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-axnorpix says

Hi guys, any author use payoneer in india? and local bank transfer fee($5.95 per payment) is exactly what they promise ? i’ve withdrawn $50 from envato to payoneer and payoneer transferred it to my bank account only $30. Is there any hidden charge ?

Thank you

226 posts
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martinjamez says

i never used Payoneer, why don’t you use Paypal, even their conversion rate is little lower that the actual rate they transfer the whole amount. Is there any specific reason you choose Payoneer?

355 posts
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-axnorpix says

i never used Payoneer, why don’t you use Paypal, even their conversion rate is little lower that the actual rate they transfer the whole amount. Is there any specific reason you choose Payoneer?

I use only paypal so far, but i just wanna know how payoneer works in India.

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Nissim_Payoneer says

Hi,

Payoneer provides an excellent solution for Indian residents, providing you with a local bank transfer service. This means that we send your payments from a local bank in India, in INR. Our conversion rates are among the best available, being only up to 3% above the official market mid-rate at the time of transfer.

We charge only $5.95 per transfer to your bank account, and there are no other costs associated with the service. If you’d like to send me an e-mail with your payment reference number (or account e-mail address) I’d be happy to look further into your most recent payment.

Nissim | Head of Community at Payoneer | www.payoneer.com

355 posts
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-axnorpix says

Hi,

Payoneer provides an excellent solution for Indian residents, providing you with a local bank transfer service. This means that we send your payments from a local bank in India, in INR. Our conversion rates are among the best available, being only up to 3% above the official market mid-rate at the time of transfer.

We charge only $5.95 per transfer to your bank account, and there are no other costs associated with the service. If you’d like to send me an e-mail with your payment reference number (or account e-mail address) I’d be happy to look further into your most recent payment.

Nissim | Head of Community at Payoneer | www.payoneer.com

I send you an email. moreover i would like know if i can change my bank account ?

Thank you

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Nissim_Payoneer says

Great, thanks, will check.

You can change your bank account on file by submitting a request here: http://www.payoneer.com/emailform.aspx (Category is “Global Bank Transfers”, Subject is “How do I change my bank details”.)

Nissim | Head of Community at Payoneer | www.payoneer.com

355 posts
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-axnorpix says

Great, thanks, will check.

You can change your bank account on file by submitting a request here: http://www.payoneer.com/emailform.aspx (Category is “Global Bank Transfers”, Subject is “How do I change my bank details”.)

Nissim | Head of Community at Payoneer | www.payoneer.com
I did it . Thank you :)
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templatin says

Hi xnorpix,
I’m using Payoneer’s “Global Bank Transfer” and its the best method for withdrawing from Envato for Indian authors.

reputeinfosystems
reputeinfosystems Recent Posts Threads Started
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reputeinfosystems says

i am trying to find out which is the cheapest method to withdraw money in india for smaller amount like 1000 USD/month. everybody seems same to me.

paypal charges 3-4% fees in name of currency conversion. payoneer also does the same 3% rate + $6 (approx) extra fees which is 0.6%( for 1000 USD), so total is 3.6%

skrill is also same. so, how payoneer is better???

446 posts
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Nissim_Payoneer says

Hi,

For local bank transfers to India, we now charge only $2.99 per transfer. In addition, we convert funds from USD to INR using rates of only 2.75% above the official mid-market rate.

As a local bank transfer, we send funds from a local bank in India, in INR. This is very quick and generally arrives within 1-3 business days.

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