Payoneer Introduces New Product Features to Propel Small Business Growth
20 Diciembre 2023 - 7:00AM
Business Wire
Product enhancements help SMBs around the world
increase payment efficiency and add greater flexibility and
control.
Payoneer (NASDAQ: PAYO), the financial technology company
empowering the world’s small and medium-sized businesses (SMBs) to
transact, do business, and grow globally, announced new features to
improve the customer experience and help entrepreneurs easily
connect with the global economy.
“SMBs trust us and grow with us because we’re constantly
evolving to help them in ways that give them more control and
flexibility,” said Oren Ryngler, Payoneer Chief Product Officer.
“Our new ‘Add Funds’ feature gives customers more control of their
finances by allowing them to add money into their Payoneer accounts
directly from their bank accounts, ensuring they always have the
necessary funds at their fingertips to make payments globally. Our
new updates to Payoneer Checkout help customers accept online
payments via their webstores safely and easily, and can contribute
to a higher rate of customer conversions. Our commitment to always
upleveling the customer experience enables SMBs to scale to new
markets and thrive.”
Key new features include:
More flexibility and control with Add Funds The ‘Add
Funds’ function marks a new development in Payoneer’s capabilities,
helping customers better manage their finances. Payoneer customers
can now easily add single-currency funds directly from their local
bank accounts into their multi-currency Payoneer accounts. This
feature allows greater financial flexibility and control for SMBs
to use their funds for ordering inventory, buying services, or
paying contractors via their Payoneer account. This new capability
is live in select countries in Latin America and Europe, with
further rollout planned soon.
Smoother experiences with Payoneer Checkout Payoneer
Checkout is a solution that empowers SMB merchants to seamlessly
and securely accept online payments from their global customers
that shop for goods and services at their online stores. Introduced
in 2022, Payoneer Checkout has experienced significant growth since
launch as SMBs increasingly rely on it to scale their businesses.
Updates include new pre-dispute alerts to help SMB merchants avoid
costly chargebacks. The Native Shopify checkout feature helps
merchants deliver a seamless payment experience to their customers
when shopping at their Shopify store. With this major update, the
checkout process becomes native, removing redirects so consumers
can pay on the same page within the online store.
Increased efficiency when managing payments Other feature
updates support multiple payment requests, giving Payoneer account
holders greater flexibility and saving them time. For example, as
part of the latest feature release, Payoneer improved bulk payment
processing for customer convenience. Batch payment requests now
handle up to 200 requests at once, and batch payments now support
sending funds to 500 Payoneer accounts simultaneously. The upcoming
role management feature will help distribute workloads by letting
account owners set up contributor roles for staff.
To learn more about Payoneer’s latest feature releases, please
visit the website.
About Payoneer
Payoneer is the financial technology company empowering the
world’s small and medium-sized businesses to transact, do business,
and grow globally. Payoneer was founded in 2005 with the belief
that talent is equally distributed, but opportunity is not. It is
our mission to enable anyone anywhere to participate and succeed in
the global digital economy. Since our founding, we have built a
global financial platform that has already made it easier for
millions of SMBs, particularly in emerging markets, to pay and get
paid, manage their funds, and grow their business.
Disclaimer
Payoneer (including via affiliated entities) does not carry on
payment services business in jurisdictions where it does not have a
license or authorization where required, and nothing herein should
be construed as if Payoneer is soliciting or inviting any person
outside the jurisdiction where it operates to engage in payment
services provided by Payoneer (or any of its affiliated entities as
applicable), unless permitted by applicable laws. Payoneer will not
onboard or service customers from jurisdictions outside where the
Payoneer is operating, unless permitted by law.
Forward-Looking Statements
This press release includes, and oral statements made from time
to time by representatives of Payoneer, may be considered
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally
relate to future events or Payoneer’s future financial or operating
performance. For example, projections of future revenue,
transaction cost and adjusted EBITDA are forward-looking
statements. In some cases, you can identify forward-looking
statements by terminology such as “may,” “should,” “expect,”
“intend,” “plan,” “will,” “estimate,” “anticipate,” “believe,”
“predict,” “potential” or “continue,” or the negatives of these
terms or variations of them or similar terminology. Such
forward-looking statements are subject to risks, uncertainties, and
other factors which could cause actual results to differ materially
from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by Payoneer and its
management, as the case may be, are inherently uncertain. Factors
that may cause actual results to differ materially from current
expectations include, but are not limited to: (1) changes in
applicable laws or regulations; (2) the possibility that Payoneer
may be adversely affected by geopolitical events and conflicts,
such as the current conflict between Israel and Hamas, and other
economic, business and/or competitive factors; (3) Payoneer’s
estimates of its financial performance; (4) the outcome of any
known and/or unknown legal or regulatory proceedings; and (5) other
risks and uncertainties set forth in Payoneer’s Annual Report on
Form 10-K for the period ended December 31, 2022 and future reports
that Payoneer may file with the SEC from time to time. Nothing in
this press release should be regarded as a representation by any
person that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. Payoneer does not undertake any duty to
update these forward-looking statements.
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