Wow payoneer takes 10% when withdrawing

[OpalaMutaa]

It's not 10% . And your client can pay the transaction fees if you send the invoice to them. And at the time of withdrawal to the bank, they don't charge any amount.

 

[rickydzine]

They have their fees somewhere on their website, it's $3.15 + ~1-3% or something like that. The multi-links charge in my case an extra $5 and then currency conversions take their bit as well.

 

[MikeyMikey13]

Dude... why are you withdrawing your money with Payoneer in Euros.

The bank charges heavy for all mastercard/currency conversions. Your best bet could be selling the dollars at a travel agent, or using the money to fund any of your online projects. Withdrawing it is like burning money.

You may find a golden ATM with low fees, but you need to shop around for this.

 

[sandrine10]

not 10% are u sure is not the bank?

 

[rinti]

Use Transferwise. I switched to them because of Payoneer high fees.

They also have mastercard and US details to receive money from Amazon for example.

 

[seo4life]

Use Transferwise. I switched to them because of Payoneer high fees.

They also have mastercard and US details to receive money from Amazon for example.

can you withdraw from paypal?

 

[rinti]

can you withdraw from paypal?

Yes you can.

Mastercard is only for EU though.

 

[seo4life]

what do you mean? You can withdraw only in Europe? Is this European company?

 

[rinti]

what do you mean? You can withdraw only in Europe? Is this European company?

It is a UK company.

No, you can withdraw to anywhere in the world(to a bank account), but if you want to use their mastercard, you have to be from Europe. The mastercard itself can be used everywhere in the world, but to get it you have to be from Europe.

Unlike Payoneer they do not charge a fee per year for the card nor do they charge a fee if you lose the card and need a replacement as Payoneer does.

 

[moonshine7000]

It depends on the bank you go to.For me I get charged about $3.14 US per transaction at the ATM.

 

[seo4life]

how you can withdraw from paypal, because paypal wants you to add bank from your country, and this is uk bank....i wonder....

 

[raunaksn]

Preety sure they only charge 0.4%

 

[aqibarif74]

Well. Payoneer is best. At least better than PayPal.

If you're withdrawing a different currency other than your card`s.

You must pay the conversion rate and that is NOT being charged by Payoneer.

P:S Only If you use their ATM their direct bank transfer conversion rate is very low like 2%

 

[rinti]

how you can withdraw from paypal, because paypal wants you to add bank from your country, and this is uk bank....i wonder....

You can withdraw from PayPal US, UK, AU and Germany, they provide bank details for these countries

 

[seo4life]

welli i hope i will not pay 8% anymore.....i will try this company thanks

 

[0x29a]

Make sure the fee doesn't come from a bank. I tried using dollar based ATM for Payoneer from a different bank, that cut the fees for about 30-40%. I also had a card from Bank of America and used it in Europe, each withdrawal or purchase in a store cost me about $20-$30 in fees.

 

[longgone]

Are you doing something illegal? Both Payoneer, and PayPal have provisions set up for your specific country.

 

[Jinyus]

Some banks charge a fee when you withdraw from cards from other banks/companies

 

[onlinework]

That's not true for sure.

 

[TinyFox]

I withdrew maximum time in my local bank but didn’t any get cash back