Payoneer Teams Up with Stripe to Power Cross-Border SMB Payments

In a significant move for global e-commerce, Payoneer has announced a partnership with Stripe to enhance its Online Checkout service for small and medium-sized businesses (SMBs) selling direct-to-consumer, reports PaySpace Magazine.The collaboration integrates Stripe’s advanced checkout infrastructure into Payoneer’s existing solution, unlocking access to a broader range of payment methods—including Buy Now, Pay Later (BNPL) options like Affirm and Klarna, as well as digital wallets such as Apple Pay and Google Pay. The upgraded service will first launch in Asia-Pacific markets, including China and Hong Kong, before expanding globally.

Since its launch three years ago, Payoneer Checkout has reached nearly $1 billion in annual transaction volume, generating $30 million in revenue in the twelve months ending June 30, 2025—more than doubling year-over-year.

By leveraging Stripe’s technology, Payoneer aims to offer SMBs:

• Improved conversion and acceptance rates

• Expanded payment options tailored to local markets

• Stronger fraud protection

• Seamless customization through APIs

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Adam Cohen, Chief Growth Officer at Payoneer, emphasized that the partnership is designed to “make cross-border online trade simpler for SMBs,” highlighting the blend of Payoneer’s global reach with Stripe’s robust payment infrastructure. The move follows Payoneer’s recent partnership with Citi to launch blockchain-powered treasury transfers, underscoring the company’s broader push to modernize financial services for SMBs worldwide.

For cross-border merchants navigating the complexities of payments, this alliance could mark a turning point—offering the tools needed to compete with larger players in the global digital economy.