I would like to add my feedback here too.
I don’t mind paying fees to transfer money, that’s just part of life… but Payoneer’s conversion fees are ridiculous - they are five times higher than what my bank or Transferwise charge. It would save me about $10k a year if I could cut them out! That’s a HUGE amount of money being wasted for simply withdrawing earnings! It feels like we are being robbed.
What’s worse is even if you withdraw to a USD bank account they STILL charge you 2% even though there’s no conversion happening which is so infuriating! I also found their customer support to be awful, I’ve had a couple of serious issues withdrawing funds which cost me a lot of time and stress.
I’ve used Transferwise before and found them much better than Payoneer and their fees are much more reasonable. There are plenty more alternatives out there.
I appreciate there’s probably a lot of things to consider when changing the payout options but there must be a lot of non US creators that would benefit from this. It doesn’t seem right that we are forced to use Payoneer/Paypal. Please could this be looked into urgently!