Payoneer has partnered with Stripe to expand its Online Checkout, giving SMBs selling cross-border direct-to-consumer access to BNPL options and digital wallets.
The partnership will launch in the Asia Pacific where wallets and BNPL are often preferred over credit cards.
Payoneer, which went public in 2021 and has a market cap of around $2.5 billion, has rapidly grown Online Checkout to nearly $1 billion in annual volume.
Global payments company Payoneer is teaming up with payments infrastructure fintech Stripe to improve the checkout experience for global merchants. The strategic partnership will enable Payoneer to expand its Online Checkout offering for merchants selling cross-border goods direct-to-consumer.
Payoneer’s new capabilities will help small and medium-sized businesses (SMBs) accept more payment methods at their online point of sale. Stripe will help Payoneer facilitate buy now, pay later (BNPL) options like Affirm and Klarna, as well as digital wallets such as Apple Pay and Google Pay.
At launch, Payoneer’s new checkout capabilities will be available in the Asia Pacific region first, including in China and Hong Kong, geographies where digital wallets and BNPL are often preferred over credit cards.
Payoneer and Stripe expect that the partnership will help merchants enhance their customer conversion rates, improve acceptance rates, reduce fraud, and expand payment acceptance options for SMBs selling to direct-to-consumers browsing their own ecommerce sites.
“We are committed to simplifying cross-border online trade for SMBs,” said Payoneer Chief Growth Officer Adam Cohen. “This partnership with Stripe is a strategic step in our journey to expand our Checkout offering and deliver a best-in-class user experience at scale. By combining Payoneer’s local market distribution and expertise with Stripe’s exceptional checkout technology, we’re combining the strengths of both companies to deliver unmatched value to our customers.”
Launching new payment methods will help Payoneer attract SMB merchants, as it can help them compete globally by offering a sophisticated checkout experience with multiple payment options that are often offered by larger retailers.
Payoneer was founded in 2005 to help SMBs transact, do business, and grow globally. The company’s global financial stack helps remove barriers and simplify cross-border commerce to make it easier for businesses to connect to the global economy, pay, get paid, manage their funds across multiple currencies, and grow their businesses.
The New York-based company launched Payoneer Checkout in 2022 and has since scaled from zero to almost $1 billion in run-rate annual volume. From June 2024 to June 2025, Payoneer generated $30 million in revenue, representing over 100% year-over-year growth.
Payoneer went public via a SPAC merger with FTAC Olympus Acquisition Corp. in 2021. The company listed on the NASDAQ in June of that same year under the ticker PAYO and has a current market capitalization of approximately $2.5 billion.
Photo by HT_NGUYEN
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