Payoneer allows me receive international payments in my country in the right way.
Challenge
Most of our foreign clients faced problems while doing wire transfers to Bangladesh.
Solution
By using Payoneer’s Global Payment Service, we can provide them with bank account information of their own country (US, UK, Canada, and more!)
Result
Our clients around the globe can easily pay us, and we can collect that amount in Bangladesh to pay our vendors, fulfillment partners and alike.
I am Abdullah Jayed, founder and CEO of Jayed Corp. My personal journey started long ago in 2010, but as a company our journey started in January 2016. There are three ventures under Jayed Corp. — BlazeTech which offers lead generation and marketing services.; eCOMcHEF provides e-commerce suggestions while Livtual provides online HR staffing services. Currently, we have a client base in more than 27 countries.
Although Jayed Corp is a Bangladeshi company, we have ventured into USA, UK and Singapore beyond the country’s operations. Our target is to include our company in the Fortune 500 Company and simultaneously make the highest contribution to the country’s economy through employment and bringing remittance in the country.
One of the biggest challenges of global business is payment solutions. Most of my foreign clients faced problems while doing wire transfers to Bangladesh. By using Payoneer’s Global Payment Service we can provide them with bank account information of their own country (US, UK, Canada, and more!) As a result, they can easily pay us and we can collect that amount in Bangladesh to pay our vendors, fulfillment partners and alike.
We can also easily transfer funds to our vendors for various payments. As a result, several middleman percentages are saved, which is a big deal for our business. The most important consideration while receiving international payments is the conversion rate.
Through Payoneer we get a very good conversion rate, which is way better than the available alternatives.
