PAYO Profile
Payoneer Global Inc. operates as a leading payment and commerce-enabling platform, designed to facilitate transactions for marketplaces, platforms, and online merchants across the globe. The company provides an extensive suite of services that includes cross-border payments, B2B accounts payable and receivable, multi-currency accounts, and both physical and virtual Mastercard cards. Additionally, Payoneer offers working capital solutions, merchant services, and comprehensive tax, compliance, and risk management tools.
The company's platform is built to deliver bank-grade security, stability, and redundancy, integrated with cutting-edge digital capabilities. This robust infrastructure supports a global network, allowing businesses to connect and transact seamlessly across borders. Payoneer's cross-border payment solutions are particularly notable for their ability to support an extensive ecosystem of marketplaces and their sellers. By leveraging Payoneer’s APIs, these marketplaces can pay sellers in approximately 190 countries and territories, facilitating efficient and secure transactions.
Payoneer's services extend beyond basic payment processing to include advanced financial solutions tailored to the needs of businesses engaged in international trade. The platform’s multi-currency accounts enable merchants to manage funds in various currencies, optimizing their financial operations and reducing conversion costs. The company’s working capital solutions provide businesses with access to funds to support growth and manage cash flow effectively.
Founded in 2005 and headquartered in New York, Payoneer has established itself as a key player in the global payments industry. Its innovative approach and comprehensive service offerings continue to enhance the way businesses conduct cross-border transactions, making it a crucial partner for companies seeking to expand their reach and streamline their financial operations.
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