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freemarket · 03-05-2013, 10:07 AM

After making a Payoneer withdrawal, I noticed some extra fees that I did not see originally on the published fee schedule. After inquiring with support, I learned that Payoneer asseses a three percent fee on all transactions outside of the country where the card was issued, which is Belize. This includes all card transactions or ATM withdrawals. This easily makes Payoneer fees the most expensive in the industry.

I hate hidden fees. If you are thinking about using Payoneer, make sure to build an additional %3 into your cost projections for using the money that you earn.

03-05-2013, 10:07 AM
freemarket Registered User Industry Role: Join Date: Oct 2011 Posts: 67	Payoneer Hidden Fees After making a Payoneer withdrawal, I noticed some extra fees that I did not see originally on the published fee schedule. After inquiring with support, I learned that Payoneer asseses a three percent fee on all transactions outside of the country where the card was issued, which is Belize. This includes all card transactions or ATM withdrawals. This easily makes Payoneer fees the most expensive in the industry. I hate hidden fees. If you are thinking about using Payoneer, make sure to build an additional %3 into your cost projections for using the money that you earn.