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Payoneer: Launches Global Cross-Border Payments Capabilities

September 9, 2020

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