Connect with us

Hi, what are you looking for?

Jewish Business News


Amazon selects Israeli online payments solution company Payoneer Inc.



Israeli online payments solution company Payoneer Inc. has been selected by Amazon Inc. to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the US, Spain, France, Italy, Germany and the UK.

As a featured payment solution for select countries within Amazon Seller Central, Payoneer will provide a simple and convenient way for sellers from top markets including China, Japan and South Korea to receive their Amazon disbursements.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

In cooperation with Payoneer, Amazon now allows sellers to sign up for Payoneer directly from Amazon Seller Central. Upon Payoneer registration, sellers receive online accounts that can collect Amazon disbursements, and that provide access to these disbursements through local bank account withdrawal or through the use of a Payoneer MasterCard. This alliance marks the first time that Amazon has expanded Seller Central cross-border payment capabilities through alliance with an external payment solution.

Payoneer was founded in 2005 by entrepreneur and investor Yuval Tal and has raised $90 million to date including $50 million in August, Globes report.

Accourding to Globes, the company is today headquartered in New York with R&D center in Tel Aviv. Two years ago there were rumors that the company was planning an IPO at a company value of $700 million but in the end it chose a financing round of $25 million instead. Payoneer’s investors include 83North, Carmel Ventures, Greylock, Vintage, Ping An and private investors such as Yuval Tal himself, Zohar Gilon, and others.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.