As globalization and the digital economy continue to gain momentum, the direct-to-consumer (DTC) model has emerged as a powerful growth engine for cross-border e-commerce. However, it has also raised the bar for payment efficiency and operational excellence. Recently, Payoneer Hong Kong Limited, a global leader in cross-border trade enablement, received the 2024 Shoplazza Awards - Partner of the Year. This recognition highlights Payoneer’s exceptional technological expertise, market insights, and unwavering commitment to empowering DTC merchants with advanced payment solutions, underscoring its dedication to driving innovation within the cross-border e-commerce ecosystem.Through its strategic partnership with Shoplazza, Payoneer is delivering transformative solutions that enable merchants to achieve their global ambitions.

The rise of the DTC model has unlocked unparalleled opportunities for merchants to connect directly with consumers worldwide. However, it also brings significant challenges, including high transaction costs, complex payment processes, and varying compliance requirements across regions. Additionally, as consumers demand increasingly seamless, secure, and convenient payment options, optimizing payment success rates and enhancing checkout experiences have become critical for merchants aiming to stand out in a competitive market.

Payoneer has demonstrated its commitment to addressing these challenges by continuously reflecting on merchant needs and innovating its solutions. Since its founding in 2005, Payoneer has been dedicated to delivering secure and efficient cross-border payment services. In 2022, it launched Payoneer Checkout, a specialized payment acceptance service tailored to DTC merchants. Built on decades of expertise in global payment technology and compliance, Payoneer Checkout prioritizes seamless checkout experiences, high payment success rates, and cost efficiency, all while maintaining user-friendliness and transparency. In just two years, the service has earned the trust of a growing number of merchants, helping them achieve rapid growth in global markets.

Through its partnership with Shoplazza, Payoneer has seamlessly integrated its advanced payment solutions into Shoplazza’s open ecosystem. This collaboration provides merchants with a streamlined, cost-effective, and efficient payment experience, enabling them to thrive in the DTC landscape.

One example of this synergy is the introduction of the Fast Onboarding (FOB) channel, which significantly reduces the KYC process time, allowing merchants to quickly go live and start operations. Additionally, Payoneer offers personalized, point-to-point customer support, ensuring merchants receive tailored assistance to resolve issues swiftly and build trust. By combining cutting-edge technology with attentive service, Payoneer not only boosts merchants’ payment success rates but also enhances the shopping experience for consumers, fostering long-term loyalty.

Payoneer’s partnership with Shoplazza showcases the potential of ecosystem collaboration. As a leading SaaS provider for independent e-commerce platforms, Shoplazza’s open ecosystem perfectly complements Payoneer’s payment solutions. Together, they empower merchants with flexible, scalable tools to optimize their payment processes, reduce costs, and maintain growth momentum in a complex cross-border e-commerce environment.

The collaboration between Payoneer and Shoplazza extends beyond technological integration—it reflects a shared vision for fostering a sustainable cross-border e-commerce ecosystem. Together, they provide merchants with more than just tools; they offer comprehensive solutions designed to support long-term business growth.

“This collaboration has effectively reduced operating costs for our clients, streamlined the onboarding process, and delivered superior transaction services,” said the Payoneer team. “Looking ahead, we aim to deepen our partnership with Shoplazza through market expansion and promotional initiatives. By continuously exploring new opportunities and offering merchants diverse resources and cutting-edge solutions, we will empower independent e-commerce businesses to strengthen their global competitiveness.”

By combining technological innovation with ecosystem collaboration, Payoneer and Shoplazza are not only driving tangible growth for merchants but also charting a sustainable path forward for the entire cross-border e-commerce industry. Together, they are shaping a more open, adaptable, and mutually beneficial future, enabling merchants to achieve long-term success in a rapidly globalizing world.

Payoneer Inc. (NASDAQ: PAYO) is the world’s leading partner for cross-border trade expansion. Guided by its vision of making every opportunity accessible to everyone, Payoneer connects global digital giants, cross-border businesses, and individual entrepreneurs to vast international opportunities through its financial technology and global resources. Founded in 2005 in New York, Payoneer is dedicated to reimagining, designing, and shaping the future of cross-border commerce, empowering businesses and individuals to unlock their full potential and thrive in a dynamic global ecosystem.

 

Unless permitted by applicable laws, Payoneer entities do not conduct payment services in jurisdictions where they lack the necessary licenses or authorizations. Furthermore, Payoneer entities do not provide services to customers outside the jurisdictions in which they operate.

Please note that Payoneer’s acquiring services are provided exclusively by Payoneer Hong Kong Limited to entities based in Hong Kong. These services do not extend to individuals or entities located in mainland China.