Payoneer, Stripe partner to empower SMBs to accept broader range of payments methods
Global financial technology company Payoneer Inc (NASDAQ:PAYO) today announced a strategic partnership with programmable financial services company Stripe.
The collaboration marks an expansion of Payoneer’s Online Checkout offering for cross-border merchants looking to sell direct-to-consumer.
Launching in key markets within the Asia Pacific (APAC) region first, including China and Hong Kong, the upgraded Payoneer Checkout capabilities, powered by Stripe’s best-in-class technology, will empower Small and Medium-sized Businesses (SMBs) to accept a broader range of payments methods via online webstore checkout including Buy Now Pay Later (BNPL) options like Affirm and Klarna, and digital wallets such as Apple Pay and Google Pay.
“We are committed to simplifying cross-border online trade for SMBs,” said Adam Cohen, Chief Growth Officer, Payoneer. “This partnership with Stripe is a strategic step in our journey to expand our Checkout offering and deliver a best-in-class user experience at scale. By combining Payoneer’s local market distribution and expertise with Stripe’s exceptional checkout technology, we’re combining the strengths of both companies to deliver unmatched value to our customers.”
Through this partnership, Payoneer and Stripe are enabling enhanced customer conversion rates, improving acceptance rates, helping to reduce fraud, and expanding payment acceptance options for SMBs selling direct-to-consumer via their own eCommerce webstores.
This enhanced Checkout experience aligns with Payoneer’s strategic vision to expand its SMB financial stack through high-impact partnerships. With Stripe’s advanced capabilities and Payoneer’s customer-first approach, the partnership delivers unmatched value for entrepreneurs and businesses across the globe.