Moneta vs Payoneer
Compare payment processing fees and features. See how much your business can save by switching from Payoneer to Moneta's zero-fee stablecoin payments.
Savings Calculator
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Detailed Fee Comparison
| Fee Type | Moneta | Payoneer |
|---|---|---|
| Transaction Fee (%) | 0% | 2% |
| Fixed Fee per Transaction | ~$0.001 | $1.50 |
| Currency Conversion / FX Markup | 0% | 2% |
| Chargeback Fee | N/A | $15-25 |
| Settlement Time | Instant | 2-7 days |
| Withdrawal Fee | $0 | Varies |
Feature Comparison
Real-World Savings Scenarios
Upwork Freelancer
$5,000/month
A freelancer earning through Upwork. Payoneer's 2% withdrawal fee plus FX conversion takes $100-150 monthly from a $5K income.
Amazon Seller
$50,000/month
An Amazon marketplace seller receiving payouts. Payoneer's fees on $50K monthly volume can exceed $1,000 in combined charges.
Fiverr Professional
$3,000/month
A Fiverr seller withdrawing earnings. The $1.50 withdrawal fee plus 2% FX markup reduces already-competitive gig earnings.
International Agency
$100,000/month
A digital agency receiving client payments globally. Payoneer's percentage fees on large invoices add up to thousands monthly.
Pros and Cons
Moneta
Pros
- Zero transaction and withdrawal fees
- Instant settlement worldwide
- No annual account fee ($29.95 saved)
- No currency conversion markup
- Self-custody—you control your funds
- No account freezes or holds
- Works 24/7 including weekends
- No withdrawal minimums
Cons
- No marketplace integrations (Upwork, Fiverr, etc.)
- No prepaid debit card
- No local receiving accounts
- No working capital loans
- Clients need crypto wallets
- Less automated tax documentation
Payoneer
Pros
- Integrated with major freelance marketplaces
- Local receiving accounts (USD, EUR, GBP, etc.)
- Prepaid Mastercard for spending
- Working capital loans available
- Automated tax documentation
- Mass payout capabilities
- Established reputation in freelance community
Cons
- Up to 2% receiving fees from some sources
- $1.50-3 withdrawal fees
- Up to 2% currency conversion markup
- $29.95 annual fee
- 2-5 day settlement time
- Account holds and freezes possible
- Complex fee structure
- Minimum withdrawal amounts
Which Should You Choose?
Choose Moneta if you:
- Want to eliminate payment fees entirely
- Work directly with clients (not through marketplaces)
- Make frequent international transfers
- Value instant access to funds
- Want to avoid annual fees
- Prefer self-custody of earnings
- Have crypto-savvy clients
Choose Payoneer if you:
- Work through Upwork, Fiverr, or similar platforms
- Need local receiving accounts
- Want a prepaid card for spending
- Need working capital loans
- Prefer automated tax documentation
- Clients only pay via traditional methods
Frequently Asked Questions
How much can I save switching from Payoneer to Moneta?
For a freelancer earning $5,000/month through Payoneer, typical fees include 2% withdrawal ($100) plus FX conversion (1-2%, $50-100). That's $150-200 monthly or $1,800-2,400 yearly. With Moneta, you'd pay virtually nothing—saving nearly 100% of those fees.
Can I receive marketplace payments through Moneta?
Currently, most marketplaces (Upwork, Fiverr, Amazon) don't support direct stablecoin payments. However, you can request clients pay you directly via Moneta for off-platform work, or negotiate stablecoin payment for larger contracts.
Does Moneta offer receiving accounts like Payoneer?
Moneta works differently—instead of local receiving accounts, you have a single wallet address that can receive stablecoins from anywhere in the world. This is simpler and more universal than managing multiple currency accounts.
What about Payoneer's prepaid card?
Payoneer's Mastercard is useful for spending earnings directly. Moneta doesn't offer a card, but you can convert stablecoins to fiat through exchanges and use your regular bank card. The fee savings from Moneta often outweigh the convenience of Payoneer's card.
Is Moneta safe compared to Payoneer?
Both are safe but in different ways. Payoneer is a regulated financial institution that holds your funds. Moneta uses self-custody—you control your own wallet, so there's no risk of account freezes or holds. Stablecoin transactions are secured by blockchain technology.
Can I use both Payoneer and Moneta?
Yes, many freelancers use Payoneer for marketplace payments where it's required, and Moneta for direct client payments. This hybrid approach lets you minimize fees while maintaining marketplace access.
About Payoneer
Payoneer is a financial services company founded in 2005 that specializes in cross-border payments for freelancers, marketplaces, and businesses. It offers receiving accounts in multiple currencies, allowing users to get paid like a local in different countries. Payoneer is particularly popular among freelancers working with platforms like Upwork, Fiverr, and Amazon. However, its fee structure includes withdrawal fees, currency conversion markups, and annual fees that can significantly impact earnings.
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