Payoneer partners with Welocalize to simplify vendor payouts

Payout and prepaid card solution provider Payoneer has recently signed a partnership with international translation and localization services Welocalize.

The new partnership will let Welocalize expand its payment capabilities and automate payouts to its vendors. Until now Welocalize utilized a manual payout system. Integrating Payoneer’s payout solution will let Welocalize pay its vendors all over the globe in almost any currency through prepaid cards, bank transfers and other methods. Through Payoneer, the process is simplified and less cumbersome when dealing in international wire transfers.

“Welocalize needed a partner to support the expansion of our global payment options in an innovative and cost-effective manner, and Payoneer is a perfect fit. In order to recruit translation talent to meet the growing global demands of our clients, we must ensure a quick and easy way to provide payment to our supply chain no matter where they are located,” said Jeff Ash, CFO of Welocalize.

With the Payoneer back office, Welocalize vendors, freelancers, and translators can view, control and follow all payouts made to them. Payoneer also offers a mobile application to offer the same service through smartphones and tablets.

“Welocalize is the latest industry leader to rely on Payoneer’s unique and flexible global payment services. Choosing to integrate Payoneer into its new platform for translators will revolutionize the way Welocalize conducts business across the globe, and we look forward to supporting the company’s continued growth,” said Scott Galit, CEO of Payoneer.

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