Payoneer, Upwork Extend Cross-Border Payout Partnership

MT Newswires Live05-14

Payoneer Global (PAYO) and Upwork (UPWK) said Thursday they are renewing their 15-year partnership to support financial transactions for the global freelance market.

The company will maintain its role as a payout partner in 190 countries and explore using stablecoins to speed up fund access in emerging markets, the company said.

Both organizations also plan to link small business clients with international freelancers through an integrated worker network, Payoneer said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment