4% per invoice, 20 minimum in your invoice's currency. That's it — no subscription, no hidden charges.
KYC identity verification required before first payout.
PayOdin charges one fee per invoice: 4% of the invoice amount, or 20 in the invoice's currency ($20, €20 or £20) — whichever is higher. The switch-over sits at 500. Below it, the minimum applies. Above it, it's always 4%.
The fee comes out of your payout after your client pays. It isn't charged upfront, it isn't billed to you separately, and it doesn't appear on your client's invoice — you see it as a line on your payout statement.
If you're paid in a different currency from the invoice, conversion happens at the mid-market rate on the day of payout, with no hidden markup. The calculator shows your payout before that conversion. For the full sequence from proposal to payout, see how PayOdin works.
| Invoice | PayOdin fee | You receive |
|---|---|---|
| $300 | $20 minimum | $280 |
| $500 | $20 | $480 |
| $1,000 | $40 | $960 |
| $2,500 | $100 | $2,400 |
| $5,000 | $200 | $4,800 |
It starts at the proposal. The currency you quote in and the way you'll be paid are settled before any invoice exists — and then the money gets taken in small pieces along the way.
A percentage of every payment — and on some services, a monthly subscription or a withdrawal fee on top of it.
When money changes currency, the markup is often built into the rate rather than shown as a fee. You only see it if you compare against the mid-market rate.
An international wire can pass through correspondent banks on its way to you. Each one can take a fee, so less arrives than your client sent.
Some banks charge to receive an incoming international transfer — a cost that never shows up on the invoice.
Wrong currency, a missing field, no registered company on it. Your client's accounts payable team sends it back, and the payment waits while it's fixed.
One fee you can see before you send anything. Here's what happens to each of those costs.
4% per invoice, 20 minimum. No subscription, no setup fee, no withdrawal fee.
No conversion when your payout currency matches the invoice. When one is needed, it's at the mid-market rate — no hidden markup.
Where it's supported, you're paid by local transfer — SEPA in Europe, Faster Payments in the UK, ACH in the US. Otherwise, by wire.
A real person reviews every invoice before your client sees it — currency, amount, required fields, formatting.
A registered US company is on every invoice. Your client pays us, we pay you — no company needed. That's what a merchant of record does.
The one cost outside our control. If your bank charges to receive transfers, that's between you and your bank.
Three steps. No chasing. No surprises.
Your client agrees on scope and price inside the platform. That agreement is locked in — no emails lost, no scope creep later.
PayOdin sends the invoice in its own name. Your client pays the full amount before any work begins. You don't start until the money is secured.
Mark the work done when it's done. Your payout — invoice amount minus the fee — goes out within 5 business days by ACH or wire.
PayOdin is the registered US company on every invoice. Your client pays a US entity. You collect as an individual — no LLC, no VAT registration, no compliance maze.
The money is in PayOdin's account before a single hour of work begins. You're not finishing a project and then waiting on a client to pay — that risk is gone.
Every proposal and invoice gets a human set of eyes before it reaches your client. Someone checks the details, catches errors, and signs off. Not a bot, not a queue.
Cold trust is earned with transparency. Here's what PayOdin actually is.
Yes, 4% — with a $20 floor. If 4% of your invoice is less than $20 (invoices under $500), the minimum applies. Above $500, it's always 4%.
No subscription. No setup fee. No withdrawal fee. No fee on the client-facing invoice — the fee only appears on your payout statement. Your client sees the full invoice amount; you see the net.
Yes. US dollars is our primary currency, and you can also invoice clients and receive payouts in euros (EUR) and pounds sterling (GBP). The minimum fee follows the currency: $20, €20, or £20.
Pick the currency in the calculator above and it uses the right minimum.
If your payout currency matches the invoice currency, there's no conversion — the number above is what reaches you. If one is needed, say the invoice is in USD and you're paid in EUR, it's done at the mid-market rate on the day of payout, with no hidden markup.
The calculator can't know that day's rate, so it shows your payout before any conversion.
No PayOdin fees beyond the 4% (or the per-currency minimum) — no subscription, setup, listing, or withdrawal fees, and no hidden currency-conversion markup.
The only cost outside our control is your own bank: some banks charge to receive an incoming transfer, and that's on your side.
No. It shows PayOdin's fee and what reaches you. PayOdin handles the invoice and the payment; how that income is taxed depends on the country you live in and your own situation.
If you're not sure, it's worth a conversation with an accountant who knows your country.
After two things happen: your client pays the invoice, and you confirm the work was delivered. Once both are done, payout goes out within 5 business days by ACH or wire transfer.
Your client pays upfront — PayOdin collects the full invoice amount before any work begins. You're not waiting on a client to pay after delivery.
No. That's the point. PayOdin is the registered US company on every invoice. Your client pays a US entity. You get paid as an individual — no LLC, no VAT registration, no cross-border compliance headaches.
You work, we handle the invoice, your client pays us, we pay you. If you have a company already, that works too.
PayOdin sends your client a payment link. They pay by card or wire transfer — the same way they'd pay any vendor. They don't need a PayOdin account, and they don't need to interact with any platform beyond clicking the link and paying.
From your client's side, it looks like a standard invoice from a US company. That's because it is.
PayOdin is available to freelancers in most countries. The exceptions are jurisdictions under US sanctions — Russia, Iran, North Korea, Belarus, Cuba, and Syria cannot use the platform. This is a legal requirement, not a choice.
Your client can be based anywhere — PayOdin handles cross-border compliance on your behalf.
Because your client paid upfront, the money is already held — it doesn't disappear because there's a disagreement. Disputes go through PayOdin's review process: we look at the proposal, the deliverables, and the communication, then make a determination.
You're not left chasing a client who's already walked away. The funds are secured from the start.
More answers on payouts, currencies and getting started in the full FAQ.
Create an account. Send a proposal to your client. We handle the rest — invoice, collection, compliance, payout.
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