Annual account fee- partial charge, what is this?

THETOPPER-B646
THETOPPER-B646 Posts: 2 researcher rank
in First-time course creation

When I checked the payment for this month on Payoneer, it showed a transaction labeled "Annual Account Fee – Partial Charge."

Screenshot 2024-09-25 195537.png

Below this transaction, it indicates that there is $23.67 remaining to be charged. So, I want to know if anyone can help me with that or explain it.

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Answers

  • Boris035
    Boris035 Posts: 88 storyteller rank

    As I know, Payoneer charges you twice a year for Account maintenance (approx. $30 for each tranche) if your revenues are below $2,000 per annum (via the Payoneer account). You should check their ToS in your documents.

  • TheoSk
    TheoSk Posts: 5 observer rank

    Hmmm. And I had debate which one PayPal or Payoneer to use. I guess if what Boris035 says is the reason, then PayPal it is for me then…

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