Fasset vs Payoneer
Payoneer is a real alternative wherever Fasset is available. The difference is what it costs to get your money out. Payoneer prices local withdrawal at up to 2% above the mid-market rate, so on $10,000 the conversion can reach about $200. On the Business plan, paying out the same $10,000 through Fasset is $120.
Client funds are held separately from Fasset’s own.
What does it cost to actually withdraw $10,000?
Payoneer works in a broad set of markets. Fasset's availability is confirmed at signup, country by country. Competitor figures checked September 2026.
| What matters | Fasset | Payoneer |
|---|---|---|
| Available in Bangladesh, Pakistan, Indonesia, UAE | Confirmed at signup, country by country | Yes |
| Cost on a $10,000 withdrawal | $120 on the Business plan | Up to about $200 |
| Withdrawal rate | 1.2%, minimum $2, on the Business plan | Up to 2% above the mid-market rate |
| Fixed fee on small withdrawals | $2 minimum per local-currency payout on the Business plan | About $4 |
| Monthly fee | $29 on the Business plan | Check Payoneer's pricing page |
| Receiving accounts | USD, EUR, GBP; $10 per incoming USD wire on the Business plan | Available |
| USDT rail | Yes, settles in about 20 seconds, priced per plan | No USDT rail |
| Marketplace payouts (Upwork, Fiverr, Amazon) | Not built for this | Native integrations |
| Contractor payroll | Included, in supported markets | Check Payoneer's pricing page |
Fasset figures are Business plan launch pricing and may change; other plans are on the pricing page. Competitor figures checked September 2026. Payoneer figures are drawn from its published withdrawal pricing, and where it quotes a range we used the top of it, up to 2%; for its current fee schedule, see Payoneer's own pricing page.
When Payoneer is the better choice
Cost isn't the only variable, and marketplace income changes the math.
Two plans, both priced in full
Business for most teams, Enterprise when volume, entities or corridors outgrow it. Launch pricing, with every fee on the pricing page.
Common questions
How much does Payoneer cost compared to Fasset?
Payoneer prices local withdrawal at up to 2% above the mid-market rate, plus a fixed fee of about $4 on small withdrawals. At the top of that range, a $10,000 withdrawal costs about $200. The rate you get depends on your account and corridor. On the Business plan, paying out the same $10,000 in local currency through Fasset is $120: 1.2%, with a $2 minimum and a $29 monthly plan fee. Enterprise has lower per-transfer rates.
Does Payoneer work in Bangladesh, Pakistan, Indonesia and the UAE?
Yes. Payoneer is a real, working option in all four markets, which is more than can be said for Wise Business or Mercury. The comparison against Fasset is purely about cost and rails, not availability.
Should I switch from Payoneer if most of my income comes from Upwork or Fiverr?
Not necessarily. Payoneer's marketplace integrations with Upwork, Fiverr and Amazon are more built out than Fasset's, and if that is most of your income, staying put has its own value. If most of your revenue is direct client invoices instead, compare the rate Payoneer gives you on your corridor with Fasset's per-plan price, which is shown before you confirm.
Is Fasset a bank?
No. Fasset Business is a technology platform, not a bank. Banking, payment and card services are provided by licensed third-party institutions in each market, and client funds are held at those institutions, separately from Fasset's own money.
Open your account
The application runs entirely online. Or walk through the product first, with sample data and no signup.
Client funds are held separately from Fasset’s own.