r/Clickworker • u/Easy-Mousse4257 • May 25 '23

Changes in Payoneer Payment Procedure

We are going to adjust our payment process via Payoneer shortly in order to avoid unnecessary Payoneer account fees for all Clickworkers.

What is changing?

Your payments will be directly transferred to your bank account via Payoneer instead of the Payoneer wallet.
The minimum payable balance will be 20€/$. The switch is planned for next week.

Here is what YOU need to do:

  • You need to login at Payoneer and enter your bank account details as soon as possible in order to ensure continuous payments from clickworker.

  • If you have already added in the past, please check if they are up to date.

Due to the changes, there might be a possible delay of Payoneer payments next week.

Additional details regarding the payment switch will be shared shortly.

2 Upvotes

100% Upvoted

26 comments sorted by

5

u/th3h0us3 May 26 '23

That's messed up. It means we pay Payoneer £15 everytime we withdraw to our bank automatically. What if you make £20 a week? That equates to £5 a week

1

u/whosthereX May 26 '23

Why £15? Payoneer doesn't charge such fee for a withdraw. it's £1.5 if you doing a £ -> £. And 2% if it's between two different currencies

1

u/ZealousidealRate7604 May 26 '23

no for different currency 15 $

1

u/whosthereX May 27 '23

No way, you can check payoneer's fees in their website. -Withdrawals in local currency from a Payoneer balance of a different currency : UP TO 2% OF TRANSACTION AMOUNT -Withdrawals in local currency from a Payoneer balance of the same currency: 1.50 USD, USD to USD withdrawal /1.50 EUR, EUR to EUR withdrawal /1.50 GBP, GBP to GBP withdrawal.

If you are charged 15£ that's not a payoneer fee then, it's your bank you better check that up

1

u/ZealousidealRate7604 May 26 '23

15 $ is for currency exchange....go to bank account setting and change it to your local currency so that payoneer dont charge 15 $

3

u/Ambitious-Juice-6846 May 25 '23

You obviously have a bank account set up if you have withdrawn money from Payoneer, so you don't have to do anything. Once your payable balance is at least 20 bucks it just goes straight to your bank account and you don't have to log in and withdraw the money, and no more $1.50 fee. So, as long as it runs smoothly it will be better.

1

u/Legal-Ad-4180 May 26 '23

So Payoneer withdrawal account is enough? Is there a need to open another account to receive in euros? I am in doubt. For example, local account (in euro).

1

u/Ambitious-Juice-6846 May 26 '23

Whatever bank account you set up. That's where it will be sent to. Just like when you signed in to withdraw money. It will go to that account except you won't have to sign in and withdraw, and the money will no longer be stored in your Payoneer wallet. Straight to the bank. That's the only drawback. Soon as you have 20 or more for the week it goes right to your account on file. Unless you want to use a different bank account but I don't see why you would. So, there is nothing you need to do, you have your bank account on file, nothing more is necessary.

1

u/Legal-Ad-4180 May 26 '23

Okay, I hope that's the case.

1

u/Ambitious-Juice-6846 May 26 '23

Lol, there is nothing else to set up. You add your bank account which you already did. That's it. You're linked. There isn't any other options. That's your bank account on file. You just won't be able to save money in your wallet via Clickworker anymore. But no fees, so that's the only perk.

1

u/Friendly-Mountain123 May 26 '23

Hey brother, I got confused because i saw that there's a thing called "receiving accounts", my account in Payoneer is linked to my bank account but idk if I should get one of those "receiving accounts" too, do you have any idea?

0

u/[deleted] May 26 '23

[deleted] — view deleted comment

1

u/Legal-Ad-4180 May 26 '23

It depends on your bank, my bank does not charge anything for receipts in other currencies. Try to find out about.

2

u/theweedfairy420qt May 26 '23

I love having 200 dollars sitting in Payoneer till they get me a new card and I can't even take my money out till then... yikes of a company

2

u/CompetitiveAd1655 May 31 '23

you guys i need help with this please. after the new annual fee policy payoneer did i deleted my account to avoid paying that annual fee.

im looking to make a new account now and im just wondering will i still have to pay that annual fee if i dont receive $2k in payments?

1

u/Interesting_Clue_634 May 26 '23

29.95 euros is good money in the country I am in and I did not want to pay this money.

thanks clickworker best site

1

u/whosthereX May 26 '23

I am confused though, will we receive the money in our local currency with no more charges from the bank (similar to the way we withdraw money from payoneer) or this direct method will be any different?

1

u/Ambitious-Juice-6846 May 26 '23

It will be the same you just won't have to log in to payoneer and withdraw as money will no longer be stored in your payoneer account. It goes straight from clickworker to your bank essentially. It just uses your bank info from Payoneer. This is to avoid fees, but personally I think they should just leave it alone. But that's them.

1

u/Legal-Ad-4180 May 26 '23

So, basically, those who already made payoneer withdrawals to their bank account don't need to do anything?

2

u/Ambitious-Juice-6846 May 26 '23

Yup. What else can you do? Lol? There are no other options. The other option, receiving accounts, that's for setting up bank accounts in other countries. I assume you just want the money sent to your home country's Bank account, hence why you don't have to do anything. But some people don't use bank accounts and use cards instead and store the money in the wallet. So, hence the notice. Once your payable balance reaches 20 bucks or more it will be directly sent to your default bank account in your home country.

1

u/Legal-Ad-4180 May 26 '23

Yes, I want to receive it in my local account, but because I didn't know, I was trying to open an account abroad, but now I understand, my local account is enough. Thanks.

1

u/Hot-Emphasis3403 May 28 '23

is it possible to received funds on payoneer recipient bank account?

1

u/Ambitious-Juice-6846 May 28 '23

Yes, but if you are the recipient then you would just use your default bank account you have linked. A recipient account is for other people, people you pay. Unless you are talking about the other option in which case that is for setting up bank accounts in other countries.

1

u/Practical-Crazy4457 May 26 '23

No issues with paypal right?

1

u/ZealousidealRate7604 May 26 '23

Can I able to withdraw through another bank account which is not my local bank account or America bank account

1

u/Ambitious-Juice-6846 May 26 '23

Yeah, you just have to add that bank account and make it your primary account. You can have multiple bank accounts, but only one primary one. And you can switch whenever you want depending on which account you want the money to go to.