Understanding Payoneer Transaction Fees

Contractors may face fees when using Payoneer. Clients can cover these fees, which include a 2.5% FX fee and a $3 USD transaction fee.

When processing contractor invoices through Payoneer, transaction fees may apply. Clients have the option to cover these fees at the time of invoice review. If selected, the fee amount is automatically added to the total invoice value, ensuring the contractor receives the full invoiced amount after deductions.

Fee Structure Overview

Typically, the additional fee added for clients who opt to cover Payoneer's charges includes:

• A fixed fee of 2.5% for currency exchange (FX)
• A flat transaction fee of $3 USD

This helps contractors avoid losing part of their payment due to processing fees.

What Happens If Clients Do Not Cover the Fee?

If the client chooses not to cover Payoneer’s transaction fees, the fees will be deducted from the total payment received by the contractor. This means the contractor will receive less than the full invoiced amount.

Best Practices

• Clients should clearly communicate with contractors about fee responsibilities before processing payments.
• Contractors should review payment receipts to confirm the final amount received after deductions.