Global marketing technology company Awin Group
expands partnership with fintech unicorn Payoneer to streamline
international payments
Payoneer (NASDAQ: PAYO), the commerce technology company
powering payments and growth for the new global economy, and the
Awin Group, today announced a strengthened partnership aimed at
fueling growth for publishers around the globe. The latest
collaboration follows a successful partnership, established in
2017, between Payoneer and ShareASale, and a partnership with
Commission Factory; both entities are a part of the Awin Group.
Since the start, publisher experience has lived at the heart of
the growing partnership between the two firms. ShareASale and
Payoneer first started working together at the request of their
growing publisher base. In the years since, the companies have kept
a steady focus on making affiliate marketing payments more
streamlined, cost effective, and transparent.
Following the success of the ShareASale and Commission Factory
collaborations, the Awin Group moved to expand the relationship
with Payoneer. Today, nearly 70% of international payments on the
Awin Group are processed through the Payoneer platform, and the
firm has reported a 90% drop in failed payments since the year has
begun.
“Expanding our partnership with Payoneer to Awin ensures our
publishers across the globe have access to clear and reliable
international payments,” comments Jasper Mulder, Global Publisher
Director at Awin. “Off the back of these early successes that we’ve
been able to build together, we aim to further deepen our technical
and strategic collaboration with Payoneer, bolstering our continued
efforts to provide best in class payment services to our publisher
base.”
The recently launched API integration further simplifies the
payments process and improve user experience. There are more
expansion plans in the works.
“We are thrilled to continue to grow our relationship with the
Awin Group,” noted James Allum, VP of Payoneer Europe. “Awin is a
giant in the affiliate marketing space, and their dedication to
their publishers aligns with our mission to empower small
businesses around the world. We look forward to continuing to grow
together, and to make international payments easier, more cost
effective, and more secure for the tens of thousands of publishers
across their global network.”
About Awin
With twenty years of experience, Awin’s platform offers a global
community of people, technology and business intelligence insights.
No matter what type of partner, level of service, or tools your
business needs, Awin provides affiliate marketing solutions to
drive sustainable growth.
Part of the Axel Springer and United Internet Groups, with
ShareASale and Commission Factory, Awin is powered by 15 offices
worldwide, over 1,100 employees, 225,000 contributing publishers
and 16,500 advertisers.
Connecting businesses with customers around the world across the
retail, telecommunications, travel and finance verticals, Awin
generated €12.2 billion in revenue for its advertisers and €920
million for its publishers in the last financial year.
www.awin.com
About Payoneer
Payoneer (NASDAQ: PAYO) is the world’s go-to partner for digital
commerce, everywhere. From borderless payments to boundless growth,
Payoneer promises any business, in any market, the technology,
connections and confidence to participate and flourish in the new
global economy.
Since 2005, Payoneer has been imagining and engineering a truly
global ecosystem so the entire world can realize its potential.
Powering growth for customers ranging from aspiring entrepreneurs
in emerging markets to the world’s leading digital brands like
Airbnb, Amazon, Google, Upwork and Walmart, Payoneer offers a
universe of opportunities, open to you.
www.payoneer.com
Forward-Looking Statements
This press release includes, and oral statements made from time
to time by representatives of Payoneer, may be considered
“forward-looking statements”. Forward-looking statements generally
relate to future events or Payoneer’s future financial or operating
performance. In some cases, you can identify forward-looking
statements by terminology such as “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,”
“potential” or “continue,” or the negatives of these terms or
variations of them or similar terminology. Such forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward looking statements. These
forward-looking statements are based upon estimates and assumptions
that, while considered reasonable by Payoneer and its management,
as the case may be, are inherently uncertain. Factors that may
cause actual results to differ materially from current expectations
include, but are not limited to the occurrence of any of the risks
and uncertainties set forth in the section entitled “Risk Factors”
and “Cautionary Statement Regarding Forward-Looking Statements”, as
well as any further risks and uncertainties contained, in the
prospectus filed by Payoneer on August 6, 2021. Nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. You should not place
undue reliance on forward-looking statements, which speak only as
of the date they are made. Payoneer does not undertakes any duty to
update these forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20211214006269/en/
Investor contact Ignatius Njoku Investor Relations
investor@payoneer.com Media contact Irina Marciano
PR@Payoneer.com
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