Payoneer receives investment from Ping An Group, expands into China

Tuesday 10 June 2014 10:18 CET | News

US-based online payments company Payoneer has received an investment from Ping An Group, an integrated financial services provider in China.

This endorsement by Ping An will accelerate Payoneer’s growth in China, enhance its customer relationships and strengthen the value proposition Payoneer offers businesses throughout Asia and beyond.

Payoneer enables cross-border commerce by providing a payment platform that connects thousands of companies with millions of professionals and small business owners from more than 200 countries.

In recent news, Payoneer has partnered with 123RF, an internet microstock content supplier.

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Keywords: Payoneer, Ping An Group, China, cross-border commerce, online payments
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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