Payoneer Supports SMEs in Emerging Markets at Money20/20 USA

Posted under: SMB
Date: 2024-01-08
Payoneer Supports SMEs in Emerging Markets at Money20/20 USA

At Money20/20 USA 2023, Rowland Berry, Senior Director of Global Strategic Partnerships at Payoneer, discussed the challenges faced by small and medium-sized enterprises (SMEs) in emerging markets and highlighted Payoneer's solutions. Berry emphasized the financial constraints of SMEs globally, especially in emerging markets, where limited payment services and high costs create complexities. Payoneer aims to address these challenges by consolidating payment capabilities on one platform, providing a seamless user experience for SMEs. Payoneer introducing tailored products and services. For instance, virtual cards cater to SMEs dealing with global marketplaces, enabling them to manage income collection, foreign exchange solutions, contractor payments, and advertisement expenditures. Payoneer's solutions enable SMEs to expand globally, promoting integration into the international economy and a more favorable payments landscape in emerging markets.

Read more at: fintechmagazine.com