- Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks
- By using API integrations, Payoneer for Banks will become available to traditional financial institutions globally
- Then the program comes with partnerships with 10 eBanks and eWallets in 10 countries, and more are in the works, the release says
- In launching Payoneer for Banks, the firm aims to help combat the often sluggish nature and unnecessary fees associated with cross-border pay in the pas
- In addition, the release says the increasing number of open banking applications was a factor
- Payoneer General Manager, SMBs Eyal Moldovan said the new service will help financial institutions grow and partner with Payoneer
