Payment Processors
VisitOpen Payoneer
Payout & Treasury
Payoneer
Cross-border payments for the global economy
Access
Easy Access
Fees
Annual fee $29.95
Currencies
USD, EUR, GBP, AUD, CAD, JPY and more
Available in
200+ countries
Benefits
- Available in 200+ countries including markets underserved by Stripe/PayPal
- Receive USD, EUR, GBP, JPY via local receiving accounts
- Accepted payout method on Amazon, Airbnb, Fiverr, Upwork, and others
- Payoneer Mastercard for spending globally
- B2B payments (billing clients, paying suppliers) within the network
- Low barrier to entry — ideal for freelancers and early-stage businesses
Downsides
- Not a merchant checkout gateway — cannot accept card payments on your website
- FX fees of 2–3.5% are higher than Airwallex or Wise
- $29.95 annual inactivity fee if balance drops below threshold
- Customer support can be slow to resolve account issues
- Limited in direct B2C use cases — primarily B2B and marketplace payouts
Easy Access — How to Get Access
Straightforward online sign-up — most merchants approved within 24–48 hours.
- 1Sign up at payoneer.com — open to individuals and businesses in 200+ countries
- 2Verify identity with government ID and address proof
- 3Receive virtual receiving accounts (USD, EUR, GBP, etc.) immediately
- 4Withdraw to local bank account in your country
Best Company Structures
US LLCEstonian OÜAny registered entitySole proprietorship (some countries)
Best Markets
Global / emerging marketsSoutheast AsiaEastern EuropeLatin AmericaMiddle East
Fee Structure
Annual fee $29.95; receiving fees 0–3% depending on source; FX 2–3.5%
Payoneer
200+ countries