How to Send Money from Paypal to Payoneer

As a business owner, you’ll want to ensure that all of your payments processes run smoothly - for both domestic and international payments. This means finding ways to coordinate and synchronise all of the different platforms and software you use.

In this handy guide, we’ll take a look at how PayPal and Payoneer work together. Both are popular with UK business owners, but how easy is it to send money between them? Find out everything you need to know below.

And remember - Payoneer and PayPal aren’t the only options for global businesses based in the UK. Wise Business is a fantastic alternative, offering a full-feature account, cards, invoicing, bulk payments and secure transfer services worldwide.

💡 Learn more about Wise Business

Why transfer money from PayPal to Payoneer?

There are a few reasons that a business may need to send money from PayPal to Payoneer. For example:

• If certain clients pay your company via PayPal, but you use Payoneer to pay your own suppliers.
• Your company is an online retailer, and PayPal is a popular payment method on your website (or if you sell on online marketplaces such eBay). You’ll need a way to transfer your PayPal balance to your Payoneer account in order to pay your own bills.
• You’re a freelancer who gets paid through a variety of methods and platforms depending on the client’s preferences, but you use Payoneer as your main business account.

How to send money from PayPal to Payoneer?

Unfortunately, it isn’t possible to directly transfer money from PayPal to Payoneer. Instead, you’ll need to withdraw PayPal funds to your bank account, and then make a payment from your bank account to Payoneer.

Here are the steps you need to follow to make a bank transfer to Payoneer:¹

1. Sign into your Payoneer account online
2. On the home page, select ‘Add funds’ to the balance you want to top up (if this option isn’t available, it may mean you’re not eligible to use the ‘Add funds’ feature)
3. Select ‘I want to add funds’ and then ‘Get started’
4. Provide identity and/or business details if requested - this may be needed for verification purposes
5. Wait for approval to add funds - this may take up to 3 working days.
6. Once approved, you can log into your online banking and provide your Payoneer receiving account details to transfer money - just like making any other kind of bank payment. You can find these details in your Payoneer account, on the ‘Receiving accounts’ page.

While you can’t make a payment between your own PayPal and Payoneer accounts, you can get paid by clients through this method.

Payoneer has recently added PayPal as an option for its ‘Request Payment’ feature, for US and UK account holders. This lets your clients and customers use PayPal to pay you, and the money will go into your Payoneer account.²

However, Payoneer has made it clear that this option is not for ‘self-loading’ or topping up your Payoneer card.³

PayPal to Payoneer transfer fee

It’s free to withdraw funds from your PayPal business account to your UK bank account, as long as no currency conversion is required.⁴

And when it comes to the next step - sending a payment from your UK bank account to your Payoneer account - the same receiving account fees apply as if you’d received a payment from a client or customer.

The good news is that it’s fee-free if you’re paying money into a receiving account in the same currency as your bank.⁵ For example, if sending funds from your UK bank account to your GBP Payoneer receiving account.

But if the currencies don’t match, a currency conversion fee of 0.5% will apply.⁵

FAQs - PayPal to Payoneer

How much is PayPal's transfer fee?

PayPal doesn’t charge a withdrawal fee, unless a currency conversion is involved or you’re withdrawing to a US bank account. In either case, the fee is 3%.⁴

How long does a PayPal to Payoneer transfer take?

As you can’t directly send money from PayPal to Payoneer, the time it takes to get your funds into your Payoneer account can vary.

PayPal takes 3-5 working days for standard transfers,⁶ while the time it takes for your bank to send the payment to Payoneer can vary (depending on the bank).

What are the disadvantages of PayPal?

Depending what you’re using it for, PayPal can have the following disadvantages:

• A complicated fee structure
• High fees for international transfers and currency conversions
• Withdrawals can be slow, taking 3-5 working days to arrive.⁶

What is the best way to withdraw money from PayPal?

The only way to withdraw money from your PayPal account is to send it to your bank account. However, you can choose an Instant rather than Standard payment if you need the money in a hurry (extra fees may apply).

Alternative to withdraw from Paypal: Wise Business

With a Wise Business multi-currency account you can access local account details (only with Wise Business Advanced) for 8+ currencies, including USD, EUR and GBP.

Once you set up your account details (only with Wise Business Advanced) you can use these to withdraw funds from Paypal directly to your Wise Business account in the chosen currency.

Check our step-by-step guide on how to send money from Paypal to Wise.

When you open a Wise Business account, you’ll benefit from all of these useful features:

• No monthly fees or minimum balance requirements
• Debit and expense cards for you and your team, which you can use in 150+ countries
• Multi-user access for team members, with ways to control and manage permissions
• Pay up to 1,000 people at once with the Wise Batch Payments feature
• Integrate with your favourite cloud accounting solutions, and use the Wise API for automation and streamlining workflow
• Use the Wise Interest feature to make your money work harder when you’re not using it.

It’s quick and easy to open a Wise Business account, with a fully digital application, verification and on-boarding process. Check out the requirements here.

Get started with Wise Business 🚀

After reading this, you should have all the info you need on how to send money from PayPal to Payoneer. It’s a shame you can’t do it directly, but at least you now know the steps and costs involved.

Sources used:

1. Payoneer Support Center - Adding funds to your balances from your bank - FAQ
2. Payoneer - Payoneer now includes PayPal for US & UK clients
3. Payoneer Support Center - Request a payment - Information for Receivers
4. PayPal - PayPal Merchant Fees
5. Payoneer - Pricing
6. PayPal - How do I withdraw money from my PayPal account?

Sources last checked on date: 06-May-2025

*Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QuickPay QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.