Payoneer and Stripe Collaborate to Enhance Cross-Border Checkout Experience for SMBs in APAC

Payoneer and Stripe have partnered to enhance online checkout experience for SMBs globally. The collaboration will expand Payoneer's Online Checkout offering, allowing cross-border merchants to sell directly to consumers. The upgraded Payoneer Checkout capabilities will accept a broader range of payment methods, including BNPL options and digital wallets. This partnership aims to simplify cross-border online trade and deliver unmatched value to SMBs.

July 02, 2025 — Payoneer (NASDAQ: PAYO) and Stripe have announced a strategic partnership aimed at enhancing the online checkout experience for small and medium-sized businesses (SMBs) globally. The collaboration will expand Payoneer's Online Checkout offering, enabling cross-border merchants to sell directly to consumers with a broader range of payment methods.

The upgraded Payoneer Checkout capabilities, powered by Stripe's advanced technology, will initially launch in key markets within the Asia Pacific (APAC) region, including China and Hong Kong. This upgrade will allow SMBs to accept diverse 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 [1].

Since its launch three years ago, Payoneer Checkout has demonstrated significant growth, reaching nearly $1 billion in run-rate annual volume and generating $30 million in revenue over the last twelve months through June 30, 2025, marking over 100 percent year-over-year growth [2]. This partnership aims to improve customer conversion rates, enhance acceptance rates, reduce fraud, and expand payment options for SMBs selling through eCommerce webstores.

The strategic value of this collaboration lies in the combination of Payoneer's cross-border expertise and distribution with Stripe's advanced checkout technology. By focusing on high-growth regions like China and Hong Kong, Payoneer is addressing key needs in the cross-border eCommerce ecosystem, such as enhanced conversion rates, improved acceptance rates, fraud reduction capabilities, and expanded payment options [2].

This partnership aligns with Payoneer's broader strategy to build a comprehensive financial services stack for SMBs through strategic partnerships rather than building all capabilities in-house. The integration of Stripe's technology should accelerate Payoneer's ability to scale its checkout solution while maintaining competitive technological capabilities without the full R&D investment.

For merchants, the expanded payment options and improved checkout experience directly address key friction points in cross-border commerce, potentially driving higher conversion rates and opening new revenue opportunities.

References:
[1] https://www.marketscreener.com/news/payoneer-and-stripe-partner-to-deliver-enhanced-online-checkout-experience-for-smbs-from-around-the-ce7c51dfd08dfe25
[2] https://www.stocktitan.net/news/PAYO/payoneer-and-stripe-partner-to-deliver-enhanced-online-checkout-37emak1zyydn.html