Payoneer for saving conversion cost · Royalty Guild. Amazon KDP

Payoneer for saving conversion cost

For any non USA citizen, when we get our royalties, we pay conversion charges on the amount and when we spend in Amazon ads, we again pay conversion charges, and in both the cases, some bank forex charges are also applied.

So I was looking for a solution where I can keep my royalties in local account and pay via this one for ads, this way I can avoid double conversion charges.

While searching about it online, I found out about Payoneer, according to AI mode of Google search, this saves 7-9% or transaction costs. So I am curious to know if anyone uses Payoneer or any similar service.

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