Payoneer
freelancer-marketplace-payouts · US, GB, EU, CA, AU, JP, globalPayoneer is a global payment platform designed for freelancers, contractors, and businesses that need to receive payments from international marketplaces and clients. Users can receive payments in USD, EUR, GBP, JPY, AUD, and CAD from platforms like Amazon, Upwork, Fiverr, Airbnb, and Google, then withdraw to local bank accounts in over 190 countries. Receiving payments from marketplaces is free, while receiving from clients costs 3% for credit card payments or 1% for ACH bank transfers. Withdrawals to local banks cost $1.50–$3 fixed, and currency conversion adds 0.5%–2% above the mid-market rate. The Payoneer Mastercard lets users spend their received funds directly without withdrawal fees. Payoneer is widely used across MENA, Southeast Asia, and Eastern Europe as the primary way to receive cross-border freelance income, though it is less competitive for personal remittances compared to dedicated transfer services.
What does Payoneer cost and how does payment processing work?
Payoneer is designed for personal and smb businesses. A free tier is available. Available in 7 country/regions. Global payment platform for freelancers receiving from Amazon, Upwork and Fiverr with multi-currency withdrawals.
Pricing
// verify pricing before launch — prices shown may not reflect current vendor rates
Key Features
- •Receive payments in USD, EUR, GBP, JPY, AUD, and CAD from leading marketplaces, platforms, and clients
- •Withdraw funds to local bank accounts in 190+ countries — supports local currency settlement in many markets
- •Marketplace receiving is free — no charge to receive from Amazon, Upwork, Fiverr, Airbnb, and 100+ other platforms
- •Payoneer Mastercard — spend received funds directly or withdraw from ATMs globally
- •Mass payout solution — businesses can pay global contractors and affiliates in one batch
- •Currency conversion between 0.5%–2% above mid-market, varying by corridor and volume
- •Accounts in 22+ currencies with ability to hold and manage multiple currency balances
- •Tax and compliance support — W-8/W-9 collection, VAT handling, and regulatory compliance across markets
Pros
- +Best-in-class for marketplace payments — deep integrations with Amazon, Upwork, Fiverr, and 100+ platforms make it the standard choice for freelancers
- +Widely used and trusted across MENA, Southeast Asia, and Eastern Europe — proven cross-border payment infrastructure for freelance income
- +Multi-currency receiving and holding — receive in USD, EUR, GBP, JPY, AUD, CAD and withdraw to local bank accounts in 190+ countries
- +Payoneer Mastercard enables spending received funds immediately without withdrawal fees
- +Mass payout API for businesses paying global contractors — competitive for platforms with international workforces
Cons
- −Not ideal for personal remittances — built for business and freelance payment flows, not peer-to-peer transfers
- −Currency conversion fees of 0.5%–2% above mid-market add up on large or frequent conversion needs
- −Withdrawal fees of $1.50–$3 per transaction are higher than digital-first competitors per withdrawal
- −Customer support quality varies by region — response times can be slow in some markets
- −Account setup and verification can take several days, and account freezes for compliance reviews are not uncommon
Available on
Integrations
Compare Payoneer with other tools
See how Payoneer stacks up against Stripe and PayPal side by side.
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Reviewed by Finatune · Last updated 2026-07-12