Payoneer Business Account for Exporters

Payoneer Inc. (Nasdaq: PAYO) is a cross-border financial operations platform for businesses that sell, buy and get paid internationally. It is not a traditional bank; cards are issued through First Century Bank, N.A. and Payoneer Europe Limited, and the company holds licences in multiple jurisdictions. In Vietnam it has a country director and local-language support for registered companies and household businesses.

The business account lets Vietnamese exporters receive payments from foreign customers and more than 2,000 marketplaces and platforms, such as Amazon, Upwork and Airbnb, in currencies including USD, EUR, GBP and JPY through local receiving details. Funds can be held, used to pay contractors and suppliers individually or through mass payouts, spent with Payoneer Business Mastercard cards, or withdrawn to a Vietnamese bank account. Capital Advance offers working capital, and user roles let accountants or managers work without sharing the main login.

• Marketplace collections: Connects to more than 2,000 marketplaces and freelance platforms.
• Local receiving accounts: Accepts USD, EUR, GBP, JPY and other currencies via local details.
• Supplier and mass payouts: Pays contractors and partners individually or in bulk.
• Business cards: Offers Payoneer Business Mastercard debit and purchasing cards.
• Local withdrawal: Transfers funds to a company bank account in Vietnam.
• Capital Advance and roles: Provides working capital and permission-based team access.

A Vietnamese furniture or apparel brand selling on Amazon can collect USD and EUR payouts and withdraw them to its local bank. A software or design agency billing foreign clients can receive payments from overseas clients in USD, EUR or GBP. An exporter can pay overseas packaging or logistics suppliers through mass payouts or corporate cards.

Vietnamese exporters can collect from many marketplaces and foreign clients in one multi-currency account instead of separate overseas bank accounts. Holding several currencies reduces repeated conversion costs, and withdrawals to local Vietnamese banks complete the flow. Mass payouts, corporate cards and working capital advances help small exporters manage suppliers and cash flow, with account review typically within three business days.

Vietnam is one of Southeast Asia's fastest-growing e-commerce markets, and a rising number of SMEs export through Amazon and other global marketplaces. These sellers need compliant, low-cost ways to collect foreign currency and pay overseas suppliers, while payment providers expand local-currency collection into more markets.

Listed on Nasdaq as PAYO. Holds multi-jurisdictional licences; cards are issued by First Century Bank, N.A. and Payoneer Europe Limited. Has a country director for Vietnam and a Vietnamese support hotline. Took part in the Amazon Global Selling Vietnam 2025 conference to support Vietnamese exporters.