Payoneer alternatives for Irish companies

Payoneer is a common first account for Irish freelancers and sellers. Companies invoicing US and UK clients directly often find conversion and withdrawal fees cost more than a business account.

Alexia M.Comparisons and market guides editor

Published: 24 August 2026
Updated: 4 November 2026
Reading time: 1 min read

Irish searches include "payoneer ireland" and "is payoneer available in ireland". It is, and many Irish founders start there. The question comes once the company invoices clients directly.

What Payoneer costs

From Payoneer's pricing page, read on 1 November 2026. Payoneer says fees vary by country.

Fee	Amount
Annual account fee	$29.95 if under $6,000 received in 12 months
Receive into same-currency details	Free
Convert between balances	0.50%
Withdraw with conversion	1.2% to 4%

The yearly cost

An Irish consultancy receiving $15,000 a month from US clients and withdrawing to euros pays $180 to $600 a month.

What to compare

USD, GBP and EUR details in the company's name.
The margin on USD/EUR and GBP/EUR.
Central Bank of Ireland or EU authorisation, or the partners'.
Payout fees.

Paying into Ireland: the local rail

What	Detail
Local rail	SEPA Instant Credit Transfer
Run by	European Payments Council scheme, run by each bank
Settlement	Under ten seconds, 24/7
Published fee	By the EU Instant Payments Regulation, no more than the bank charges for a standard SEPA transfer

Source: European Payments Council: SEPA Instant Credit Transfer. Checked when this guide was last updated; the scheme's own page has the current figures.

Where Rivet fits

Rivet gives registered companies USD details on Starter and EUR and GBP on Growth, with no fee to receive by bank transfer and FX from 0.50% on Growth. Check our eligibility list for Irish companies. Rivet is not a bank; regulated partner institutions hold the funds. See Payoneer vs Rivet.

Questions people ask

Is Payoneer good for an Irish company?

For marketplace payouts, often. For direct client invoices, its conversion and withdrawal fees usually cost more than a business account's FX margin.

What does Payoneer charge?

$29.95 a year under $6,000 received, 0.50% between balances and 1.2% to 4% on converting withdrawals, per its pricing page.

What should an alternative offer?

Currency details in the company's name, a published FX margin and a clear regulatory status.

How do I switch clients?

Update invoices, tell clients in writing, and keep Payoneer open until receipts stop.

Sources

Written by

Alexia M.

Comparisons and market guides editor

Alexia compares the accounts, cards and payment tools companies weigh before they switch, and writes Rivet's market guides for founders in a specific country. Prices in Alexia's comparisons come from each provider's own pricing page on the date given in the article, rules come from the regulator or tax authority that sets them, and every source is listed at the end.