Payoneer fees explained: what you pay in 2026

Payoneer charges a US account 1% of the payment, with a minimum fee of $1.00, to receive money into a receiving account in a currency that is not your own, and nothing when the currency matches. The cost of a Payoneer payment is really two questions — what it costs to arrive, and what it costs to leave. This guide answers both, with examples computed by the same engine as the Payoneer fee calculator. Every figure is quoted from Payoneer's official pricing page, marked by the platform as last updated on 1 January 2026 and verified here on 3 September 2026.

What it costs to be paid

Payoneer prices receiving by the route the money takes, not by who sent it.

Payoneer writes the card and PayPal fees as ceilings — "up to" — so a given transaction may cost less. The calculator uses the ceiling: an estimate that can only be wrong in your favour is the useful kind.

On a $100 payment into a receiving account in another currency, the fee on $100.00 is $1.00 and you keep $99.00, an effective rate of 1%.

The minimum is the rule that surprises people: not 1% or $1.00, whichever is smaller, but whichever is larger. Every receipt under $100 costs the same dollar.

On a $50 payment, where the minimum applies instead, the fee on $50.00 is $1.00 and you keep $49.00, an effective rate of 2%.

A card payer is a different order of cost:

On the same $100 paid by card, the fee on $100.00 is $4.48 and you keep $95.52, an effective rate of 4.48%.

What it costs to take the money out

Payoneer charges again when the balance moves to a bank account:

• Same country, same currency — $1.50 per withdrawal, in supported countries.
• The recipient's local currency, no conversion — 1.2% to 4%.
• Another currency, with a conversion — 1.2% to 4%. Some countries add a minimum of up to $20.00.
• Between your own Payoneer balances — 0.50%.

Payoneer publishes those two rows as a range rather than a rate, and does not say which corridor gets which end. The calculator starts at the 4% ceiling and lets you type the rate your own statement shows; do not read 4% as the Payoneer withdrawal rate.

On $1,000 received in your own currency and withdrawn with a conversion at the 4% ceiling, the fee on $1,000.00 is $40.00 and you keep $960.00, an effective rate of 4%.

Where both apply, the withdrawal is charged on what reached the balance, not on what the client sent, so the two do not simply add up. The calculator models it that way.

One line sits outside any single payment: an annual account fee of $29.95, charged only if the account receives less than $6,000.00 or the equivalent in any 12 consecutive months.

Working out what to invoice

Adding 1% to an invoice does not cover a 1% fee, because the fee is charged on the larger amount you end up billing.

To keep $1,000.00 you charge $1,010.10, and the fee is $10.10.

The calculator's "I want to net" mode solves that for any amount, route and withdrawal.

What this guide leaves out

Three published costs are deliberately absent. Payoneer card fees — the annual charge for the physical or virtual card, its ATM withdrawals and its point-of-sale charges — are a separate product. The monthly withdrawal tier for some US customers is a note on the same page: depending on registration date, the $1.50 withdrawal applies up to $50,000.00 a month, after which a percentage fee of up to 0.5% applies. And marketplace rates cannot be modelled at all: Payoneer prices payments "from marketplaces and integrated platforms" as "varies by marketplace", so the number lives in the marketplace's own terms. If Upwork, Fiverr or Amazon pays you through a receiving account, the rows above are the closest published equivalent, not a quote.

When these rates last changed

Payoneer marks its pricing page as last updated on 1 January 2026, the effective date used here. That is the first entry in the Payoneer fee changelog, where every later change is recorded with its date and the rule affected.

The schedule is marked medium confidence: Payoneer's help-centre pricing article covers only a 2023 change to the minimum-fee criteria and restates none of these rates, so no independent source corroborates them. The methodology explains that judgement, and the schedule is quoted line by line, with the verbatim source text behind every rule, in the calculator's fee table. If a figure here disagrees with what Payoneer shows you, report it.

Frequently asked questions

Is Payoneer free to receive money?

In two cases, yes: from another customer's Payoneer balance, and into a receiving account in your own local currency. A receiving account in a different currency costs 1% with a $1.00 minimum, and a payer using a card or PayPal costs up to 3.99% plus $0.49.

Why was I charged $1.00 on a small payment?

Because 1% has a floor. Payoneer's rate is "1% (minimum fee of 1.00 USD or equivalent)", so anything under $100 received in a non-local currency is charged the flat dollar instead.

How much does Payoneer charge to withdraw to a bank account?

$1.50 to a bank account in your own country and currency, in a supported country. Otherwise Payoneer publishes 1.2% to 4% rather than a single rate, with a minimum of up to $20.00 in some countries.