Payoneer expands business to Direct-to-Consumer (DTC) model, launches payment acceptance service for small and medium online businesses worldwide.
Payoneer launches Payoneer Checkout service, marking a new step for the company in the field of payment acceptance for its direct-to-consumer (DTC) online business model.
The global DTC market has grown tremendously since the COVID-19 pandemic until now. DTC e-commerce sales in the United States are expected to reach $175 billion by 2023, up 56% from 2020. In India, the DTC market is forecast to triple between 2020 and 2025. , sales are estimated at about 100 billion USD. In response to today’s world demand for open commerce, Payoneer Checkout offers e-commerce merchants a simpler way to expand and grow through DTC channels worldwide.
Leveraging its leadership in online and business-to-business (B2B) payments, Payoneer Checkout offers e-commerce merchants a unified payment experience across multiple digital channels. together. By unifying all funds on the online marketplace and direct sales channels in multi-currency Payoneer accounts, merchants can manage their accounts payable needs, access working capital, and use use capital to pay for business expenses, such as digital advertising. Payoneer Checkout is currently available in Asia-Pacific markets and will soon be rolled out worldwide.
Merchants can integrate Payoneer Checkout directly on their sales pages or through e-commerce platforms, simplifying the way they set up their stores and being able to accept payments from customers around the world.
For more information about Payoneer Checkout, please visit https://register.payoneer.com/en/solutions/payoneer-checkout/