NEW YORK, December 22, 2014 /PRNewswire/ --
- Payoneer connects fast-growing mobile shopping platform with
its community of international merchant suppliers
- Wish drawn by Payoneer's leading cross-border payment
platform, China market expertise
and localized customer service, supporting merchant suppliers from
more than 200 countries
Payoneer Inc., a leading online payments company transforming
the way businesses send and receive cross-border payments, is now
facilitating payouts for merchant suppliers on Wish, a top mobile
social e-commerce application that offers consumers a highly
personalized shopping experience.
Payoneer facilitates payouts to Wish's merchant suppliers
globally through its cross-border payments platform. Through
Payoneer's API, Wish fully integrates payouts with its current
business flow, enabling Wish merchant suppliers to instantly
receive their payments directly to their Payoneer accounts and have
multiple ways to receive their funds in their local currency.
Over the past three years, Wish has quickly grown to host more
than tens of millions of users worldwide. It is consistently
ranked one of the top mobile applications in both the Android
Shopping and iPhone Lifestyle categories, with the majority of
orders originating from the Wish mobile application. Wish, with its
unique global supply chain networks in countries around the world,
needed to provide its merchant suppliers with a compliant way to
easily receive payments for their sales. To that end, Payoneer now
enables merchant suppliers on Wish to receive their payments
through Payoneer's various payment solutions.
"At Wish, we aim to make the selling process as easy as possible
for our merchant suppliers," said Danny
Zhang, co-founder of Wish. "Merchant suppliers simply upload
their products, abide by the trading rules and guarantee good
quality and on-time delivery. Partnering with Payoneer makes the
payout process simple by ensuring merchant suppliers receive their
funds quickly and seamlessly. This partnership will help us attract
more merchant suppliers around the world and increase overall
revenue."
Payoneer has already built strong momentum in the Asia Pacific region. The company recently
announced a strategic investment from Ping An Group, a leading
integrated Chinese financial services provider and the largest
non-state-owned enterprise in China. In addition, Payoneer recently
appointed former SWIFT executive Patrick de
Courcy to lead its Asia
Pacific business activities.
"Payoneer and Wish have a shared vision for how merchant
suppliers from all over the world can rapidly grow their businesses
in the modern digital economy," said Scott
Galit, CEO of Payoneer. "Both companies have made
significant investments to help merchants around the world sell
globally. We are excited to play a role in facilitating growth for
such a unique mobile commerce platform by making payouts to Wish's
international sellers easier and more efficient. There is so much
opportunity in the Asia Pacific
region, and Payoneer is continuing to extend its position there as
a leading global payments provider."
To learn more about how Payoneer is empowering global commerce
with cross-border payment services for business, visit the Payoneer
website.
About Payoneer
Payoneer empowers global commerce by connecting businesses,
professionals, countries and currencies with its innovative
cross-border payments platform. In today's borderless digital
world, Payoneer enables millions of businesses and professionals
from more than 200 countries to reach new audiences by facilitating
seamless, cross-border payments. Additionally, thousands of leading
corporations including Airbnb, Elance-oDesk, Getty Images and
Google rely on Payoneer's mass payout services.
With Payoneer's fast, flexible, secure and low-cost solutions,
businesses and professionals in both developed and emerging markets
can now pay and get paid globally as easily as they do locally.
For more information, visit us at http://www.payoneer.com or
follow us on Twitter and Facebook.
About Wish
Wish brings together top technical talent from Google, Facebook,
and Yahoo!. Wish, http://www.wish.com, improves online merchandise
discovery by helping users find the products they love, share these
products with friends, score great prices, and unlock exclusive
rewards.
Wish was launched in November 2011
and already has over tens of millions of registered users
worldwide, making it one of the top 10 mobile applications in both
the Android Shopping and iPhone Lifestyle categories. Using Google
search level intent data, Wish optimizes the consumer shopping
experience by effectively connecting users to sellers with relevant
products.
For additional information:
Beth Kempton, Walker Sands
Communications
PR@payoneer.com
+1-312-241-1178