Payoneer and Stripe Partner to Deliver Enhanced Online Checkout Experience for SMBs from Around the Globe
Rhea-AI Summary
Payoneer (NASDAQ: PAYO) announced a strategic partnership with Stripe to enhance its Online Checkout offering for cross-border merchants. The upgraded capabilities will first launch in APAC markets, including China and Hong Kong, enabling SMBs to accept diverse payment methods including BNPL options and digital wallets.
Payoneer Checkout has demonstrated significant growth, reaching nearly $1 billion in run-rate annual volume and generating $30 million in revenue over the last twelve months through June 30, 2025, marking over 100% year-over-year growth. The partnership aims to improve customer conversion rates, enhance acceptance rates, reduce fraud, and expand payment options for SMBs selling through eCommerce webstores.
Positive
- Payoneer Checkout reached nearly $1 billion in run-rate annual volume in three years
- Revenue of $30 million with over 100% year-over-year growth
- Partnership expands payment options including BNPL and digital wallets
- Strategic expansion into key APAC markets including China and Hong Kong
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PAYO gained 1.93%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Launching in key markets within the
In the three years since launching Payoneer Checkout, the company has scaled from zero to nearly
"We are committed to simplifying cross-border online trade for SMBs," said Adam Cohen, Chief Growth Officer, Payoneer. "This partnership with Stripe is a strategic step in our journey to expand our Checkout offering and deliver a best-in-class user experience at scale. By combining Payoneer's local market distribution and expertise with Stripe's exceptional checkout technology, we're combining the strengths of both companies to deliver unmatched value to our customers."
Through this partnership, Payoneer and Stripe are enabling enhanced customer conversion rates, improving acceptance rates, helping to reduce fraud, and expanding payment acceptance options for SMBs selling direct-to-consumer via their own eCommerce webstores.
This enhanced Checkout experience aligns with Payoneer's strategic vision to expand its SMB financial stack through high-impact partnerships. With Stripe's advanced capabilities and Payoneer's customer-first approach, the partnership delivers unmatched value for entrepreneurs and businesses across the globe.
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for SMBs, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
For more information, visit www.payoneer.com.
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SOURCE Payoneer Inc