Payoneer vs Paypal in Europe (new monthly automated payments)

Hi everyone!

Due to the new Monthly Automated Payment System (who’s affecting many-many authors here), I’ve been asked by several Spanish authors about what’s the best way (PayPal or Payoneer) for receiving their money from now on. But I don’t know because I always made withdrawals using Swift.

I’ve been exploring both, PayPal or Payoneer, but I really don’t know the exact fees/commissions. It seems it depends on the amount, exchange rate, even Payoneer says that the Fee is set by the marketplace (but I didn’t find nothing clear about what’s the Payoneer fees in Envato).

So, please, is there any Spanish author who uses PayPal or Payoneer on a regular basis and can clear our doubts? It would be great if they could explain it with an example. E.g.:

Small payments:

  • If we earn $100, how many Euros we will receive in our Bank account using PayPal?
  • If we earn $100, how many Euros we will receive in our Bank account using Payoneer?

Medium payments:

  • If we earn $1000, how many Euros we will receive in our Bank account using PayPal?
  • If we earn $1000, how many Euros we will receive in our Bank account using Payoneer?

Thank you so much in advance and I hope all authors who asked me may find a good answer here.
Big thanks :slightly_smiling_face:!!

Yo me he decantado por Paypal, estuve probando recibir en ambas y al final me salía más rentable paypal.
Creo recordar que mi decisión final fue pq payonner cobraba comisión por transferencia a la cuenta bancaria, y paypal no lo hacía.
Paypal está ahora cobrando entre un 2,5 y un 3% de comisión por cambio de divisa. En su momento payoneer cobraba lo mismo; no sé en cuánto estará ahora.
Espero que esto te haya ayudado en algo.

Por supuesto, toda información resulta de ayuda para todos. Así que muchas gracias Manrique!

Sure, any information about this is helpful. So thank you very much Manrique!

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