What Integrations Does Payoneer Support? Solutions for Business, Marketplaces, and Ecommerce

The Payoneer platform offers Ukrainian companies a wide range of financial instruments, including integration with their own business systems, which has proven particularly popular for organisations of varying sizes. An integration allows you to automate the processes of receiving and paying out funds  to a multicurrency account, by simplifying work with customers and partners in different countries. 

In this article, we’ll examine the various types of integrations available, ranging from API solutions to e-commerce plugins, banking modules, and affiliate models. We’ll also explain how to connect APIs in practice, what benefits a business gets, and what technical and regulatory nuances to consider.

What is Payoneer integration, and why is it needed?

Payoneer integration enables you to connect the platform to the company’s internal systems via API, automating the processing of financial transactions. Thanks to Payoneer API integration, a business can accept payments from customers and make payments to partners without manual intervention. For example, platforms like eBay use this connection so that sellers can quickly receive funds after sales are completed.

Payoneer integration is handy for companies with a high volume of transactions or an international customer base. Key users include marketplaces, SaaS services, eCommerce companies, and banks. This ensures reliable interaction between platforms, automates transfers, and makes working with international customers more transparent and efficient.

Main types of Payoneer integrations

Payoneer integrations encompass a wide range of solutions for automating financial processes in business, including mass payments and receipts, as well as facilitating interactions with banks and marketplaces. These solutions enable Ukrainian companies, e-commerce platforms, and fintech projects to manage international transfers and expand into new markets efficiently.

API integrations (mass payouts, collection, services)

Payoneer’s mass payout integration automates payments to large numbers of recipients, from freelancers to suppliers. The API solution covers the functions of creating accounts for receiving funds (Collection API) and managing services and balances. Businesses in Ukraine can centrally process international transactions without wasting time and resources on complex banking settings.

eCommerce plugins (WooCommerce, Shopify, Magento)

For popular e-commerce platforms such as WooCommerce, Shopify, and Magento, the service offers ready-made checkout plugins. These plugins enable you to accept payments from customers in various countries directly into your Payoneer account, eliminating the need to develop your own payment module. 

This is particularly convenient for Ukrainian online stores entering foreign markets. For vendors studying how to sell on Amazon, such tools simplify the receipt of funds from international buyers and make the process more transparent.

Banking integrations (bank partner API, FX conversion)

Banking integrations involve connecting financial institutions through the Bank Partner API, enabling banks to offer customers convenient access to their services. The FX Conversion module offers transparent currency conversion, a crucial feature for companies operating in multiple currency zones. Payoneer integrations foster fintech partnerships and enable Ukrainian companies to use digital payments.

Partner solutions for marketplaces

For large platforms that facilitate international payments for marketplaces, the service includes specialized partner integrations that allow marketplaces to quickly and efficiently pay thousands of sellers worldwide, eliminating the need for intermediaries. Using Payoneer integration means you can automate payments, comply with regulatory requirements, and scale your business.

How Payoneer integration works in practice

Payoneer integration enables businesses to connect their payment infrastructure directly to their systems so they can receive, process, and pay out funds in multiple currencies. Below are the main steps for connection, along with examples of use in eCommerce and marketplaces.

Step	Description	Example of use
1. Connecting a business account	A business creates a Payoneer corporate account and applies for a partnership through the Developer Portal.	The Ukrainian marketplace allows businesses to create a business account for managing payments to sellers in various countries.
2. Obtaining API keys and tokenization	After confirming the partnership, the company receives API tokens for secure communication between the site and the service.	The SaaS platform connects a token to access user data and transactions in real time.
3. Sandbox testing	In the sandbox environment, payment requests, status processing, and potential errors are tested before transitioning to live operations.	An eCommerce company is testing an automatic refund feature in a sandbox before launch.
4. Transition to production	After the tests are completed, the system is launched into production, where operations are carried out with real accounts and currencies.	The platform automates payments via Payoneer, allowing suppliers to receive funds weekly without manual intervention.
5. Monitoring and support	The service offers detailed reports, an API for transaction monitoring, and support for seamless integration.	The partner bank uses API analytics to monitor clients’ currency transfers.

Advantages of Payoneer integrations for Ukrainian businesses

• Fast international payments without intermediaries. Payoneer integration allows you to send and receive funds directly, without unnecessary banking procedures and additional fees
• Multicurrency. Multi-currency support enables businesses to trade internationally, allowing them to plan currency flows more flexibly.
• Convenient accounting automation. Integration helps automatically transfer payment data to accounting systems, simplifying the tracking of income and expenses.
• Easy scaling of business abroad. Payoneer API for Business simplifies expansion into new markets and connecting additional merchants, ensuring stable work with international partners.
• Improved payment management and control. The use of Payoneer integrations enables you to receive detailed transaction reports, control financial flows, and manage reserves more effectively.
• Integration with platforms and marketplaces. Payoneer integration with marketplaces and SaaS platforms enables Ukrainian companies to accept payments from global customers quickly and easily, without complex technical settings.

How a Ukrainian business can start integrating with Payoneer

First, register a business account to access payment tools and integrations with your systems. Please ensure that you use official company documents, and note that data verification may take several business days. Next, apply for API access or partnership through the Payoneer team. In your application, please specify your business model, transaction volumes, and anticipated usage scenarios.

Second, review the API documentation in the Developer Portal to determine which type of integration is best suited for your business. Upon request, the technical team will provide you with sample queries, tokens, and data structures to help you get started quickly. Use the sandbox to test payment scenarios, including merchant payments and customer payment processing, to avoid errors in real operations.

Third, after testing is complete, launch the integration into production and agree on all the details with the service representative. Before launching, ensure the system meets PCI DSS security requirements. Don’t forget to connect Payoneer Checkout, so that eCommerce projects can accept international payments directly into their account. This expands the possibilities of receiving funds from customers in the US, EU or Asia without intermediaries. Monitor API logs and account balances to ensure timely payment processing and utilize all the analytical tools available on the platform to track transactions and manage cash flows effectively.

Potential limitations and what to consider before integration

• Legal requirements (KYC, AML). Provide complete company and end-user data to comply with international security standards.
• Conversion fees. Plan currency flows and consider conversion fees to minimize costs when making international transfers.
• API geographic availability: Verify currency and region support in the Payoneer integration, as some options may not be available for international transactions.
• Technical Support and Testing Environment (Sandbox): Use the sandbox to test payments and prepare the system for real-world operations, while receiving technical support from the team. 
• Platform compatibility: For businesses that utilize FinTech integrations for eCommerce, it is crucial that the API functions correctly with CRM, ERP, and payment gateways.
• Bandwidth and scalability: Evaluate the API’s ability to handle large transaction volumes, ensuring stable operation for Payoneer in marketplaces.
• Having an account in Ukraine: Ensure you have an active Payoneer account in Ukraine to facilitate international payments.

Conclusion: Experience the benefits of Payoneer integration

For Ukrainian companies working with international clients, Payoneer integration is a true payment management assistant. Businesses get tools to automate, scale, and control financial flows. Open an account today and experience the benefits of integration right away.

Frequently asked questions (FAQs)