About
Simplifying cross-border payments for SMEs to unlock global growth potential
Payoneer, founded in 2005, empowers SMEs globally to transact and grow by simplifying cross-border commerce. Their financial technology platform enables businesses, especially in emerging markets, to pay, get paid, and manage funds across currencies, connecting entrepreneurs worldwide in a digital economy. Committed to removing barriers, Payoneer fosters global business growth with a seamless financial stack.
Use Cases
Global Freelancer Payments
Freelancers receive and withdraw payments globally in multiple currencies,simplifying cross-border freelancing.
International Supplier Payments
Businesses pay suppliers worldwide seamlessly and manage multi-currencytransactions efficiently.
Global Workforce Management
Companies hire and pay remote talent globally, streamlining payroll and tax compliance in 160+ countries.
Business Growth Funding
Businesses access working capital advances to fund growth and manage expenseswith Payoneer’s integrated platform.
Key Features
Payoneer and Stablecoins
- Payoneer is exploring the use of stablecoins for B2B payments, viewing them ascomplementary to their core business.
- Payoneer CFO, Bea Ordonez, mentioned that the "last mile"infrastructure for stablecoin payment rails presents challenges that need to be resolved.
- Payoneer is working to solve challenges regarding the infrastructure necessaryto utilize stablecoins as a payment rail at scale.
- Payoneer is among the companies mulling how stablecoins could potentially beutilized for business-to-business payments.
- Payoneer leverages Citi's blockchain technology to enable 24/7 globalintracompany money transfers.
Payoneer and Cryptocurrency
- Payoneer cards can be used to make online purchases wherever Mastercards areaccepted, which includes buying cryptocurrency on exchanges.
- Payoneer does not make direct transactions with cryptocurrency but can serveas a link with crypto exchanges.
- Payoneer customers can buy cryptocurrencies by using the Payoneer Mastercarddebit card on regulated exchanges such as Bybit, Kraken, or Binance.
- Payoneer can be used as a payment method to securely purchase Bitcoin fromsellers on Paxful.
- Using a Payoneer Mastercard in an exchange to buy crypto should be ok.