Founded in 2005, Payoneer successfully provides online money transfer and e-commerce payment services.

Country: USA

Year: 2005

Concept 

  • Send payments quickly, securely and at a reduced cost, to multiple payees at once, no matter where they are in the world.
  • Payoneer’s innovative platform enables global companies and marketplaces to transfer funds to more than 200 countries and regions in over 150 currencies.

Consumer Benefits

  • Low Cost: Payees can utilize the Payoneer network, sending funds internally at no extra cost
  • Flexible: The Payoneer account gives payees the flexibility to withdraw funds when and how they want
  • New Customer Acquisitions: Grow your customer base through the Payoneer ecosystem
  • Customer Support: 24/7 customer support center for your payees in 35 languages

How To Use

  • Payee signs up for Payoneer account & selects payment method
  • Company funds their Payoneer Mass Payout Account
  • Company sends payment request via API
  • Payee receives funds and withdraws the money in their local currency

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