Payoneer has partnered with Stripe to broaden its On-line Checkout, giving SMBs promoting cross-border direct-to-consumer entry to BNPL choices and digital wallets.
The partnership will launch within the Asia Pacific the place wallets and BNPL are sometimes most well-liked over bank cards.
Payoneer, which went public in 2021 and has a market cap of round $2.5 billion, has quickly grown On-line Checkout to just about $1 billion in annual quantity.
International funds firm Payoneer is teaming up with funds infrastructure fintech Stripe to enhance the checkout expertise for world retailers. The strategic partnership will allow Payoneer to broaden its On-line Checkout providing for retailers promoting cross-border items direct-to-consumer.
Payoneer’s new capabilities will assist small and medium-sized companies (SMBs) settle for extra fee strategies at their on-line level of sale. Stripe will assist Payoneer facilitate purchase now, pay later (BNPL) choices like Affirm and Klarna, in addition to digital wallets resembling Apple Pay and Google Pay.
At launch, Payoneer’s new checkout capabilities might be obtainable within the Asia Pacific area first, together with in China and Hong Kong, geographies the place digital wallets and BNPL are sometimes most well-liked over bank cards.
Payoneer and Stripe anticipate that the partnership will assist retailers improve their buyer conversion charges, enhance acceptance charges, cut back fraud, and broaden fee acceptance choices for SMBs promoting to direct-to-consumers shopping their very own ecommerce websites.
“We’re dedicated to simplifying cross-border on-line commerce for SMBs,” stated Payoneer Chief Progress Officer Adam Cohen. “This partnership with Stripe is a strategic step in our journey to broaden our Checkout providing and ship a best-in-class person expertise at scale. By combining Payoneer’s native market distribution and experience with Stripe’s distinctive checkout know-how, we’re combining the strengths of each corporations to ship unmatched worth to our clients.”
Launching new fee strategies will assist Payoneer entice SMB retailers, as it could possibly assist them compete globally by providing a complicated checkout expertise with a number of fee choices which might be usually supplied by bigger retailers.
Payoneer was based in 2005 to assist SMBs transact, do enterprise, and develop globally. The corporate’s world monetary stack helps take away obstacles and simplify cross-border commerce to make it simpler for companies to connect with the worldwide financial system, pay, receives a commission, handle their funds throughout a number of currencies, and develop their companies.
The New York-based firm launched Payoneer Checkout in 2022 and has since scaled from zero to virtually $1 billion in run-rate annual quantity. From June 2024 to June 2025, Payoneer generated $30 million in income, representing over 100% year-over-year development.
Payoneer went public by way of a SPAC merger with FTAC Olympus Acquisition Corp. in 2021. The corporate listed on the NASDAQ in June of that very same yr beneath the ticker PAYO and has a present market capitalization of roughly $2.5 billion.
Photograph by HT_NGUYEN
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