Source: https://rivet.global/blog/ireland-payoneer-alternatives-for-companies
Published: 2026-08-24 · Updated: 2026-11-04 · By Alexia M.

# Payoneer alternatives for Irish companies

Why Irish companies move from Payoneer: conversion and withdrawal fees, accounts in the company's name, and what to look for in a multi-currency business account.

## Key takeaways

- Payoneer charges $29.95 a year below $6,000 received in 12 months, 0.50% between balances and 1.2% to 4% on withdrawals that convert.
- An Irish company paid in dollars or sterling that withdraws to euros pays those fees on every receipt.
- A business account with USD, GBP and EUR details in the company's name lets clients pay locally.
- Check the provider's status on the Central Bank of Ireland register or its partners'.

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

1. USD, GBP and EUR details in the company's name.
2. The margin on USD/EUR and GBP/EUR.
3. Central Bank of Ireland or EU authorisation, or the partners'.
4. 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](https://www.europeanpaymentscouncil.eu/what-we-do/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](/blog/payoneer-vs-rivet).

## Questions

### 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.