Fresh off its announcement of a $25 million series D, global payments company Payoneer reports that it was chosen by Google to be a payments provider for Google Trusted Stores Program.
Scott Galit, Payoneer CEO, said, “Payoneer provides a seamless, automated payment process that meets Google’s high standards for technology, security and service.”
The Google Trusted Stores program is designed to help consumers find trustworthy merchants when shopping online. Payoneer’s job will be to provide the bank transfer services, and deliver the program’s purchase protection consumer payments in some of the countries where the program operates.
Said Galit, “This exciting new program increases sales for merchants and builds confidence for consumers when making online purchases.”
Payoneer’s global payout platform is used by companies in more than 200 countries around the world. In addition to enabling seamless, cross-border sending and receiving of funds, Payoneer also features a variety of payout options, ranging from bank transfers to prepaid debit cards.
Founded in 2005 and headquartered in New York, Payoneer demoed its technology last fall as part of FinovateAsia 2013. See the company’s presentation here.