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HomeBusinessFintech Unicorn Payoneer Launches Payment Orchestration For eCommerce Merchants In Asia-Pacific

Fintech Unicorn Payoneer Launches Payment Orchestration For eCommerce Merchants In Asia-Pacific

Through a single API, this new service drives growth, transparency and control for eCommerce merchants that recognize that one payment provider cannot meet their global growth needs

Payoneer, the digital payment platform and Fintech Unicorn, empowering businesses around the world to grow globally, today announced that its new payment orchestration platform is available for eCommerce merchants across Asia-Pacific that are looking to accept international payments through multiple providers.

Following its acquisition of optile, Payoneer has now integrated its offering into its core platform and broadened its potential market by tackling the challenges of global payment acceptance. 

Payoneer’s agnostic payment orchestration platform serves as a technical layer that provides the merchant with a single integration to the best payment providers, payment methods and risk solutions in every region. This empowers merchants in Asia to create their perfect cross-border payment setup, take control and gain transparency into their payment data. By customizing their payment setup, merchants meet the specific needs of their consumers, according to local preferences and user experience norms.

Payoneer’s payment orchestration platform provides merchants with access to its network of over 100 global partners, consisting of global, regional and local payment providers and methods, as well as fraud prevention providers.

“Bringing an independent payment orchestration platform to the Asia-Pacific market aligns perfectly with our mission to connect the world together, making it as easy for merchants with global ambitions,” said Keren Levy, COO at Payoneer. “For merchants that depend on flexibility and choice, our single integration opens their world to the top payment providers globally, optimizes the customer experience and lowers costs.”

Nagesh Devata, Payoneer’s Vice President Asia-Pacific added, “ Our solution is a game changer for the industry and provides a truly novel approach to payments for the region. We look forward to serving more and more enterprises that are expanding both within Asia, as well as into Europe, the Americas and beyond.”

LiveMe, a popular live video streaming social network in Asia, has already chosen to use Payoneer’s payment orchestration platform in addition to its Enterprise payments offering. 

Source: Business World

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