What is Payoneer?
Payoneer is an international payment platform that enables freelancers in Latin America to receive payments from clients and platforms worldwide. Founded in 2005, it's the preferred choice of millions of independent workers in the region.
Key fact: Payoneer is the official payment method for platforms like Fiverr, Upwork, 99designs, and Amazon.
Benefits for LATAM Freelancers
- Virtual account in USD, EUR, and GBP: Receive payments as if you had a US or European bank account.
- Prepaid card: Withdraw at ATMs or pay directly with your Payoneer balance.
- Local bank transfers: Send money to your local bank in your currency with competitive rates.
- Free Payoneer-to-Payoneer transfers: Instant and free between Payoneer accounts.
- Direct integration: Connect your account to Fiverr, Upwork, Workana, and more.
Fees and Rates 2026
- Receive from platforms: Free (Fiverr, Upwork, etc.)
- Receive from direct clients: 1% of the amount
- Transfer to local bank: Up to 2% currency conversion fee
- Between Payoneer accounts: Free in the same currency
- ATM withdrawal (card): $3.15 USD per withdrawal
Get Paid with Payoneer
✓ $25 USD Bonus
✓ Local bank withdrawals
✓ Prepaid card
Create Free Payoneer Account →
Start Selling on Fiverr
✓ Free to join
✓ Payments in USD
✓ Great for beginners
Sign Up on Fiverr Free →
How to Create Your Payoneer Account
- Visit payoneer.com and click "Sign Up".
- Enter your personal details (name, email, country).
- Provide your ID for verification.
- Add your local bank account for withdrawals.
- Wait for approval (typically 1-3 business days).
- Once approved, get your virtual USD account details.
Tips for Latin American Freelancers
- Use the USD virtual account to receive all platform payments.
- Request the prepaid card for quick access to your funds.
- Set up automatic transfers to your local bank for steady cash flow.
- Keep receipts of all transactions for tax declarations.
- Use the mobile app to monitor your balance and exchange rates.