Payoneer up:date

Start your year with more efficiency, flexibility, and control

Optimize your workflow, adapt seamlessly to your business needs, and stay in control of your operations with the latest updates from Q3 and Q4 of 2024.

feature spotlight

Payoneer 🤝 Skuad: Revolutionizing global payroll

In 2024, we acquired Skuad, a global workforce and payroll management leader, to simplify payroll for businesses managing international teams. With Skuad’s robust offering, you can handle global payroll seamlessly, empowering your international team to scale.

And there’s more to come: Stay tuned for more updates as we roll out new features and integrate Skuad into our platform.

Learn more

See what’s new

More Efficiency

Optimize batch payments with editing and scheduling capabilities

Save time and reduce errors with our latest batch payment features. Schedule one-time or recurring batch payments in advance, whether you’re paying to another Payoneer account or a bank account. For bank account payments, quickly and easily edit payment details on-screen without going through the hassle of re-uploading files. These updates make managing batch payments faster and easier, so you can focus on growing your business with confidence.

Set up your payments

Boost your team’s efficiency with new user management features

Streamline workflows and reduce administrative load with new user management tools. Contributors can set up payments for your approval, ensuring smoother processes while keeping control with account owners. They can also independently add recipient bank accounts during payment setup or as a standalone task, eliminating delays and dependency on account owners. These features let your team handle routine tasks efficiently while keeping final decisions and control in your hands.

Explore user management settings

Stay mobile with the latest app updates

Manage your business on the go with new features on the Payoneer app. Enjoy optimized payment flows, schedule one-time or recurring transfers directly from your phone, and generate receiving account statements in just a few taps. These updates make managing your Payoneer account faster and easier, so you can stay productive no matter where you go.

Download the app

More Flexibility

UK clients can now pay you via PayPal – just like US clients

This highly requested integration makes the payment process even more flexible. When you request a payment, your UK clients will now have the option of paying via PayPal, alongside existing options like credit card, direct debit, and more. The funds will go directly into your Payoneer balance.

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Simplify accounting with customized transaction reports

Create customized reports tailored to your business needs and cut down on time-consuming administrative tasks. Now you can generate quarterly, yearly, or multi-currency data into one comprehensive report. Choose between PDF or Excel formats to suit your workflow, and generate a single, streamlined report to optimize your accounting process. Sign in to your Payoneer account, go to Account activity and select Transaction reports to get started.

Create a customized report

Receive local and international payments to a unified receiving account

Simplify payment collection with a single receiving account that supports both international (SWIFT) and local transfers. This feature reduces payment failures, eliminates the need to manage multiple accounts, and allows for seamless domestic and cross-border transactions. Currently available in USD, with plans to expand to include GBP, EUR, and more soon.

Go to your receiving account

More Control

Take control of transactions with real-time exchange rate alerts

Coming soon

Stay ahead of currency fluctuations by setting custom exchange rate alerts. Set your target rates and receive instant notifications via email, push, or in-app alerts when they’re met. Whether paying suppliers or withdrawing funds, this feature helps you capture favorable rates, minimize risks, and make timely, informed financial decisions.

Enhanced controls for your Payoneer card

Coming soon

Gain more control of your Payoneer card with upcoming features like:

Merchant category restrictions: Take charge of your company’s expenses by restricting card usage to specific categories, such as online advertising or shipping, to ensure spending aligns with company policies.
Total spend limit: Stay on budget and avoid overspending by setting a lifetime spending limit on your Payoneer card, automatically disabling it once the limit is reached.
Card freezing: Get added security with the ability to freeze and unfreeze your card whenever needed, ensuring it’s only active when you want it to be.

enhanced controls for your payoneer cards

Stay on the go with the Payoneer app

Nothing herein should be construed as if Payoneer Inc. or its affiliates are soliciting or inviting any person outside the jurisdiction where it operates/is licensed to engage in payment services provided by Payoneer Inc. or its affiliates, unless permitted by applicable laws. Any products/services availability are subject to customer’s eligibility. Not all products/services are available in all jurisdictions in the same manner.

Depending on or your eligibility, you may be offered with the Corporate Purchasing Mastercard, issued by First Century Bank, N.A., under a license by Mastercard® and provided to you by Payoneer Inc., or the Payoneer Business Premium Debit Mastercard®, issued and provided from Ireland by Payoneer Europe Limited under a license by Mastercard. The Payoneer Business Premium Debit Mastercard® cannot be used at merchants or ATMs in Hong Kong or for HKD payments.

If you are located in the EEA, all Payoneer Services will be provided to you by Payoneer Europe Limited, trading as Payoneer and regulated by the Central Bank of Ireland.