News | January 21, 2014

Payoneer Partners With Quantium Solutions Inc. Of Japan


Payoneer, an industry-leading global payments company, announced today it has signed a partnership with Quantium Solutions Inc. of Japan, a leading international logistics and fulfillment services company wholly owned by Singapore Post Ltd to provide global cross-border payment solutions for Quantium’s international e-commerce and mail-order business operators. This relationship continues Payoneer’s strong momentum building partnerships globally with leading e-commerce infrastructure providers.

Under the terms of the partnership, Quantium customers can become Payoneer accountholders, so they can more easily receive commercial payments from companies in the U.S. and around the world. Payoneer’s secure and trusted service can be utilized by a wide range of international e-commerce and mail order business operators, providing customers with full control over their money and providing the ability to withdraw funds to their local bank account or at local ATMs. Payoneer offers multilingual, 24/7 customer service and web support, and mobile applications for users across the globe.

Yoshihiko Sasaki, Country General Manager from Quantium Solutions stated, “By partnering with Payoneer, Quantium can now deliver a comprehensive set of services that accelerate the growth and expansion of e-commerce and mail order businesses that are selling abroad. This arrangement provides our customers the critical payment services they need to expand their businesses globally.”

“We are very pleased to partner with Quantium Solutions, a leader in international logistics for e-commerce companies in Japan and across the Asia Pacific region,” said Scott Galit, CEO of Payoneer. “Our unique B2B payment services are attracting more companies from the Asia-Pacific region to select Payoneer for their cross-border payment needs.

About Quantium Solutions Inc.

Quantium Solutions Inc. is an e-fulfilment and mail solutions service provider wholly owned by Singapore Post Limited. In e-fulfilment, it offers one-stop service from pick-up services to warehousing, pick and pack, inventory management, delivery, to returns management and more. It also offers mail solutions such as mailroom management, with an established network in 10 countries within the Asia-Pacific region. Quantium Solutions provides businesses with a comprehensive range of services to suit its customers’ needs and budgets.

Quantium Solutions is headquartered in Singapore and has operations in 45 cities in the following nine countries in Asia Pacific: Australia, Hong Kong, India, Japan, Malaysia, New Zealand, Philippines, Taiwan and Thailand.

About Payoneer

Founded in 2005 and based in New York City, Payoneer provides an industry-leading global payout platform that simplifies the world of commerce by removing the limitations that typically surround international business. With Payoneer, companies can engage business partners and service providers in more than 200 countries, and enjoy the same convenience in making payments as if they were working with a local provider. Conversely, professionals and small businesses worldwide can quickly, easily and cost-effectively receive funds for services rendered or products sold, no matter where they are located. For payers and payees alike, Payoneer removes geographical borders and ensures smooth, cost-effective transactions to and from anywhere. Our range of flexible payout options includes transfers to local banks worldwide, prepaid debit cards, international wire transfers, and local eWallets.

Venture-backed and profitable, Payoneer has served thousands of companies and more than one million small businesses and professionals around the world. Payoneer is ranked in the top 100 in Inc. 500’s Financial Service companies.

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Copyright Business Wire 2014