Payoneer Delivers Added Value for Business Platforms with Latest Payments API

by PaymentsJournal 0

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Payoneer, aninnovative cross-border payments company transforming the way businesses payand get paid globally, announced today that it is releasing its IntegratedPayments API, making it easier than ever for SaaS providers such as invoicingplatforms, accounting platforms and freelance management systems to powerpayments on their platforms. With this end-to-end solution, platforms enabletheir users – SMBs & professionals – to easily bill their customers andreceive cross-border payments from their clients, directly through theirplatform.

The influx of SaaS platforms arechanging the global market. SMBs can now compete for business against thelarger, incumbent enterprises by utilizing cloud technology companies – likeTime Doctor and Green Invoice – who allow them to operate more efficiently andon an entirely new scale. A vital component of this success is the ability fora company to cost-effectively and easily collect payments from their internationalclients and to pay their overseas suppliers, contractors and team members, nomatter where they are in the world.

Through the Integrated Payments APIbusiness platforms and other SaaS providers around the world can leveragePayoneer’s strong payment solutions, comprehensive global banking network andindustry leading risk management technology, to offer their customers a simpleand cost-effective way to send and receive cross-border payments. Supportingpayments in over 200 countries and territories and over 150 currencies,Payoneer’s API enables customers to easily send and receive payments frominternational clients all around the world, directly through theirapplications, be it an invoicing app like Green Invoice, a freelance payrollapp such as Time Doctor, or any other online platform.

“Payoneer is the most convenient methodfor powering payments on our platforms, and it’s especially useful for payingremote employees in countries such as Russia, Ukraine, India and Pakistan,”explains Rob Rawson, Chief of Staff at Time Doctor. “Their API integration isperfect for platforms like ours. A company can use Time Doctor to trackemployee hours and verify that the work was done with screenshots and ourtracking tools, and then they can use Payoneer’s simple integration to easilypay their contractors.

“Modern day businesses are thirsty forinternational growth and the increase in business platforms are helping themspeed up that process,” Eyal Moldovan, VP Business Development at Payoneer explains.“There is no one-size-fits-all when it comes to streamlining business processesso the Integrated Payments API aims to support businesses no matter where andhow they are currently working. Our seamless API integration will enrich theoffering of business platforms with a value-added service, while also solvingone of their customer’s greatest challenges – getting paid in a globaleconomy.”

About Payoneer

Payoneer empowers global commerce byconnecting businesses, professionals, countries and currencies with itsinnovative cross-border payments platform. In today’s borderless digital world,Payoneer enables millions of businesses and professionals from more than 200countries to reach new audiences by facilitating seamless, cross-borderpayments. Additionally, thousands of leading corporations including Airbnb,Amazon, Getty Images, Google and UpWork rely on Payoneer’s mass payoutservices.

With Payoneer’s fast, flexible, secureand low-cost solutions, businesses and professionals in both developed andemerging markets can now pay and get paid globally as easily as they dolocally. Founded in 2005 and based in New York, Payoneer isventure-backed, profitable and ranked in the top 100 of Inc. 5000’s FinancialServices companies