Payoneer fee calculator
Payoneer fees in India
A US client pays you $100, $1,000, or $10,000 through your Payoneer USD receiving account. Here’s how much arrives in your Indian bank account.
Researched by Harry Guinness Sources checked 11 September 2026 Sources and assumptions
The fee
Payoneer charges 3% to turn USD into INR
The fee is $3.00, $30.00, and $300.00 on $100, $1,000, and $10,000. The USD receiving-account payment itself costs $0 for this route.
Set aside 3% of each payment for Payoneer’s conversion and bank payout. The transaction figures do not include Payoneer’s $29.95 annual account fee if you receive less than $6,000 in any 12 consecutive months; it does not apply in a year when an Annual Plan is charged, and a paid Annual Plan waives it in the first plan year.
- Payments
- USD 100, USD 1,000, and USD 10,000
- Paid in
- USD
- You receive
- INR
- Payment route
- Payoneer USD receiving account
Payoneer fee calculator
What Payoneer takes
These figures include the published fees for converting USD to INR and sending it to your bank.
Client pays
$100
3% fee- Payoneer fee
- $3.00
- Estimated in your bank
- ₹9,311.19
Client pays
$1,000
3% fee- Payoneer fee
- $30.00
- Estimated in your bank
- ₹93,111.90
Client pays
$10,000
3% fee- Payoneer fee
- $300.00
- Estimated in your bank
- ₹931,119.01
See the Payoneer fee sources
Payoneer
- Payoneer fee for receiving USD by local bank transfer Payoneer India multi-currency account Checked 11 September 2026
- Payoneer fee for converting USD and sending INR to your bank Payoneer India fee update Checked 11 September 2026
- Other Payoneer fees Payoneer India pricing Checked 11 September 2026 Shows the broader 1% to 4% withdrawal range and the separate $29.95 annual account fee. It does not apply in a year when an Annual Plan is charged, and a paid Annual Plan waives it in the first plan year. The country-specific fee update fixes the India withdrawal rate at 3%.
Straight answers
Payoneer fees in India: common questions
How much does Payoneer charge to receive USD in India?
For the USD-to-INR route calculated here, Payoneer charges 3% of the payment.
Is receiving USD into Payoneer free in India?
Yes, for the route calculated here. The separate charge comes when USD is converted to INR and sent to your bank.
Does Payoneer charge an annual fee in India?
Yes. Payoneer’s $29.95 annual account fee applies if you receive less than $6,000 in any 12 consecutive months; it does not apply in a year when an Annual Plan is charged, and a paid Annual Plan waives it in the first plan year.
Send your next invoice
Create a USD invoice for your client. Fieldfare will track what you actually receive after fees and currency conversion.
Sources and assumptions
How we calculated it
For each payment amount, we took each provider’s USD fees in the order charged. We converted what was left to INR at the same daily rate, then took any local bank-withdrawal fee.
Exchange rate
We used 1 USD = 95.99 INR, from Open Exchange Rates on 19 September 2026.
Payment details
- Account: business or freelancer
- Conversion: USD balance converted to INR
- Payout: Automatic INR withdrawal to an Indian bank account
Found an error?
Send Harry the source and he’ll correct it.
