Payoneer, a widely used online money transfer platform, has raised its transaction fees for sending or receiving payments in Pakistan. The updated fee structure now includes a 3% charge of the total transaction amount, plus an additional fixed fee of $0.49 for all USD transactions, an increase from the previous 2% rate. For transactions in other currencies, the fixed fee varies: 0.39 GBP, 0.45 EUR, 0.75 AUD, 0.67 CAD, and 73.76 JPY. This adjustment affects payments made via debit/credit cards, as well as those processed through the Request a Payment and Initiate a Payment options. The increase could notably impact local freelancers who rely on Payoneer for their business transactions.
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Collections Specialist at Bank of America
6 天前Good afternoon. How long does bank verification typically take from Rise?