Payoneer Global Inc. (“Payoneer” or the Company) (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced the expansion of its global payment platform with new local collection capabilities in Indonesia and enhanced local collection services in Mexico.
The expanded capabilities enable customers to transact and receive funds from local buyers and e-commerce platforms more quickly and cost-effectively, supporting businesses as global trade flows continue to shift toward high-potential emerging markets.
Payoneer empowers small and medium-sized businesses (“SMBs”) in more than 190 countries and territories, including Pakistan, to do business globally, whether selling on the world’s largest e-commerce marketplaces or directly to other businesses. A core pillar of Payoneer’s offering is enabling SMBs to operate locally in the markets they serve.
As part of this strategy, and in collaboration with local providers, Payoneer has launched local collection capabilities in Indonesia and Mexico. These additions build on Payoneer’s existing local collection infrastructure across North America, Europe, Latin America, and Asia Pacific, helping customers access new demand and expand across fast-growing and strategic trade corridors.
Indonesia is the largest e-commerce market in Southeast Asia, accounting for more than half of total online business volume within the Association of Southeast Asian Nations bloc. With this launch, Payoneer enables SMBs to collect funds directly from local marketplaces and businesses in Indonesia, offering greater control over foreign exchange management and access to a rapidly expanding market.
In Mexico, Payoneer’s enhanced Mexican peso (MXN) collection services reduce friction for global sellers entering the market while supporting evolving international demand. Customers can now collect funds across multiple channels, including local collections from major e-commerce marketplaces.
Nagesh Devata, Senior Vice President, APAC at Payoneer, said, “Global trade continues to evolve as businesses adapt to changing macroeconomic conditions and trade dynamics. By expanding our local collection capabilities in key markets like Mexico and Indonesia, we are strengthening Payoneer’s global infrastructure to help businesses scale with confidence. These developments also open new growth avenues for Pakistani entrepreneurs and exporters looking to access high-demand markets and diversify their international customer base.”
Local collection services in Mexico and Indonesia are rolling out to Payoneer customers globally. Through 2026, Payoneer plans to further expand local collection capabilities across high-growth markets in Latin America and Asia Pacific, continuing to scale the infrastructure that supports the global ambitions of its nearly two million customers.
