Payments News

On The Web

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Companies

Payoneer Partners With EC21 to Grow Korean SMBs Globally

“Payoneer, the commerce technology company powering payments and growth for the new global economy, and EC21, a Korean-based global B2B marketplace, have partnered to support the cross-border business of Korean SMBs. EC21 was founded in 2000 as a spin-off of the Korea International Trade Association (KITA) eTrade Services division. The EC21 marketplace connects millions of […]
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Companies

Payoneer and Fiserv Collaborate to Streamline Cross-Border Payouts for Businesses

“Payoneer, the commerce technology company powering payments and growth for the new global economy, and Fiserv, a leading global provider of payments and financial services technology solutions, have teamed up to streamline how businesses deliver payouts to sellers, vendors, contractors, and consumers across borders. The collaboration allows businesses to access Payoneer’s payouts platform via the […]
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Companies

Payoneer Reaches $3.3 Billion Deal to Go Public With Betsy Cohen SPAC

“Payoneer Inc., the online payments firm used by the likes of Airbnb Inc. and Amazon.com Inc., agreed to go public by merging with a blank-check firm led by Betsy Cohen.    The deal with FTAC Olympus Acquisition Corp. values Payoneer at $3.3 billion, the companies said in a statement on Wednesday. The transaction also includes […]
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Companies

Payoneer Opens Dublin Hub for European Payments As Brexit Looms

“Payoneer, a New York-based fintech, has obtained an e-money license from the Central Bank of Ireland and has opened a hub office in Dublin office to prepare for the post-Brexit environment. The split will require some separation of its U.K. offices to manage its European business, according to a company press release.”

On The Wires

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Companies

Payoneer Selects Mastercard to Offer Digital Solutions to Small and Mid-Sized Businesses

“Payoneer Inc. , the global payment and commerce-enabling platform which powers growth for millions of digital businesses worldwide, today announced a multifaceted relationship with Mastercard. Beginning with the Payoneer Digital Purchasing Mastercard, tailor-made for SMBs, eCommerce sellers and freelancers worldwide, Payoneer and Mastercard will work closely to better meet the needs of the B2B market.”
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Companies

Payoneer Launches Payment Orchestration to Supercharge Global Payment Strategies for e-Commerce Merchants in North America

“Payoneer, the digital payment platform empowering businesses around the world to grow globally, today announced that its new payment orchestration platform is available for e-Commerce merchants in North America that are looking to accept international payments. Following its acquisition of optile, Payoneer has now integrated its offering into its core platform and broadened its potential […]