Payoneer Fuels Global eCommerce Expansion Amongst Sellers in their Second Edition of Annual Forum

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Mumbai, August 16, 2018 Payoneer, an innovative cross-border payments company that drives global eCommerce, concluded their second annual Payoneer Forum in New Delhi and its first in Mumbai last week. This edition of Payoneer Forum brought together 1,000+ SME & MSME exporters, global ecommerce marketplaces, banks and ecommerce service providers under one roof. The daylong events, titled “Your Passport to Global eCommerce Expansion”served as a learning opportunity for India’s cross-border eCommerce community.

At the forums, sellers heard from executives from global marketplaces including Amazon, Tophatter, Awok from the Middle East and MyMall and Yandexfrom Russia. Facebook presented on best practices in online brand building products for SMEs. In addition, ICICI Bank, Citibank and IndusInd Bank joined a panel discussing the outlook for financial services for MSMEs in India. The agenda was a playbook for sellers looking to further expand globally and grow their international reach.

Attending the forum, Keren Levy, COO, Payoneer said, “We want to be the company that enables Indian sellers to take global strides and sell in more international markets. India is a strategic market for us with sellers being a central focus of what we do. We strive to offer great technology and a top customer experience in a complex region.”

Another keynote speaker at the forum, Patrick De Courcy, APAC Head, Payoneer said, “India is a land of local heroes wanting to go global. There is a vast scope of opportunity to empower MSMEs in India to expand their business globally. It is crucial for us to complement and help these businesses with the right cross-border payment services. As more eCommerce sellers are expanding globally, it becomes crucial to have a strong, safe and reliable cross-border payment solution to manage the huge momentum of transactions. Payoneer delivers solutions that address sellers’ needs and improves upon traditional payment methods, enabling easy access to new geographies.”

“I met new-to-India marketplaces like MyMall andTophatter. These marketplaces offer a great opportunity to expand the horizons for the Indian sellers. We look forward to using Payoneer’s partner ecosystem to expand to new markets like Russia, Middle East and beyond,” said Sanjay Kumar, Shalin India, Founder.

Banking Leaders, tax specialists from Ernst & Young (EY) and selected service providers were also on the agenda, educating sellers on GST, VAT, logistic solutions, eCommerce store management tips and more.