Payoneer, an online payments company has been selected by Amazon
to expand cross-border payment options to sellers from 24 countries who
sell on marketplaces in the U.S., Spain, France, Italy, Germany and the
UK. As a featured payment solution for select countries within Amazon
Seller Central, Payoneer provides a simple and convenient way for
sellers from top markets including China, Japan and South Korea to
receive their Amazon disbursements.
In co-operation
with Payoneer, Amazon now allows sellers to sign up for Payoneer
directly from Amazon Seller Central. Upon Payoneer registration, sellers
receive online accounts that can collect Amazon disbursements and that
provide access to these disbursements through local bank account
withdrawal or through the use of a Payoneer MasterCard®. This alliance
marks the first time that Amazon has expanded Seller Central
cross-border payment capabilities through alliance with an external
payment solution.
“We’re
very excited to work with Amazon and support the needs of the rapidly
growing cross-border e-tailing community by providing efficient and easy
payments,” said Scott Galit, CEO of Payoneer. “Amazon is the driving
force in empowering the world of eCommerce by connecting buyers and
sellers from all over the world. Today, marks yet another step in our
mission to streamline every step of the payment cycle for both
marketplaces and sellers.”
Projections*
show that eCommerce sales will reach $3.5 trillion within the next five
years (12.4 per cent of total retail sales) as more people around the
world come online. With sellers in more than 100 countries, Amazon
continues to remove barriers
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