Key Points
Gaurav Shisodia, Payoneers Vice President for India, says this is where his company can play an important role..
With 2 million active customers (as of Q3 2023), 20% market share of marketplaces and $5.5 billion in customer balances worldwide (as of Q3 2023), Payoneer says it can help Indian businesses in their export ambitions...
In a conversation with ET Digital, Shisodia talks about how small businesses can leverage the companys solutions, the business growth for Payoneer and why it is better than banks in handling cross-border transactions..
We work with over 100 banking partners and thats our core strength.. So, globally, we have over 2 million active customers and we have balances of $5.5 billion dollars of our customers, which is a testament to the fact that we are one of the most trusted cross-border payment solutions..
It becomes a super complicated transaction for large corporations, like eBay, which needs to make payments in 180 countries, billions of dollars to millions of people and with an added layer of regulation and compliance..
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