This Fintech Company is Turning its Rivals Into Partners Globally

Payoneer, a global digital payment company, is steering a steady growth by targeting small businesses globally. The company's strategy has seen the company register triple-digit growth in payment volume in Asia since 2012, according to a data released by Payoneer.

The New York-headquartered Payoneer is making cross border payment easier globally. It helps small and medium business owners in solving the pain points related to digital payments. It processes around 150 currencies across 200 countries. The company has the four-million strong clientele that includes the likes of large corporations like Airbnb, Google, Amazon, Getty Images and Upwork.

Globally, the company's payment transaction volume in 2016 grew 86.2 percent to $7.82 billion, whereas Asia saw a massive 153 percent increase on-year. The company is targeting to increase its presence in more Asian countries after making inroads into China, Japan, South Korea and India...

https://www.entrepreneur.com/article/317478

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by Idham Azhari