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Payoneer Checkout has arrived! It’s time to take your store to the next level

If you manage, or are thinking of opening, your own web store and selling directly to consumers (DTC) as well as on marketplaces such as Amazon, Wish, or others, then you’ll be pleased to know you’re riding one of the biggest waves to hit the eCommerce industry in the past few years. The global DTC…

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Payoneer Team

If you manage, or are thinking of opening, your own web store and selling directly to consumers (DTC) as well as on marketplaces such as Amazon, Wish, or others, then you’ll be pleased to know you’re riding one of the biggest waves to hit the eCommerce industry in the past few years. The global DTC market has seen significant growth during the COVID pandemic and beyond, with DTC eCommerce sales in the US projected to reach $175 billion by 2023, a 56% growth from 2020. In the east, in India, the market is forecasted to multiple three-fold from 2020 to 2025, reaching a projected $100 billion in sales. But of course, owning a web store doesn’t mean much unless your customers have a convenient and easy way to pay for the products you’re selling, and you have a payment solution that is convenient, secure, and reliable to use.   That’s why we are pleased to announce the launch of Payoneer Checkout, marking Payoneer’s entry into payment acceptance for direct-to-consumer (DTC) webstores.
Built for today’s world of open commerce, Payoneer Checkout offers ecommerce merchants a simple and reliable way to expand and grow through direct-to-consumer sales all around the globe. As an online seller with Payoneer Checkout, you’ll be able to:
  • Manage all your web store and marketplace earnings in one unified Payoneer account.
  • Grow your revenue by saving on FX costs, better FX rates across a wide range of currencies, and generate more revenue due to superior acceptance rates.
  • Control and easily fight chargebacks with advanced anti-fraud solutions.
  • Get approved, onboard, and integrate your store easily and quickly through a variety of methods and customize your checkout solution as you see fit.
  • Use your combined earnings to pay suppliers or advertising costs, withdraw to your local bank, spend online or in-store, and much more.
Sellers can integrate with Payoneer Checkout directly or via ecommerce platforms, thereby simplifying the way they set up their stores and start accepting payments from customers worldwide.  And, by consolidating all funds across marketplaces and web stores in Payoneer’s multi-currency accounts, you’ll not only be able to leverage all of Payoneer’s existing payment services, but also be able to manage your customers’ payments and sell on any digital channel to expand your business globally. With Payoneer Checkout, online sellers will now be able to seize the opportunity to expand their business in the massive DTC market and take another step towards realizing their potential in the world of digital commerce.

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  Note: Payoneer Checkout is currently only available to merchants in Asia-Pacific but will gradually be extended globally. Read here to learn more about Payoneer Checkout in Chinese

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Nothing herein should be construed as if Payoneer Inc. or its affiliates are soliciting or inviting any person outside the jurisdiction where it operates/is licensed to engage in payment services provided by Payoneer Inc. or its affiliates, unless permitted by applicable laws. Any products/services availability are subject to customer’s eligibility. Not all products/services are available in all jurisdictions in the same manner. Depending on your eligibility, you may be offered with the Corporate Purchasing Mastercard, issued by First Century Bank, N.A., under a license by Mastercard® and provided to you by Payoneer Inc., or the Payoneer Business Premium Debit Mastercard®, issued and provided from Ireland by Payoneer Europe Limited under a license by Mastercard. The Payoneer Business Premium Debit Mastercard® cannot be used at merchants or ATMs in Hong Kong or for HKD payments. If you are located in the EEA, all Payoneer Services will be provided to you by Payoneer Europe Limited, trading as Payoneer and regulated by the Central Bank of Ireland.

The information in this document is intended to be of a general nature and does not constitute legal advice. While we have endeavored to ensure that the information is up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability or suitability of the information. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever incurred in connection with the information provided.

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