Full-Time
Posted on 2/21/2025
Global payment platform for cross-border transactions
$120k - $140kAnnually
Mid, Senior
New York, NY, USA
This position is hybrid, requiring some in-office days.
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Payoneer provides a global payment platform that makes international business transactions easier and more affordable. The platform allows businesses to send and receive payments in various currencies, which helps them expand into new markets without the hassle of traditional international wire transfers. By enabling companies to transact as if they were local, Payoneer reduces the complexity and costs associated with cross-border payments. It serves a diverse clientele, from small businesses to large corporations, and connects users to major online marketplaces, enhancing their global reach. Payoneer generates revenue by charging lower fees for its services compared to traditional banks, making it a cost-effective choice for businesses looking to operate internationally.
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$553.5M
Headquarters
New York City, New York
Founded
2005
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Parental Leave
Wellness Program
Flexible Work Hours
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Tech Mahindra's collaboration with Payoneer streamlines secure and flexible cross-border transactions for all stakeholders involved.
PayPal has been a major force in digital payments since its debut in 1998, leading the charge in online financial interactions. However, the digital payment sector is continually evolving, giving rise to a myriad of alternatives. These include Venmo, Wise, Payoneer, Zelle, and more. These contenders specialize in various areas, offering tailored experiences to meet diverse consumer needs.Evolving Digital Payment ArenaWith a history spanning over two decades (24 years), PayPal has witnessed the rise of various competitors. Venmo is renowned for peer-to-peer transactions, Wise is a go-to for international transfers, and Zelle offers an easy solution for those not keen on app usage, such as older family members.This brings us to a pivotal question: which payment app aligns best with your specific needs?Understanding the Choices: A Comparative OverviewTo assist in navigating this landscape, here’s a breakdown of key players and their distinct offerings:1. Venmo Zelle: Peer-to-Peer Specialists
Payoneer has acquired Singapore-based payroll/HR platform Skaud for $61 million to enhance its financial services for SMBs. The acquisition aims to improve Payoneer's workforce management capabilities, including payroll and contractor management, and expand its presence in Singapore. Payoneer CEO John Caplan highlighted the importance of this deal in improving accounts payable offerings amid financial challenges faced by SMBs, such as outdated payment systems and inflation.