Payoneer MasterCard has various methods of withdrawing & funding methods for which there are various charges & fees, as well. If you’re new to Payoneer or you wanna know about Payoneer MasterCard fees then you’re here in the right place. We’re going to take you through the following fees table that will help you understand their Charges & Fees cycle.
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In the below table, we’re presenting you how much you’ll have to pay to Payoneer if you use their Prepaid Debit MasterCard or in other words, how much Prepaid MasterCard will charge you if you use it.
|Payoneer Prepaid MasterCard||Fees||Description|
|Card Annual Activation||$29.95||Payoneer issues a Prepaid Debit MasterCard which will charge you each year & you can use that card at any MasterCard supported ATMs for withdrawing your money or paying for anything in Stores.|
|Card Replacement||$12.95||If your card is lost, stolen or expired. Payoneer will charge you separate card replacement fee.|
|Online or In Stores Purchases||$0.00 (Free)||Either you shop online or in stores, it's free of cost with MasterCard.|
|ATM Withdrawal||$3.15||Each time you withdraw your money from your MasterCard using any ATMs, Payoneer will charge you the listed amount & another fee from the bank side is set by the bank or the ATM owner.|
|ATM Decline||$1||ATM Decline fee is $1.|
|ATM Balance Inquiry||$1||Payoneer charges $1 for each balance inquiry.|
In the below table, you can learn how much you will have to pay to Payoneer if you make any payment worldwide or any of your clients or anyone else make payment to you.
|Global Payment Service||1%||Please note that Payoneer gives you a unique Global Payment Service details so you can use it to receive funds from anywhere in the world free of cost but if you're funding your account in USD, then you'll have to pay 1%|
|Direct Payments From Customers||Up to 3%||If you request a payment from any of your clients directly from your Payoneer account through request a payment then there are three types of ways your client can use to pay to you. 1 is free (If your client is already Payoneer account holder & pays you from his Payoneer account) & two ways are paid.
If your client pay you using Credit Cards (MasterCard, Visa Card etc) then the fee will be 3% while if he chooses to pay you using eCheck(USD) then the fee will be 1%.
|Payments From Affiliate Networks, Marketplaces, Ad Networks etc.||Fee is set by each Marketplace.||If you're receiving payments from any marketplaces then there is no accurate fee to be discussed either here or at Payoneer official site. The fee for Marketplaces are set by each Marketplace.|
|Make A Payment||Free||You can make payment directly to your clients worldwide even free of cost, as well as you can get paid by them. Your client must have a Payoneer account otherwise he will get an invitation about your Money & when his/her account is verified by Payoneer, you'll get a quick notification whether you confirm the payment or not. If you confirm the payment then he'll receive it otherwise it'll be cancelled.|
We have tried our best to help you better understand the tables. If we forgot anything or there are anything else that need to be included then please comment it so we can make changes to it in the next update.