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$3 Payoneer fee is meaningless?


editoraarif

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Posted

Sorry for my english 🙏

Hi guys,
Whenever I transfer my Fiverr revenue to Payoneer. Then it’s cut $3 as a Payoneer fee.

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Any solution?

Posted

All transactions on Fiverr take place in US dollars.

Therefore if you live outside of the US (like I do) you need to consider the exchange rate and the fees charged by your intermediary transfer service - such as Payoneer, PayPal or direct bank transfer.

All these services will charge you a transfer fee. Remember, these are all businesses wanting to make money from you (and me).

$3 on $72 is about 4% which is reasonable. There is no way to avoid such fees.

Posted

All transactions on Fiverr take place in US dollars.

Therefore if you live outside of the US (like I do) you need to consider the exchange rate and the fees charged by your intermediary transfer service - such as Payoneer, PayPal or direct bank transfer.

All these services will charge you a transfer fee. Remember, these are all businesses wanting to make money from you (and me).

$3 on $72 is about 4% which is reasonable. There is no way to avoid such fees.

It’s also possible to just withdraw when you have more money in the wallet if you want to avoid overspending on fees.

Posted

It’s also possible to just withdraw when you have more money in the wallet if you want to avoid overspending on fees.

They always cut $3. If doesn’t matter if I withdraw $100 or $500

Posted

They always cut $3. If doesn’t matter if I withdraw $100 or $500

Which is why what I said makes sense. Save up and withdraw $500, then the percentage they take is way lower. Or do what you want 🙂

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