Wow payoneer takes 10% when withdrawing

seo4life said:

how can you have 2 payoneer cards?

Click to expand...

You can have 4 cards. Each for each currency. After you will receive money in euros, you will be able to get free Mastercard in EUR currency, after you will get PAYMENT in GBP, you will be able to get card in GBP currency.

seo4life said:

I was just checking how much i paid to withdraw from payonner on atm card....
They took freaking 90 usd for a withdraw of 1200 usd freaking robbery

Click to expand...

7.5% is too much to have been from Payoneer. You probably let the ATM do the conversion instead of having Payoneer do the conversion. I've seen some ATMs were you have to specifically instruct them to NOT let the bank do the conversion itself.

That said, dude. 7.5% for the pleasure of making money worldwide instead of being a grunt in your country isn't a reason for getting pissed off.

tehnikumapuika said:

Nop, I did withdraw at ATM exactly 3576€ in ~10minutes. You can withdraw 5k euros per day, that's the limit. They took 50 cents per each withdraws.
View attachment 103450

Click to expand...

The limit is quite all right, but your case is different than OP's. You must have an EUR card and withdrew EUR, if you withdraw in the same currency as your card, there's just a minimal fee. If you have an USD card and withdraw EUR like the OP, the fee is $3.15 + up to 3% normally. Payoneer gets $3.15, the rest goes to the bank/Mastercard.

The tricky thing is that you need to select to get charged in the same currency as your card, because if you go with your domestic currency, the bank determines the currency conversion fee, which is always worse. I think there's a setting for this on PayPal too.

Just to complicate things even more, i just got my new card from Payoneer, which is supposed to be an USD card, at least i have USD on it. I linked it to PayPal and to my surprise when i paid for something in USD, the card was charged in GBP. Lol This has never happened before with any of my Payoneer cards since 2008. I'm guessing the card was issued in the UK, which sucks because i pay relatively rarely in brexits.