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Payoneer will now charge you for not using their service.

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Community Guru
Viacheslav K Member Since: Sep 9, 2015
1 of 7

"We are updating our fees, including adding an annual fee that will be charged only if you did not complete at least one transaction using your Payoneer account or your Payoneer card in the last 12 months. This update will take effect from July 8, 2020."


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Ace Contributor
Victor P Member Since: Jul 24, 2017
2 of 7

Viacheslav K wrote:

"We are updating our fees, including adding an annual fee that will be charged only if you did not complete at least one transaction using your Payoneer account or your Payoneer card in the last 12 months. This update will take effect from July 8, 2020."

 


 Why don't you share the source of this info?

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Community Guru
Viacheslav K Member Since: Sep 9, 2015
3 of 7

I got in as a notification. You can check your fees at the bottom under Other Fees here:

https://myaccount.payoneer.com/MainPage/Widget.aspx?w=FeesUI#/settings/fees


image.png

 

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Community Guru
Petra R Member Since: Aug 3, 2011
4 of 7

I don't have that.

It seems to differ per country

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Community Guru
Viacheslav K Member Since: Sep 9, 2015
5 of 7

Petra, did you get your card using Upwork, or directly? Upwork referrals already have special terms.

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Community Guru
Petra R Member Since: Aug 3, 2011
6 of 7

Viacheslav K wrote:

Petra, did you get your card using Upwork, or directly? Upwork referrals already have special terms.


Sort of... I originally got Payoneer to get my book royalties, years before I joined Upwork. BUT my card is Upwork branded

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Ace Contributor
Victor P Member Since: Jul 24, 2017
7 of 7

Viacheslav K wrote:

I got in as a notification. You can check your fees at the bottom under Other Fees here:

 


Yes. looks like this is true.

I think it won't affect me. 12 months is a lot of time to make at least one transaction.

Maybe for some this update will be bad.

 

Not sure if this is the right place to talk about this topic.

Anyway, thanks for sharing.

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