitClient authorizes a direct bank debit from their US bank account | 1.00% |
| Client Payment Request paid via UK / EU local bank transferClient initiates a local domestic bank transfer to your local receiving details | 1.00% (or 0% via receiving account) |
| Marketplace payouts (Amazon, Upwork, Fiverr, Airbnb, Walmart, eBay)Varies by marketplace contract; platforms like Upwork charge $2/withdrawal, Amazon charges standard partner tier | 0% – 2% |
| Payoneer-to-Payoneer balance transferTransfers between Payoneer account holders globally; select developing corridors carry $4 flat under 400 units or 1% | Free (0%) |
Withdrawals, payouts & currency conversion (outbound)
| Service & scope | Published fee |
|---|---|
| Local currency bank withdrawal (with currency conversion)Applied when withdrawing USD/EUR/GBP into your local currency bank account (e.g. JMD, TTD, NGN, KES, BRL, PKR) | Up to 2.0% – 2.5% above mid-market FX |
| Same-currency bank withdrawal (e.g. USD balance to local USD account)Standard flat fee for withdrawing without conversion in supported corridors (< $50k/mo volume tier) | $1.50 / €1.50 / £1.50 flat fee |
| Small withdrawal surcharge (withdrawals under $400)Applies in select countries when withdrawing small amounts to local banks | $4.00 flat fee |
| Wire transfer to local USD bank account via SWIFTApplies in jurisdictions where local clearing is unavailable and funds must be routed via international SWIFT wire | ~$15 flat + intermediary bank fees |
Payoneer Commercial Mastercard & account maintenance
| Service & scope | Published fee |
|---|---|
| Card purchases in matching currency (USD, EUR, GBP, CAD)Paying for SaaS, hosting (AWS, Cloudflare), and advertising (Google, Meta) in the card's native currency incurs no fee | 0% (Free) |
| Card purchases in foreign / non-native currencyCross-border transaction fee applied when the merchant's charging currency differs from your card's balance currency | Up to 3.5% FX markup |
| ATM cash withdrawalFixed per-withdrawal fee; currency conversion applies if withdrawing in local currency from a foreign-currency balance | $3.15 / €2.50 / £1.95 per withdrawal (+ up to 3.5% FX) |
| Annual account inactivity feeCharged only if total payments received across your account are less than $2,000 USD (or equivalent) in a 12-month period | $29.95 / year |
| Monthly subscription / account maintenance feeStandard pay-as-you-go account; no recurring monthly plan fees | $0 / month |
| Account opening & setup feeFree to apply and verify | $0 |
Coverage & who it serves
Local receiving bank account details available in 9+ major currencies: US Dollar (USD), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), Singapore Dollar (SGD), Hong Kong Dollar (HKD), Offshore Chinese Yuan (CNH), and UAE Dirham (AED).
Bank withdrawals supported in 190+ countries and territories across 150+ local currencies, enabling merchants to transfer funds directly into local commercial banks.
Crucial financial infrastructure for businesses, remote teams, and digital service exporters in emerging markets—including the Caribbean (Jamaica, Trinidad & Tobago, Barbados, Dominican Republic, Bahamas), Africa (Nigeria, Kenya, Ghana, South Africa, Egypt, Morocco), Latin America (Argentina, Colombia, Peru, Brazil, Mexico), and South/Southeast Asia (Pakistan, Bangladesh, India, Philippines, Vietnam)—where direct Stripe merchant onboarding is unavailable and local banks charge $25–$50 per incoming SWIFT wire.
If you need an online checkout payment gateway to charge customer credit cards on your website, pair Payoneer with a regional card processor (see our USD, EUR, GBP, JMD, TTD, and NGN gateway comparison pages).
What to weigh before onboarding
- Payoneer is a receiving and payout platform, not an online shopping cart gateway: use it to collect marketplace earnings (Amazon, Upwork, Fiverr), bill B2B clients via payment requests, and manage international business funds—not for instant e-commerce retail checkout.
- The 2.0% currency conversion margin on local bank withdrawals is usually your single largest expense: if you withdraw $5,000 USD into your local currency, Payoneer's FX margin will cost roughly $100. Whenever possible, keep funds in USD/EUR/GBP to pay international software, hosting, ad spend, or overseas contractors directly.
- Use the Payoneer Commercial Mastercard for business expenses: spending directly in USD, EUR, or GBP on tools like Google Ads, Meta Ads, AWS, GitHub, or Figma has a 0% fee, completely bypassing the 2% bank conversion fee.
- Encourage US clients to pay via ACH bank transfer (1%) rather than credit card (3%–3.99%): on a $3,000 client invoice, paying via ACH costs $30 vs $90–$120 via credit card, saving $60 to $90 per transaction.
- Batch your bank withdrawals: because same-currency withdrawals have a flat fee ($1.50 to $4.00) and SWIFT wires have fixed fees, withdrawing once or twice a month instead of daily preserves more of your revenue.
- Monitor the $2,000 USD annual receiving threshold: Payoneer deducts a $29.95 annual fee if your account receives less than $2,000 USD over 12 consecutive months. If you no longer use your account, withdraw your remaining balance and close the account to prevent unexpected charges.
Payoneer frequently asked questions
Is Payoneer a payment gateway?
No. Payment gateways like Stripe, WiPay, or Moneris collect card payments on a website at checkout. Payoneer is a cross-border receiving and payout platform: it issues local receiving bank accounts (in USD, EUR, GBP, CAD, AUD, JPY, etc.), receives marketplace earnings, and enables B2B client payment requests. The two are complementary, not competing.
How does Payoneer compare with PayPal for receiving money?
PayPal is built primarily for consumer retail checkout with high brand recognition, but charges 3.49%–4.99% + fixed fee, plus a 1.5% international surcharge and a 3%–4% currency conversion spread. Payoneer is designed for B2B client payments and marketplace disbursements, offering lower fees (1% on US ACH, free for local EUR/GBP transfers, ~2% FX spread) and local receiving bank details that let payers send domestic transfers.
What does it actually cost to withdraw Payoneer money into my local bank?
If you withdraw funds to a local-currency bank account (e.g. converting USD to JMD, TTD, NGN, or KES), Payoneer charges a currency conversion margin of roughly 2.0% (up to 2.5% in some corridors) above the mid-market interbank exchange rate. If you withdraw USD into a local USD-denominated bank account without currency conversion, a flat fee ($1.50 flat in core countries, or $15 SWIFT wire fee if international routing is required) applies.
When does Payoneer charge the $29.95 annual inactivity fee?
Payoneer charges an annual fee of $29.95 USD only if you receive less than $2,000 USD (or equivalent) in total payments during a consecutive 12-month period. If you actively use the account and receive at least $2,000/year, the fee is completely waived.
Can I connect Payoneer to Shopify or WooCommerce?
Not as a direct credit card payment gateway. Customers cannot enter their credit card into Payoneer on a standard e-commerce checkout page. However, you can use Payoneer as the receiving bank account for marketplaces (like Amazon or eBay) or connect Payoneer's USD receiving details to gateways like 2Checkout to settle card proceeds.
Looking for general payment processing questions? Browse our 16 payment FAQs or 32-term glossary. Figures are for comparison only; see our disclaimer.