Payoneer is an American company that offers digital money transfers, digital payments, and working capital to customers.
|Total Employees||1395 (2019)|
|Payoneer Net Worth||More Than $1 Billion (Last Updated 2022)|
Payoneer Net Worth
Company headquarters are located in New York City. In 2019, the company had over 1,200 employees in 14 campuses around the globe, serving more than 4 million customers. At its current valuation, the company exceeds $1 billion.
Funds can be sent and received via an e-wallet, a reloadable MasterCard prepaid debit card or a virtual bank account. After a transaction has been completed, the received funds can be transferred to a bank account or redeemed online at merchant locations by using the Payoneer debit card.
It facilitates cross-border business-to-business payments. It offers cross-border financial services in over 200 countries, using over 150 different currencies, including online payments, reloadable debit cards, and international wire transfers.
Major companies use Payoneer
Payoneer is used by companies like Amazon, Airbnb, Upwork, and Google to send large payouts worldwide.
In addition, it is used by eCommerce platforms like Walmart, Rakuten, and Wish.com, marketplaces for freelancers like Envato and Fiverr, and connects them with publishers overseas using ad networks.
Among the content creation platforms that utilize Payoneer are Pond5, iStock, Getty Images, and others.
Payoneer has 320 customer service agents serving 4 million users in 70 different languages, supporting 150 currency options.
A new service was launched by the company in October 2019 that allows small and medium sized firms to send payments cheaply and quickly around the world.