What are the benefits of Payoneer?
We know that faster and reliable payments are important. That’s why Awin partners with Payoneer to support a more efficient and flexible payment experience.
Key benefits include:
- Faster payments: Payoneer processes payments as quickly as one business day for local currency transfers. For USD, EUR, or GBP payments sent to bank accounts outside the US, EU, or UK, delivery typically takes 3–5 business days.
- Local payouts: Get paid in your local currency to avoid excessive transfer fees.
- Lower fees: You can save up to 70% compared to traditional bank transfer fees, including currency conversion costs.
- Reduced failed payments: Payoneer adapts to local banking requirements to reduce potential failed payments caused by missing or incorrect banking information or local compliance rules.
- Local support: Payoneer offers customer support in more than 10 countries and 16+ languages to quickly provide support in your preferred language.
Who is the Payoneer for?
Payoneer is available to all Awin publishers who receive international payments.
This applies when receiving cross-border payments, for example:
- USD payments outside the United States
- GBP payments outside the United Kingdom
- EUR payments to banks outside SEPA regions
Does Payoneer support payments in my country?
Payoneer supports payouts in a wide range of countries globally. Depending on your location, payments will be processed via either:
- Local currency transfer: Payoneer supports direct payouts in your currency
- SWIFT transfer: Local payout routes are not available
To check whether your country is supported and which paymnet method applies, visit Payoneer’s Capabilities Map.
Simply search for your country to view available payout options before completing your Payoneer setup via Awin.
Are there any fees for using Payoneer?
There are no monthly or annual fees for using Payoneer’s Global Bank Transfer service through Awin.
Fees may apply in the following cases:
- Currency conversion: If your payment is converted into a different currency before reaching your bank account, a Foreign Transaction (FX fee) of approximately 1.75% may apply. This fee is transparently shown during processing.
- Same-currency international transfers (SWIFT): If you receive USD, EUR, or GBP into a bank account in the same currency, no FX fee is charged. However, your bank or intermediary banks may apply additional charges, which are outside of Payoneer’s control.
What conversion rate does Payoneer use?
Payoneer uses a real-time interbank exchange rate at the time the transaction is processed.
The rate is calculated using aggregated financial data sources to reflect the most accurate available market rate.
Will payments be held in my Payoneer account or sent to my bank account?
Payments are transferred directly to the bank account linked to your Payoneer account. To learn how to edit your bank details on Payoneer, see Payoneer Account Setup – FAQs.
Awin payments cannot be stored in a Payoneer wallet or balance. Funds are always sent directly to your registered bank account.
How do I receive payments through Payoneer?
To receive payments through Payoneer, you need to set up a Payoneer account from the Awin UI. For more information, see How to set up your payment details with Payoneer - A step-by-step guide .
I already have a Payoneer account, can I link it?
If you registered using the Awin invitation link, your account is already connected and ready to use. To learn how to track your Payoneer application status, see Payoneer Account Setup – FAQs.
If you already have a Payoneer account created independently (without the Awin link), you will need to complete the registration again through your Awin account to ensure correct linking.
Important: It is not possible to link an already existing Payoneer account to Awin.
How do I check the status of my payments from Payoneer?
Payoneer will send emails to keep you updated on your payment status. For more information, see Payments through Payoneer – FAQs.
