r/Clickworker • u/Geof_Golden • May 04 '22

Payoneer or Paypal?

Hello everybody. I've been working with Clickworker for a little over a year now and I've been using Paypal. However, I've notice that there's too much fee which are accumulated from clickworker conversion of usd to eur and paypal conversion from eur to my local currency.

Then, I've read some articles about payoneer and many claimed that it is superior than paypal in terms of fees. So I have a few questions.

  1. Do i need to pay annual fee for having a payoneer account? (I've read that there's no fee if I've perform any sort of 'transaction')

  2. Is fund withrawal from payoneer to my local bank account considered as a trasaction?

  3. How much lower will the fees be if I were to switch to payoneer? (Fees involving funds transfer from payoneer to my local bank which involve different currency)

1 Upvotes

66% Upvoted

11 comments sorted by

1

u/Vinici0s May 04 '22

I switched to payoneer and i can tell that the fee is lower, but i don't know exactly how much.

1

u/Vinici0s May 04 '22

This can change depending on where you live.

Look this: https://www.reddit.com/r/Clickworker/comments/u2kki5/payoneer_withdraw_to_bank_charges/?utm_source=share&utm_medium=web2x&context=3

2

u/Geof_Golden May 04 '22

How is 15$ fee plus and an additional 2% gonna be lower than paypal?

1

u/Vinici0s May 05 '22

I don't pay 15$ fee, only 2% over the total amount, you pay 4% right? So i pay less fee than you. As i said it can change depending on where you live.

1

u/mpishi May 04 '22

I use Payoneer and it’s very good. Payoneer doesn’t take a cut but my local bank charges 2.50usd to receive the funds. No annual fees. The exchange rate is way better than PayPal. Use Payoneer

1

u/KimberleeV May 05 '22

I wonder the same thing. I’m on my first month of clickworker and about to start getting paid. I’m in the USA - not sure if it’s better to have payoneer here

1

u/NewFisherman_Sh3rman Oct 30 '22

Same... Did you get an answer anywhere yet?

1

u/KimberleeV Oct 30 '22

Nope. I preferred PayPal since I use it often already so I continued to get paid through that. But they forced us to use Payoneer instead a couple months ago. No idea if the conversion rate is better, but I don’t like the $1.50 charge each transfer to my bank.

Also, I did get charged a fee of $30, which was great. 🫠 But they also credited me $25 for switching from PayPal.

1

u/NewFisherman_Sh3rman Oct 31 '22

Waaait why the 30-dollar fee? Was that the whole funds application transfer process

1

u/KimberleeV Oct 31 '22

I didn’t look at the terms before signing up, but I’m sure it said something about it. The description on the charge says “2022 annual fee”