Shoplazza integrates Payoneer Checkout to its merchants

Shoplazza merchants will be able to integrate Payoneer Checkout into their webstores to start accepting payments directly from customers worldwide and unify earnings across their webstores and marketplaces.

Designed with online sellers in mind, Payoneer Checkout offers an integrated experience that consolidates receiving funds across marketplace and direct sales channels in Payoneer's multi-currency account, enabling merchants to manage accounts payable needs, gain access to working capital, and use funds to pay for business expenses such as digital advertising. Payoneer Checkout is currently available to Hong Kong based merchants and will gradually be extended globally.

Commenting of the collaboration, Shoplazza’s officials stated that merchants who want to sell cross-border need to ensure they can offer buyers from around the world the opportunity to pay on their webstores as they would do with their local retailers. The partnership with Shoplazza is an example of how Payoneer collaborates with eccommerce enablers to help them expand globally while also facilitating SMBs to manage their businesses and grow with augmented financial and payment services.

For webstores businesses, daily operation, foreign exchange settlement, and payment acceptance play a pivotal role in the transaction flow. To address this, the Shoplazza and Payoneer strategic partnership will provide a variety of settlement currencies for Shoplazza's merchants with preferential exchange rates and cost saving, and an onboarding process. It also supports unified account management. 

Payoneer Checkout consolidates the merchant's income from across multiple webstores and platforms into their Payoneer account, allowing Shoplazza merchants to manage multi-store revenue while improving checkout conversions. The partnership between simplifies payment acceptance for cross-border merchants and helps them to manage their webstores.