Sheikh Jafar Tarique
โWe use Payoneer to pay our team members and receive payments from our international clients.”
Challenge
Delays in receiving payments through conventional methods, taking 3-7 days just for a payment update
Solution
Receiving payments in multiple currencies from cross-border clients as a local bank transfer
Result
Receiving payments in multiple currencies from cross-border clients as a local bank transfer
I am Sheikh Jafar Tarique the Managing Director at Tech Cloud Ltd., which provides outsourcing services like image editing, graphics design, website development & search engine optimization. The company was founded in 2013 and currently, our headquarters are in Dhaka Baridhara DOSH.
“Our goal is to be a global leader in the it service industry.“
Payments play an important part in running a business. We use Payoneer to pay our team members and receive payments from our international clients. We mainly work with clients in Europe & America and receive payments from them to pay our local vendors.
โEvery month, we receive payments from 30-50 clients and make payments to 300 employees, on an average.โ
We used to face many challenges while receiving payments through bank transfers and swift deposits. Which used to be time consuming โ taking 3-7 days just for a payment update. We were looking for a solution which could help us provide our cross-border clients with a local bank transfer option and where the payment would be processed much faster.
I came to know about Payoneer from one of my friends. We are using Payoneerโs global payment service the most. Through Payoneerโs global payment service we can provide a local bank account to our clients and they can send us the payment without any delays.
โPayoneer has foreign currency bank accounts in multiple countries.โ
Using Payoneer, we have bank accounts in countries including the US, the Eurozone, the UK, and Canada. Because of Payoneer, our payment growth is 35% now. I would also recommend Payoneerโs customer services โ itโs the best.
โOur monthly volume is about 80-100k us dollars.โ
Payoneer has made our business transactions much easier, allowing us to focus on other segments of our business.
More success stories
Hooner Baweja
Founder & CEO, Hothaat Marketplace, India
โUsing Payoneer has been one of the best things that has happened to our business this year. The Store Manager feature has helped us consolidate all our payments onto one platform and has significantly shorten our payment realization time.”
Gopal Yadav
Founder and CEO of Aabhyasa Technologies, India
โUsing Payoneer, we have bank accounts in countries including the US, the Eurozone, the UK, and Canada. Because of Payoneer, our payment growth is 35% now. I would also recommend Payoneerโs customer services โ itโs the best.”
Daehyun Ko
Myungyoon Electronics, General Manager, South Korea
โThanks to Payoneer, we can expand our business globally.โ From B2B to B2C: how Myungyoon Electronics took control of its sales process to launch its products in the global market.
Nimisha and Manav
Co-founders, DโMoksha Homes, India
โPayoneer remains an integral part of our growth journey.โ Find out how Manav and Nimisha Dhanda launched their sustainable homeware brand on the cusp of Indiaโs national lockdown โ and still managed to thrive.
Denys Shkribliak
Owner & Founder, Wood and Hearts Inc, Ukraine
โIn the harsh times of war, when almost all manufacturing was lost, Payoneer became our real lifeline.โ Find out how Wood and Hearts triumphed over adversity and rebuilt a company from the ashes of conflict.
Nitcharee Ujjin
Co-founder, Thumbinthai, Thailand
โPayoneer has been instrumental in helping us grow.โ Thumbinthai co-founder Nitcharee Ujjin explains how the apparel start-up became a global powerhouse.
Wassem El Wardany
Managing Director, Proper Business Solutions, Egypt
โMy business has thrived because of Payoneer.โ Wassem El Wardany, managing director of Proper Business Solutions, explains how his business achieved accelerated growth with a reliable, secure payment partner.
Hannah Santillan
Operations Manager, Accentline Inc, Philippines
โWe’d recommend Payoneer to any online business with international clients.โ Find out how global payments are empowering local talent and helping Accentline become an internationally competitive BPO.
Kevin Wang
VP, Elegoo, China
โSince we implemented Payoneer Checkout, our website has seen rapid growth.โ Kevin Wang explains how innovative electronics brand Elegoo unlocked a world of ecommerce potential.