With Payoneer, you can easily make payments to a large number of payees in just minutes using our robust payments APIs. Our range of mass payout options includes payments to prepaid MasterCard® cards, transfers to local banks, local eWallets, and international checks.
We are experts in international payments and make sure your mass payouts meet the requirements of every country you send money to through our secure and tightly audited payments platform. And Payoneer goes far beyond payments: Payoneer’s Enterprise 360° is an end-to-end solution for global mass payouts, with optional services for managing tax forms, working capital, compliance and risk, and collection of funds.
Payoneer’s Enterprise 360° is a cross-border mass payment solution for businesses to transfer funds to payees in 200+ countries & territories, in 150+ currencies.
Payoneer is a regulated entity in the United States, European Union, Japan and Hong Kong. From KYC to AML, sanctions screening and validation, to risk and fraud prevention, our mass payments platform and team of international payments experts ensure your transactions are secure and comply with all the relevant regulatory requirements.
Payoneer’s mass payouts are API enabled, so you can integrate directly with your own platform and simply initiate a payment API call to our payment engine. Or, upload a .csv file with payment instructions or select the users who need to get paid, enter the amount and click ‘Pay’. Funds are automatically converted to the currencies your users specify, and arrive in their accounts within minutes.
Payoneer enables millions of businesses and professionals around the globe to reach new audiences by facilitating seamless cross-border payments. We provide an entry point for you to expand your brand’s reach by connecting with a large, engaged and fast-growing network of Payoneer users.
Not only does Payoneer make it easy for marketplaces to make international mass payments, we also make it easy for your users worldwide to receive cross-border payments via local bank transfers — exactly as if they were employed by a local company.
Mass payment, also known as mass payout, is a method of paying multiple recipients online simultaneously. Mass payments solutions are often used by organizations that need to make a high volume of payments using multiple payment methods, in multiple currencies, to countries across the world.
Processing a large number of payments individually is both time consuming and error-prone. Relying on manual entry increases the risk of mistakes and missed payments, and makes reconciliation challenging. Mass payouts automate the process, reducing risk while saving your valuable time. A mass payments solution can also save on costs by consolidating banking fees and eliminating the need to manually cut and mail checks.
Some mass payments services work well locally but fail when it comes to cross-border payouts. Or, they may have limited options for payment types. And country-specific regulations and tax compliance laws make international mass payments even more complex.