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Ecommerce

Payoneer expands Capital Advance service for ecommerce merchants

Tuesday 26 February 2019 | 01:00 PM CET

Payoneer has expanded its Capital Advance service, a working capital offering designed for ecommerce merchants.

The solution provides Payoneer customers with the ability to receive working capital, giving them funds they can use to drive their business forward. New offers are extended regularly with repayment terms of up to 90 days later for sellers on Amazon, Walmart, and Tophatter. This service expansion builds on Payoneer's Early Payments product, launched in 2017.

With access to capital, ecommerce businesses can expand into new product categories, marketplaces and countries, and be prepared with more inventory during peak selling seasons.

In addition, with the new service the company aims to help its marketplace clients to provide financing options for their sellers.

More: Link
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