Payoneer

What It Does

Payoneer is a global payments platform that empowers freelancers, sellers, and businesses to get paid internationally as easily as they do locally. Its unique selling point is the "Global Payment Service," which provides you with local receiving bank accounts in currencies like USD, EUR, GBP, and JPY. This allows a freelancer in South America or Asia to receive a bank transfer from a US client just like a local US employee, avoiding expensive SWIFT wire fees. It also integrates directly with marketplaces like Upwork, Amazon, and Airbnb. For digital agencies and e-commerce sellers scaling globally, Payoneer removes the friction of cross-border commerce, providing a cost-effective, compliant rail to move money across the world and access working capital.

Integrations

AI Features

STOA's Verdict