Payoneer, known in the payments industry as an innovative cross-border payments company that is disrupting the status-quo regarding the way businesses pay and get paid on the global scale, announced recently that it is releasing its integrated Payments API.
This API will make it easier than ever before for SaaS providers such as invoicing platforms, accounting platforms, and freelance management systems to power payments on their respective platforms.
As a result of this end-to-end solution, platforms enable their users to seamlessly building their customers and receive cross-border payments from consumers—directly via their platform.
The massive volume of SaaS platforms is revolutionizing the global market. SMBs are now capable of competing with larger enterprises by utilizing cloud technology companies, such as Time Doctor or Green Invoice, who enable them to operate on a completely new level, comparable with the big boys of the industry.
“Payoneer is the most convenient method for powering payments on our platforms, and it’s especially useful for paying remote employees in countries such as Russia, Ukraine, India and Pakistan,” explains Rob Rawson, Chief of Staff at Time Doctor. “Their API integration is perfect for platforms like ours. A company can use Time Doctor to track employee hours and verify that the work was done with screenshots and our tracking tools, and then they can use Payoneer’s simple integration to easily pay their contractors.”
“Modern day businesses are thirsty for international growth and the increase in business platforms are helping them speed up that process,” Eyal Moldovan, VP Business Development at Payoneer explains. “There is no one-size-fits-all when it comes to streamlining business processes so the Integrated Payments API aims to support businesses no matter where and how they are currently working. Our seamless API integration will enrich the offering of business platforms with a value-added service, while also solving one of their customer’s greatest challenges – getting paid in a global economy.”