386 posts
  • Has referred 50+ members
  • Has sold $40,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Has collected 1+ items on Envato Market
+4 more
-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 i’ve withdrawn $50 from envato to payoneer and payoneer transferred it to my bank account only $30.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

242 posts
  • Has referred 1+ members
  • Has sold $10,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Made it to the Authors' Hall of Fame
+2 more
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?

386 posts
  • Has referred 50+ members
  • Has sold $40,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Has collected 1+ items on Envato Market
+4 more
-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.

469 posts
  • Has collected 1+ items on Envato Market
  • Has been part of the Envato Community for over 4 years
  • Located in United States
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

386 posts
  • Has referred 50+ members
  • Has sold $40,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Has collected 1+ items on Envato Market
+4 more
-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

469 posts
  • Has collected 1+ items on Envato Market
  • Has been part of the Envato Community for over 4 years
  • Located in United States
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

386 posts
  • Has referred 50+ members
  • Has sold $40,000+ on Envato Market
  • Has been a beta tester for an Envato feature
  • Has collected 1+ items on Envato Market
+4 more
-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 :)
193 posts Web Geek
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Located in India
  • Helped several times protecting Envato Market against copyright violations
+6 more
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
22 posts
  • Has referred 10+ members
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Has collected 1+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+4 more
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???

469 posts
  • Has collected 1+ items on Envato Market
  • Has been part of the Envato Community for over 4 years
  • Located in United States
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.

by
by
by
by
by
by