How Payoneer works with Arcadier?
Payoneer's strength is in enabling marketplace owners with Mass Payout and Escrow capabilities. Payoneer's Mass Payout services enables marketplace owners to pay their merchants seamlessly, efficiently and directly into their bank accounts. Payoneer's Escrow payment services enables marketplace owners to hold payments on behalf of the buyer till the buyer is satisfied with the items before releasing the payment to the seller. As Payoneer products are unique and not for every marketplace owner, both Mass Payout and Escrow Payment are not pre-integrated into Arcadier Online Marketplaces platform.
What you need to do?
Payoneer products can be used as a standalone solution or it can be integrated into your marketplace via APIs. If the integrated option is selected, you will need to hire your own developer or an Arcadier Expert Partner to help you. Arcadier APIs are available on Growth, Scale and Enterprise package tiers.
Should you wish to enable Payoneer's products into your marketplace, please contact Arcadier at email@example.com or complete the contact from on Arcadier Contact form, indicating interest to find out more about Payoneer. Alternatively, you can contact Payoneer indicating to them that you were referred by Arcadier Marketplaces.
What's in it for you?
Arcadier customers who subscribes to Payoneer's Mass Payout services will be eligible to receive a waiver of program set-up fees, as well as complimentary ACH transfers, as well as full utilization of Payoneer's global payout technology.
Register interest at firstname.lastname@example.org or the button below.
Payoneer's strength in in Mass Payout and Escrow services for marketplaces. For instance, if you are marketplace that has many merchants on your platform which requires you to make payment transfers to them on a regular basis, the Mass Payout service would suit you. The funds will be paid directly from you to the respective merchant bank account regardless of which countries the merchants are from. The escrow services will allow you as a marketplace owner to help the buyer to hold their payment funds till the time the items are received the products from the buyers. If you are running a marketplace with high value items, the escrow services would be a useful proposition for your marketplace users.
Payoneer's core strength is the facilitation of bank transfer flows globally into your bank accounts. So you are able to send or receive payment or transfers cost effectively via bank transfers. Visit Payoneer's website for more information of its various products.