Payoneer takes 20 percent fee! Why?

I have a check from my hotel which says: they got $99 from me.
But from my transaction history I see the pending amount=$119.

Next: I payed at the shop £107. The pending amount=$187.
It's a huge fee, I suppose.

Comments

  • JustineJustine Guest Posts: 168 ✭✭✭✭✭✭

    Hi,

     

    This will all depend on currency conversion and commission of the merchant. 

     

    You can check all fees and transactions in your account.

  • jefflin555jefflin555 Member Posts: 7
    edited August 2014

    1. Hotels may charge you an additional 20% to make sure that your card is valid. You will be able to see the actual amount when the trx is settled.

     

    2. Payoneer charges you to up to 3% above all fees assessed by Mastercard (which is usually 1%) in the event of currency conversion.

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