Tophatter Sellers: Top 4 Reasons to Use Payoneer
Why Payoneer?
Tophatter partnered with Payoneer in January 2016 to help process payouts to our global sellers. At the time, we were expanding our seller base in China and we were looking for a trustworthy solution.
We wanted a solution that would be:
- Competitive & low-cost for our sellers
- Fast so that sellers could access funds within days of payment
- Local so sellers could easily transfer to the currencies they needed
- Safe & compliant across the world
As Tophatter’s global marketplace expands, so do the number of countries and currencies we manage — as of today, we accept payments from customers in 14 different countries, and Payoneer helps us payout to sellers seamlessly.
What is Payoneer?
“Whether you are a business owner, professional or freelancer, Payoneer offers you multiple ways to get paid by your international clients and global marketplaces — quickly, securely and at low cost.” — Payoneer.com
Payoneer’s mission is to empower global commerce with their innovative cross-border payments platform. They were founded in 2005, with headquarters in New York. Payoneer’s services can be used in 200+ countries across 150 different currencies, making them a highly connected global payment solution.
Payoneer’s Network
Payoneer can receive payments from companies worldwide, such as our global marketplace, Tophatter. Payoneer has two primary options for how to use funds: 1) simply withdraw funds to a local bank account; or 2) stay within the Payoneer network and pay for shipping labels, logistics services, ERP inventory management providers, etc.
Payoneer also supports free & fast payments within their own network. If you have suppliers or contractors that are awaiting payment, you can send them funds within minutes anywhere in the world. Did we say free already? Free!
If you have questions or feedback on Payoneer’s services, please let us know at help@tophatter.com. Happy selling on Tophatter and we look forward to your own success story!
About Tophatter
Tophatter Inc was founded by Ashvin Kumar (CEO) and Chris Estreich (CTO), and launched in January 2012. The company has raised $35M to date from Goodwater Capital, CRV, and August Capital. The company has 75 employees globally, and is actively hiring at its offices in Silicon Valley and Shanghai. For more information about Tophatter, please visit: http://www.tophatter.com/about.
