Wallets/payoneer
Payoneer
0 standards supported
Overview
Payoneer is a cross-border payments platform that gives SMBs, freelancers and marketplace sellers multi-currency receiving accounts, payouts, and a payment card to get paid by global marketplaces and clients 1, United States report. It is widely used by sellers on Amazon, Upwork, Fiverr and other platforms to collect funds in local currencies and withdraw or spend them, competing with Wise (formerly TransferWise), Airwallex and PayPal for the cross-border SMB segment.
Payoneer went public on the NASDAQ (PAYO) in 2021 via SPAC and operates across 190+ countries.
History
2005 — Payoneer founded by Yuval Tal in New York to enable cross-border mass payouts 2.
2010s — Marketplace + freelancer growth as e-commerce sellers and gig workers adopted Payoneer receiving accounts and the Payoneer card.
2021 — NASDAQ listing (PAYO) via SPAC merger with FTAC Olympus.
2022-2025 — Expansion into business accounts, working-capital, B2B AP/AR and merchant services; deeper APAC and emerging-market presence.
Ownership & operator
Operating entity: Payoneer Global Inc. (NASDAQ: PAYO).
Founder: Yuval Tal.
Regulators: FinCEN + state money-transmitter regimes + CBI (Ireland EMI) + FCA (UK) + per-country regulators worldwide.
Technical integration
| Layer | Description |
|---|---|
| Channels | Web + mobile app + mass-payout API + marketplace integrations |
| Identifiers | Multi-currency receiving accounts (virtual local bank details) + card + email |
| Receiving accounts | Local USD/EUR/GBP/etc. account details to collect from marketplaces and clients |
| Stack | Payouts, withdrawals, Payoneer card, working capital, B2B AP/AR |
| Customer focus | SMBs, freelancers, marketplace sellers, B2B |
Implementations & partners
Operator: Payoneer Global Inc.
Marketplaces: integrated payouts with Amazon, Upwork, Fiverr, Airbnb and many others.
Card networks: Mastercard-branded Payoneer card.
Competitors: Wise (formerly TransferWise), Airwallex, PayPal, Rapyd for cross-border flows.
Regulators: FinCEN + state money-transmitter + CBI (Ireland) + FCA + per-country.
Status
Active, a leading cross-border payments platform for SMBs and freelancers 1, 2:
- Payoneer Global Inc. (NASDAQ: PAYO), founded by Yuval Tal.
- Multi-currency receiving accounts + payouts in 190+ countries.
- Widely used by marketplace sellers and freelancers.
- FinCEN + state money-transmitter + CBI + FCA + per-country regulated.
Sources
- 1 Payoneer — official
- 2 Payoneer — Wikipedia
- United States report In-corpus: see US country report
Source
Biography extracted from payoneer.md. See matrix.md for standards-support matrix if present.