Payoneer and Stripe Partner to Boost Checkout Services for SMEs

Tuesday, Aug 19, 2025 5:26 pm ET1min read

Payoneer has partnered with Stripe to upgrade its online checkout product, providing small and medium-sized businesses with broader access to digital payment options. The deal will integrate Stripe's payments infrastructure into Payoneer Checkout, supporting a wider mix of methods such as buy now, pay later providers and digital wallets. The goal is to boost conversion rates, reduce payment friction and fraud, and expand the ways SMEs can receive money from overseas buyers. The partnership is the latest step in Payoneer's strategy to deepen its ecosystem for SMEs engaged in international trade.

Payoneer, a global financial technology company, has announced a strategic partnership with Stripe to upgrade its Online Checkout product. This collaboration aims to provide small and medium-sized businesses (SMBs) with broader access to digital payment options, including buy now, pay later (BNPL) providers and digital wallets. The integration of Stripe's payments infrastructure into Payoneer Checkout is designed to boost conversion rates, reduce payment friction and fraud, and expand the ways SMEs can receive money from overseas buyers.

The partnership marks an expansion of Payoneer's Online Checkout offering for cross-border merchants looking to sell direct-to-consumer. Launching initially in key markets within the Asia Pacific (APAC) region, including China and Hong Kong, the upgraded Payoneer Checkout capabilities will empower SMBs to accept a broader range of payment methods. This includes BNPL options like Affirm and Klarna, and digital wallets such as Apple Pay and Google Pay.

In the three years since launching Payoneer Checkout, the company has scaled from zero to nearly $1 billion in run-rate annual volume, demonstrating rapid market adoption and strong customer demand. Over the last twelve months through June 30, 2025, the business has generated $30 million in revenue, representing over 100 percent year-over-year growth [1].

Adam Cohen, Chief Growth Officer at Payoneer, stated, "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" [2].

Through this partnership, Payoneer and Stripe are enabling enhanced customer conversion rates, improving acceptance rates, helping to reduce fraud, and expanding payment acceptance options for SMBs selling direct-to-consumer via their own eCommerce webstores. This enhanced Checkout experience aligns with Payoneer's strategic vision to expand its SMB financial stack through high-impact partnerships. With Stripe's advanced capabilities and Payoneer's customer-first approach, the partnership delivers unmatched value for entrepreneurs and businesses across the globe [3].

References:
[1] https://www.prnewswire.com/news-releases/payoneer-and-stripe-partner-to-deliver-enhanced-online-checkout-experience-for-smbs-from-around-the-globe-302531176.html
[2] https://www.marketscreener.com/news/payoneer-and-stripe-partner-to-deliver-enhanced-online-checkout-experience-for-smbs-from-around-the-ce7c51dfd08dfe25
[3] https://www.payoneer.com

Payoneer and Stripe Partner to Boost Checkout Services for SMEs

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