Administration Discount Fee and Payoneer Transaction Limit. Payoneer is one of the best online banking services besides PayPal. With Payoneer, it makes it very easy for Bloggers, Affiliate Marketers, Freelancers, etc. to send & receive cross-border payments worldwide with a fairly low administrative discount. However, you will be charged a substantial transaction discount or other fee if you still don’t have a lot of income from your online business.
Although, just having a verified Payoneer Account won’t cost you anything except the Card which will cost you around $ 29.95 annually if you have activated & linked it with your account, if you don’t use a Payoneer card then your account is totally free. If you don’t have a Payoneer account, please register for Payoneer here via the following link ⇒ https://www.payoneer.com/ or read the guide below.
As you know, Payoneer has various withdrawal methods, transacting, funding methods and ways in which there are various fees associated with your Payoneer account. If you are new to Payoneer or you are curious about how much it will cost you discount then you are in the right place. I will show in full and in detail for Payoneer discount fees in the table below.
Administration Discount Fee and Payoneer Transaction Limit
|Card activation||$ 12.95||Per card||Once – when the card was first loaded|
|Card activation – a list of countries||$ 24.95||Per card||Once – when the card was first loaded: Albania, Angola, Belarus, Bosnia Herzegovina, Côte jangganya, Congo, Ecuador, Ethiopia, Iraq, Indonesia, Kosovo, Lebanon, Liberia, Macedonia, Montenegro, Pakistan, São Tomé, Serbia, Somalia, Turmekistan , Zimbabwe.|
|Loading Payment – Immediate (within 2 hours)||$ 3.00||per load||Every card is used|
|Monthly card account maintenance||$ 3.00||0-4 transactions per month||Monthly, taken from your account balance|
|Monthly card account maintenance||$ 1.00||5 transactions a month||Monthly, it is taken from your account balance if the transaction reaches 5 times a month|
|Replacement of lost / damaged cards||$ 12.95||Per card||When the card was first used|
|ATM Cash withdrawals and payment transactions|
|Withdrawals at ATMs||$ 2.75||Per Transaction||When making a withdrawal|
|Error when withdrawing ATM||$ 1.00||Per Transaction||When a withdrawal error occurs|
|Shop at the store or online shop||Free *||Per Transaction||When the card is used for purchases for free USD and 3% of total spending for currencies other than USD|
|Check balance at an ATM||$ 1.00||Per Transaction||When a balance check request is made|
|Withdrawal of funds (withdrawal)||$ 3.15||Per Transaction||When disbursement of funds is made|
|Type of Transaction|
|Daily transfers||$ 1000||Per day||maximum transfer in a day|
|Minimum transfer from other affiliate programs||$ 10 – $ 20||Per transaction|
|Maximum transfer between Payoneer accounts||$ 1000||Per day|
|Minimum transfer between Payoneer accounts||$ 20||Per transaction|
|Total transfers per 30 days||$ 5000||Per 30 days||Maximum total transfer for 30 days|
|Transfer amount per 30 days||10x transfers||Maximum of 10 transfers|
|Acceptance of payments through the US payment service||Unlimited||Unlimited||No limits|
|Receive daily transfers||$ 1000||Max $ 1000 per day||Maximum receiving transfers is $ 1000 per day|
|Receive transfers||$ 5000||For 30 days||Total transfers for 30 days|
|Number of transfers received per 30 days||Max 10X||10X / 30 days||Maximum of 10 transfers for 30 days|
That is a table of administrative discount fees and payoneer transaction limits. Always check the discount fee before making a transaction, because there are several wrong or failed transactions that will be subject to discount fees such as when you are wrong to withdraw money through an ATM. Make sure you count correctly so there is no mistake and it will cost you a loss.
Payoneer does charge fees that seem bigger and more than PayPal. However, Payoneer certainly has its own advantages and disadvantages compared to other online payment systems. You don’t have to worry about that, because Payoneer fees and usage are easier than when you use a credit card from Bank Indonesia local.
According to my experience using Payoneer over the past few years, I conclude that just by signing up for a Payoneer Account, there is no cost or free, but as long as you use the Payoneer Card, a discount of $ 29.95 will be charged annually and also upon receipt of payment. via Payoneer from anywhere, there is a separate $ 2 to $ 5 fee for Normal & Instant Withdrawals.
Hopefully this article was useful for you and made you understand more about using accounts and cards Payoneer. We wish you a successful business and good luck. 🙂