Digital River and Payoneer Offer More Global Payment Options to Merchants
Digital River, a provider of Commerce-as-a-Service solutions, has partnered with Payoneer to provide merchants more options for facilitating seamless international payments.
Payoneer connects businesses and professionals worldwide through its cross-border payments platform. It supports mass payouts and fund transfers in over 150 currencies through various payment methods, including global bank transfers, prepaid debit cards, local eWallets, and international checks.
Through the partnership, Payoneer’s fast, secure and cost-effective technology will complement the Digital River World Payments solution, which comprises a wide range of value-added services that support the complete payment solution.
Aside from international payment processing, the Digital River World Payments solution includes checkout page optimization, advanced back-office reconciliation services and business intelligence tools, as well as solutions to manage PCI exposure and currency risk.
“As merchants expand their businesses globally, managing international payouts to customers, suppliers, affiliates and partners becomes more complicated and costly, especially when local payment recipients are unable to receive payments through traditional bank accounts,” said Hayden Reed, Digital River’s senior vice president and general manager of Digital River World Payments.
“By working with Payoneer, we further extend our core outbound payment capabilities, offering clients more payout options and ensuring an expedited experience for their customers.”