# Payoneer

> Source: https://docs.barcoder.ai/docs/wallets/payoneer
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Payoneer — official](https://www.payoneer.com/)

## 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 <sup>[1][1], [United States report](https://docs.barcoder.ai/docs/payments/US)</sup>. 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)](https://docs.barcoder.ai/docs/wallets/wise)**, **[Airwallex](https://docs.barcoder.ai/docs/wallets/airwallex)** and **[PayPal](https://docs.barcoder.ai/docs/wallets/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 <sup>[2][2]</sup>.

**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)](https://docs.barcoder.ai/docs/wallets/wise)**, **[Airwallex](https://docs.barcoder.ai/docs/wallets/airwallex)**, **[PayPal](https://docs.barcoder.ai/docs/wallets/paypal)**, **[Rapyd](https://docs.barcoder.ai/docs/wallets/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 <sup>[1][1], [2][2]</sup>:
- **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]: https://www.payoneer.com/ "Payoneer — official"
[2]: https://en.wikipedia.org/wiki/Payoneer "Payoneer — Wikipedia"
[us-cro]: https://docs.barcoder.ai/docs/payments/US

- [1] [Payoneer — official][1]
- [2] [Payoneer — Wikipedia][2]
- <sup>[United States report](https://docs.barcoder.ai/docs/payments/US)</sup> In-corpus: see US country report

## Source

Biography extracted from [payoneer.md](https://docs.barcoder.ai/source/wallets/payoneer). See `matrix.md` for standards-support matrix if present.