Payout solution provider Payoneer has been chosen by Google to be the payment solution for its Google Trusted Stores program.
Payoneer will power the program’s customer payouts via its bank transfer infrastructure. Payoneer will enable Google Trusted Stores to place payouts to customers located in any country Payoneer operates.
Google’s Trusted Store program helps customer identify trustworthy Ecommerce merchants. Merchants approved by Google for the program receive a “badge” and promement placement on Google’s listing searches.
The Trusted Stores badge is awarded to Ecommerce sites that demonstrate a track record of reliability and exceptional customer service. Google stands behind Ecommerce merchants that have been awarded the badge with a $1000 lifetime purchase protection policy for shoppers. Payoneer is the entity that will provided the lifetime purchase protection payouts.
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“Payoneer is honored to be selected by Google as a payments provider for the Trusted Stores program. This exciting new program increases sales for merchants and builds confidence for consumers when making online purchases. Payoneer provides a seamless, automated payment process that meets Google’s high standards for technology, security and service, which is critical to the overall quality of the customer experience,” said Scott Galit, CEO Payoneer.
In recent news Payoneer received $25 million in series D funding.