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August 3, 2023

On the web

Payoneer Adds Capabilities With Acquisition of Data Platform, Spott

Yahoo Finance

"Payoneer, the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making."

April 20, 2023

On the wires

Payoneer Collaborates with Zoho to Provide a Seamless Payment Experience to their Customer Base

Businesswire

"Payoneer, the financial technology company empowering the world’s small and medium-sized businesses to transact, do business and grow globally, today announced its collaboration with Zoho, a leading global technology company which provides a range of software solutions to businesses. The collaboration will enable Payoneer to provide innovative payment solutions to businesses using Zoho Books, the cloud accounting platform, with plans to expand to other parts of the Zoho product offering."

December 15, 2022

On the wires

Payoneer Receives In-Principle Regulatory Approval in Singapore

Businesswire

“Payoneer, the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once received, will allow Payoneer to offer additional payments services such as mass payout and card offerings to companies located in Singapore, effectively empowering businesses of any size with the resources to help them participate and flourish in the new global economy…Payoneer already holds licenses or registrations in the United States, Europe, Hong Kong, Japan, Australia and India.”

October 24, 2022

On the web

Payoneer and WooCommerce Partner to Simplify Checkout for Today’s Global Seller

Businesswire

Payoneer, the commerce technology company powering payments and growth for the new global economy, announces a partnership with WooCommerce that makes Payoneer Checkout available via a plug-in for small and medium-sized businesses (SMBs) that want to expand and grow through direct-to-consumer (DTC) sales globally.

Integrating with Payoneer Checkout allows WooCommerce merchants across Asia to simplify the way they set up their stores and start accepting payments from customers worldwide. Checkout was launched in May this year as an expansion of the company’s offering for SMBs. Making the solution available on the WooCommerce Marketplace represents a further expansion of Payoneer’s support for SMBs around the world. By consolidating all their funds across marketplace and direct sales channels in Payoneer’s multi-currency accounts, merchants can manage their accounts payable needs, gain access to working capital, and use their funds to pay for business expenses such as digital advertising.

August 23, 2022

On the web

Naver Z Chooses Payoneer to Pay Content Creators Globally

Businesswire

“Payoneer, the commerce technology company powering payments and growth for the new global economy, has been chosen by Naver Z, a subsidiary of Naver Corp., one of Asia’s largest internet companies and an early leader in the content creator economy, as their global payment provider. Naver Z owns ZEPETO, a global metaverse platform with 320 million registered users. This partnership marks Payoneer’s increased focus on the content creator industry, and how it connects entertainment platforms with their global ecosystem. Payoneer will support ZEPETO’s content creators in their ability to expediently pay and get paid in multiple currencies and geographies helping scale the creator’s business through an expanding global clientele. By tapping into Payoneer’s unrivaled global financial infrastructure, Naver Z will be able to send payments to these creators more quickly, easily, and cost effectively than before. Together, Payoneer and Naver Z will help content creators reach previously untapped markets while being supported by a [more]secure and flexible payment solution.”

August 1, 2022

On the web

At Payoneer, Translation Satisfaction Is an Important KPI

Slator

The customer base of global fintech company, Payoneer, includes all kinds of digital businesses. From sellers on Amazon and Walmart, to freelancers on Upwork and Fiverr, and a few language service providers (LSPs) in between.

“Payoneer has a mission to be the world’s go-to partner for digital commerce everywhere,” explained Melisa Sukman Epand to the audience at the latest leg of SlatorCon Remote.

Payoneer’s Director of Social Strategy and Localization said the company understood from the start how localization was central to properly serving its customers. The company’s localization resources, which began with in-house language experts and third-party vendors, has since grown to include dedicated internal localization teams, freelance translators, and several LSPs.

June 28, 2022

On the web

Payoneer Partners With EC21 to Grow Korean SMBs Globally

Business Wire

“Payoneer, the commerce technology company powering payments and growth for the new global economy, and EC21, a Korean-based global B2B marketplace, have partnered to support the cross-border business of Korean SMBs. EC21 was founded in 2000 as a spin-off of the Korea International Trade Association (KITA) eTrade Services division. The EC21 marketplace connects millions of buyers and sellers from around the world with Korean B2B companies’ online storefronts. In addition to acting as a B2B marketplace, EC21 provides domestic SMBs with consulting on overseas marketing and trade. Under this partnership, EC21’s billing system will integrate Payoneer’s ERP API service. This solution enables Korean SMBs to manage their Payoneer accounts, analyze their revenue, and send and receive payments in over 190 countries and territories, all directly from within the EC21 platform.”

June 10, 2022

On the web

Payoneer and Fiserv Collaborate to Streamline Cross-Border Payouts for Businesses

Yahoo

“Payoneer, the commerce technology company powering payments and growth for the new global economy, and Fiserv, a leading global provider of payments and financial services technology solutions, have teamed up to streamline how businesses deliver payouts to sellers, vendors, contractors, and consumers across borders. The collaboration allows businesses to access Payoneer’s payouts platform via the Carat operating system from Fiserv, enabling the delivery of payouts all over the world, while reducing the accompanying costs.”

March 10, 2021

On the wires

Payoneer Selects Mastercard to Offer Digital Solutions to Small and Mid-Sized Businesses

Payoneer Inc. , the global payment and commerce-enabling platform which powers growth for millions of digital businesses worldwide, today announced a multifaceted relationship with Mastercard. Beginning with the Payoneer Digital Purchasing Mastercard, tailor-made for SMBs, eCommerce sellers and freelancers worldwide, Payoneer and Mastercard will work closely to better meet the needs of the B2B market.”

February 3, 2021

On the web

Payoneer Reaches $3.3 Billion Deal to Go Public With Betsy Cohen SPAC

Bloomberg

“Payoneer Inc., the online payments firm used by the likes of Airbnb Inc. and Amazon.com Inc., agreed to go public by merging with a blank-check firm led by Betsy Cohen.    The deal with FTAC Olympus Acquisition Corp. values Payoneer at $3.3 billion, the companies said in a statement on Wednesday. The transaction also includes a $300 million PIPE, or a private investment in public equity.”

November 23, 2020

On the wires

Payoneer Launches Payment Orchestration to Supercharge Global Payment Strategies for e-Commerce Merchants in North America

“Payoneer, the digital payment platform empowering businesses around the world to grow globally, today announced that its new payment orchestration platform is available for e-Commerce merchants in North America that are looking to accept international payments. Following its acquisition of optile, Payoneer has now integrated its offering into its core platform and broadened its potential market by tackling the challenges of global payment acceptance.”

February 12, 2020

On the web

Payoneer Opens Dublin Hub for European Payments As Brexit Looms

www.mobilepaymentstoday.com

“Payoneer, a New York-based fintech, has obtained an e-money license from the Central Bank of Ireland and has opened a hub office in Dublin office to prepare for the post-Brexit environment. The split will require some separation of its U.K. offices to manage its European business, according to a company press release.”

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