Hi buddy devs.
We have just received a communication from Payoneer saying they are updating their payment terms.
Basically, if I correct understand it, they will apply a 1% fee on all app payouts we receive from monday (not to mention the fancy USD->foreign currency conversion rate they arbitrarily apply).
Here’s the complete statement:
https://payoneer.custhelp.com/app/answers/detail/a_id/45201
What do you think?
I am seeing the following for businesses based in the United Kingdom:
GBP – free for all payments.
I can’t see any additional fees, but maybe I’m reading it wrong.
Also, maybe now that mdc have moved their procurement over to ziphq.com, perhaps you can bypass Payoneer completely?
Hey @dvdsmpsn
This is what I see in the Payoneer Fees page.
We are all receiving payments in USD.
As far as I know Payoneer is still required to get monthly commission from mdc.
Can you confirm @Matias.Monday ?
Still, withdrawing money from payoneer to local bank accounts is super expensive. thousands of dollars in many cases.
