Payoneer
Cross-border payments and receiving accounts for global sellers.
- Countries served
- Worldwide
- Languages
- English
- Last reviewed
- 2026-10-31
Overview
Payoneer is a financial services company that provides a platform for cross-border digital payments and online money transfers. The company enables businesses, freelancers, and online sellers to receive payments in multiple currencies and manage their global transactions. It serves as a financial intermediary, bridging the gap between international marketplaces and local bank accounts for clients worldwide.
Products and services
- Receiving accounts in multiple currencies
- Global mass payout services
- Business debit cards
- Working capital financing
- B2B payment processing
- Integration with major e-commerce marketplaces
Business problems addressed
- High costs associated with traditional international wire transfers
- Difficulty managing multiple currencies in a single account
- Delays in cross-border payment settlements
- Complexity of accessing global e-commerce marketplaces from local markets
- Fragmented payment collection across international platforms
Key benefits and capabilities
- Multi-currency virtual receiving accounts
- Direct payment withdrawals to local bank accounts
- Integration with accounting software
- Automated tax form management
- Secure transaction monitoring and fraud protection
- Global payment network access
Frequently asked questions
- Can I use Payoneer to receive payments from global marketplaces?
- Yes, Payoneer provides local receiving account details that allow users to collect payments directly from major e-commerce marketplaces.
- Does Payoneer support multiple currencies?
- Yes, the platform enables users to hold and manage funds in several major international currencies.
- Is it possible to transfer funds from Payoneer to a local bank account?
- Yes, users can withdraw funds from their Payoneer balance to their linked local bank accounts in their preferred currency.
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