American online payments firm Payoneer has partnered with eZ Cash, a mobile money network in Sri Lanka, to simplify cross-border payments for businesses operating in the Island nation.
The integration will allow Sri Lankan entrepreneurs and merchants to withdraw their cross-border payments directly to their eZ Cash mobile accounts using Payoneer.
As part of the agreement, eZ Cash will now market Payoneer to its small business customers as a value-added service.
Commenting on the partnership, Payoneer general manager Eyal Moldovan said: “We are delighted to partner with eZ Cash to further localize our cross border payment solutions for the Sri Lankan market and are committed to partnering with additional mobile payment networks and eWallets throughout the world.
“Alliances such as this further cement our position as the go-to-solution for freelancers and small businesses, empowering professionals and business owners worldwide to get paid globally as easily as they do locally.”
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By GlobalData