Payoneer Global Payment Platform
E-selling is a global business, and a global business needs a global payments solution.
Healthy cash flow is the beating heart of any business and can become a challenging feat when drop-shipping facilities, suppliers, manufacturers and customers are located around the globe.
Ecommerce sales surged to an estimated $1 trillion in 2016, and show no signs of slowing down any time soon. As this industry continues to grow, it is now more important than ever that eSellers secure a fast, low-cost, reliable and compliant payments solution that ensures the health of their business operations.
Pricey international wire transfers are becoming a thing of the past; SMEs and professionals don’t need to worry about the expensive, slow process of moving funds from one place to another anymore.
Introducing: Payoneer.
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform.
Businesses big and small can receive payments from international companies and marketplaces quickly and easily with Payoneer’s digital payments solution. Facilitating seamless cross-border payments in more than 200 countries and 80+ currencies, Payoneer is a featured payment option on top online marketplaces, such as Amazon, Lazada, Wish, Shopee, Tophatter, Rakuten and many others.
With Payoneer, you can pay and get paid globally as easily as you do locally.
Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked for the 5th consecutive year on Deloitte’s “Technology Fast 500™,” which recognizes the fastest growing technology companies in North America.
Payoneer offers a full package of services to eSellers, who depend on incoming funds from international marketplaces to be able to pay their manufacturers and suppliers.
The Payoneer Global Payment Platform enables e-sellers like you to:
Amazon sellers easily receive payments from international marketplaces.
Do you need a USD collection account to receive funds from Amazon? Or perhaps a GBP collection account in the UK for Amazon UK? Receiving payments from global marketplaces is easy with Payoneer’s Global Payment Service, offering eSellers local collection accounts for USD, EUR, GBP, JPY and CNY with low conversion rates. Collect funds from around the world in a variety of currencies, as easily as you would receive funds locally.
Amazon sellers can easily make payments to suppliers and contractors for free.
Wiring money internationally can cost up to $45 per transfer and take as long as 15 business days to be finalized. Not only does this significantly slow down business, you can end up spending thousands of dollars in wire transfer fees on a monthly basis. Payoneer users can pay other Payoneer users–team members, suppliers, storage facilities or employees around the world–for FREE, via Payoneer’s Make a Payment service. Pay other Payoneer users any time of the day or night, from anywhere in the world; most payments are received within only 2 hours.
Amazon sellers can settle VAT payments in the UK and EU.
If you’re selling into European markets online, VAT payments can be a major headache. Payoneer can help you manage your VAT payments, enabling you to pay VAT balances directly from your Payoneer account to government collection accounts. No need to wire funds back and forth, no double conversion fees and no international paperwork.
Amazon sellers get access to Payoneer’s international ecosystem for payments.
Users enjoy discounts and special offers from Payoneer’s global partners, which include a variety of services for eSellers. From repricing software to logistics companies, Payoneer’s Partner Directory gives eSellers access to providers around the globe.
Amazon sellers decide how (and when) to access your funds from payments received.
Payoneer enables you to receive funds from all over the world in many currencies. When you’re ready to, you can withdraw funds to your own bank account in your own currency, or load those funds on to your Payoneer Mastercard®. Just like any credit card, you can use your card to make purchases online or at points of sale, pay bills, or withdraw funds from ATMs anywhere around the world Mastercard is accepted.
The above article was provided by Payoneer. Any questions or concerns should be directed to Payoneer.
*All services subject to availability in your region.
