Payoneer introduces another stupid fee

ChocolatePie

ChocolatePie

Junior Member
Joined
Jul 8, 2024
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Transfers between Payoneer accounts are not free anymore. Now, you need to pay $4 fee for transfers lower than $400.

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$4 fee is not a minor fee. It was free, and now it's $4, if it was $1, it would be more understandable
 
This time they crossed the line, $4 fee for any kind of transfer is way too much compared to transfers between PayPal accounts for example.
 
New policy again and the best if for users/business owners to adjust because Payoneer is one of those platforms that you need for 1 thing or the other!
 
Man, I`m 9 years with them(no other options available) and they're getting worse and worse over the years. Fees, taxes, users data leak in 2021 or 2022...

Sick and tired.
 
I only use it because I have no other option on certain freelance marketplaces. If it was not up to that no one would use their over priced mediocre services.
 
artemv1095 said:
Man, I`m 9 years with them(no other options available) and they're getting worse and worse over the years. Fees, taxes, users data leak in 2021 or 2022...

Sick and tired.
Click to expand...
Special condolences to our colleagues from countries with high income taxes, like Canada, Germany, and the Scandinavian countries, especially if they earn decent amounts through Upwork and, for some reason, use Payoneer for withdrawals. The whole process feels like a robbery at every stage: Upwork’s fees, Payoneer’s fees for deposits and withdrawals, their bank’s fees for receiving payments and currency conversion, and finally, a 30-55% income tax. By the end of it, the poor person might be left with only 35% of what they earned through their hard work.
 
artemv1095 said:
Special condolences to our colleagues from countries with high income taxes, like Canada, Germany, and the Scandinavian countries, especially if they earn decent amounts through Upwork and, for some reason, use Payoneer for withdrawals. The whole process feels like a robbery at every stage: Upwork’s fees, Payoneer’s fees for deposits and withdrawals, their bank’s fees for receiving payments and currency conversion, and finally, a 30-55% income tax. By the end of it, the poor person might be left with only 35% of what they earned through their hard work.
Click to expand...
Damn. When you put it that way
 
Ugh, that's annoying! I guess it was only a matter of time before they started squeezing more fees out of us.
 
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