Payoneer is a payout destination available for Envato Market and Envato Elements authors. You can use it to receive earnings of $50 and over, via Global Bank Transfer, Payoneer Prepaid Mastercard, or USD Swift. Read on for some common questions about using Payoneer.
What is a Global Bank Transfer?
This option allows you to receive your earnings directly to your existing local bank account, in your chosen currency. Payoneer offers payments in over 200 countries and more than 150 currencies. Currency conversions take place from USD and costs $1.50 per transfer, plus 2% Foreign Exchange (FX) conversion fee on top of the daily mid-market rate.
Global Bank Transfer is a popular payment method due to our competitive FX rates. Below are examples of the fees that would be applicable from USD to a local currency at different transaction amounts. The final transfer amount will be the equivalent in your local currency.
Use the table below to compare your current fees with Payoneer fees.
 |
Transfer $500 |
Transfer $1000 |
Transfer $2000 |
|
Bank Transfer Fee |
$1.50 |
$1.50 |
$1.50 |
|
Conversion Fee to Local Currency* |
$10.00 |
$30.00 |
$40.00 |
|
Final Transfer Amount to a local currency** |
USD $488.50 |
USD $968.50 |
USD $1,958.50 |
*2% above mid-market rate.
** The final amount will be in your local currency via a localized payment.
Available country and currency are provided during the registration process.
What is a USD SWIFT Via Payoneer?
Payments sent via USD SWIFT transfers to your bank account via Payoneer will incur a flat fee of $15.00. Any FX conversion costs thereafter to local currency will be applied by your bank. Please consider the various costs associated with USD SWIFT once local conversion takes place and compare the best option for you via our fee table above.
What is a Payoneer Prepaid Mastercard?
Registering for a Payoneer Prepaid Mastercard allows you to transfer earnings to your card and check your balance and transaction history online.
Once registered, your card will be sent to you in the mail and can be used anywhere a Debit Mastercard is accepted, worldwide or online.
The transfer fee to your Prepaid Mastercard is $1.50.
Please note: Payoneer Prepaid Mastercard is not available for authors located in Russia. You can learn more about this here.
How do I set up a Payoneer account?
To receive earnings via Payoneer, go to the Payouts page of your Envato Market account and select the Payoneer option, then click the Click here to register link.
This will take you to the Payoneer website where you can sign up to Payoneer and link your bank account. This will ensure that the account is automatically linked to your Envato account.
If you need further guidance with the Payoneer registration process, please see this article.
Can I add my Envato account to my existing Payoneer account?
Yes. To add an Envato account (or an additional Envato account) to an existing Payoneer account, sign in to your Envato account, proceed to your Payouts page and select the Payoneer option.
Hit Click here to register and then follow the prompts under the Already have a Payoneer account? heading.
For more information, you can visit Payoneer's FAQs page.