Digital Goods Platform SEAGM Chooses Payoneer to Open Marketplace Access to More Cross-Border Sellers
June 01 2022 - 9:00AM
Business Wire
Payoneer’s expertise in ensuring global marketplaces can pay
their sellers from around the world serves the fast-evolving games
and digital entertainment industry.
Payoneer (NASDAQ: PAYO), the commerce technology company
powering payments and growth for the new global economy, today
announced that SEAGM, a Malaysian-based international digital goods
e-commerce platform, has chosen to partner with Payoneer to enable
direct payments to SMBs from India, the Netherlands, China, Turkey,
South Africa and other locations who sell in SEAGM’s marketplace
ecosystem.
“SEAGM currently serves over 11 million active customers around
the world by offering 10,000+ digital goods in its marketplaces,
and Payoneer works to ensure that payments are not a barrier to
growing their product offerings and user base across borders,” says
Nagesh Devata, Senior Vice President, APAC at Payoneer. “Global
access to movies, games, and music is enabled by digital
marketplaces like SEAGM, and by leveraging Payoneer’s technology
and expertise to enhance SEAGM’s payments capabilities, sellers
from important markets can now be paid directly into their local
bank accounts for the digital goods they offer on SEAGM.”
“With the gaming industry flourishing, SEAGM continues to find
ways to keep up with the growing needs of our platform users from
different parts of the world. We believe that our partnership with
Payoneer would give us a kick-start towards our goal - expanding
our online gaming marketplace's community and reach,” said Tommy
Chieng, Co-founder and CEO of SEAGM. “Through Payoneer, not only
will our platform be available to them, but they will also benefit
from and experience efficient and secure payment services without
having to worry about the distance."
“Payoneer’s mission is to be a partner of growth for digital
businesses of all sizes and from all corners of the world. We are
thrilled to team up with Southeast Asian e-commerce leaders like
SEAGM to expand their ecosystem by extending their global reach,”
continued Devata. “SEAGM is an excellent example of how
fast-growing digital entertainment marketplaces look to scale by
ensuring that their sellers can pay and get paid
internationally.”
About SEAGM SEA Gamer Mall Sdn Bhd, SEAGM is an
established international digital goods and services e-commerce
platform company for global gamers, game developers, and
publishers. With several offices worldwide in Malaysia, China, and
Thailand, SEAGM is the gamer's choice for online game top-ups and
digital goods.
SEAGM has successfully developed a digital goods e-commerce and
online game payment platform (SEAGM.com) and a digital goods
marketplace platform (KALEOZ.com) from the ground up. With many
projects and successful collaborations and partnerships in place,
SEAGM is set to achieve greater milestones as it makes its mark in
the gaming industry globally.
About Payoneer Payoneer 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.
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
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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 Payoneer’s Annual
Report on Form 10-K for the period ended December 31, 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 undertake any duty to
update these forward-looking statements.
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This document contains proprietary and confidential information
of Payoneer, Inc. and may not be disclosed or duplicated without
the express written consent of Payoneer. Payoneer reserves the
right to change this document at any time.
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Investor contact Investor Relations
investor@payoneer.com
Media contact Irina Marciano PR@Payoneer.com
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