Payoneer is a global payment platform that enables businesses to make and receive payments across borders. It offers a multi-currency account that allows users to receive funds from various marketplaces, platforms, and clients worldwide. Payoneer provides services such as international money transfers, digital payments, and access to working capital.
The company's technology connects businesses with customers globally, enabling them to participate in the digital economy. Payoneer's platform supports over 200 countries and 150 local currencies, facilitating cross-border transactions and streamlining payment processes.
Payoneer offers solutions tailored for different user segments, including freelancers, businesses, and marketplaces. Freelancers can utilize Payoneer to receive payments from clients globally and manage their earnings. Businesses can pay suppliers, contractors, and service providers internationally while accepting payments worldwide. Marketplaces can leverage Payoneer's infrastructure for secure international payouts and reach new markets seamlessly.
In January 2022, Payoneer went public on the Nasdaq exchange under the ticker symbol PAYO. As of November 2022, the company allowed users to receive payments from customers in over 180 countries, facilitating global commerce and enabling businesses to thrive in the digital economy.
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