Payoneer Checkout Launches in Singapore, Helping Businesses Turn Global Demand into Revenue
Powered by Stripe, the enhanced Checkout experience enables eligible Singapore businesses to accept payments from customers worldwide through their own online stores
SINGAPORE, Oct. 15, 2026 /PRNewswire/ -- Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that Payoneer Checkout is available to eligible Singapore-registered businesses. Powered by Stripe, the enhanced solution enables merchants to accept payments from international customers through their own online stores, supporting multiple payment methods including cards and digital wallets, while helping businesses manage proceeds across markets through Payoneer's global financial platform.
As Singapore businesses look beyond domestic growth, many established brands selling through marketplaces such as Shopee, Lazada and Amazon are also investing in direct-to-consumer (DTC) channels. Building their own digital storefronts gives businesses greater control over the customer experience and more opportunities to foster direct customer relationships but also introduces complexity. Businesses need to offer payment experiences that reflect local customer preferences while navigating different currencies, markets and payment methods. Friction at checkout can mean losing a sale along with marketing and customer acquisition investments.
For Singapore businesses expanding internationally, these considerations are increasingly important. Digital payments account for more than 60% of transactions inSoutheast Asia, while three in five consumers in the region shop online, underscoring the importance of making the payment experience simple and familiar to customers across markets.[1]
"Singapore businesses have become increasingly sophisticated in how they reach global customers, with many building a presence across both marketplaces and their own DTC channels," said Nagesh Devata, SVP of APAC, Payoneer. "As more businesses take control of their customer journeys, they need a payment partner they can trust to support that expansion — one that understands the complexity of operating across markets, currencies and payment behaviours. Payoneer Checkout is designed to be that partner, helping businesses convert global demand into revenue wherever their customers are."
Global DTC businesses are already seeing the impact of Payoneer Checkout. Leading South Korean skincare brand COSRX achieved a higher payment approval rate, helping customers complete purchases frictionlessly through its DTC store. Similarly, Dr. Melaxin, which operates local entities in regions like the U.S. and Hong Kong, achieved improved payment approval rate, to support conversion and simplify its cross-border payment operations.
This announcement builds on Payoneer's strategic partnership with Stripe, whose cross-border financial infrastructure powers Payoneer Checkout, enabling Singapore businesses to reach and serve customers worldwide.
With Payoneer Checkout now available in Singapore, eligible local businesses have access to a payment solution built to support their global ambitions. As more merchants diversify beyond marketplaces to build direct relationships with customers worldwide, Payoneer is committed to equipping them with the financial tools needed to compete confidently across borders, turning global reach into lasting growth.
[1] Google, Temasek & Bain & Company. e-Conomy SEA 2025: Singapore Report. 2025. |
About Payoneer
Payoneer is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. We make it easier for businesses, particularly in the emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
Payoneer Singapore Private Limited is licensed by the Monetary Authority of Singapore as a Major Payment Institution. Product availability and services are subject to eligibility, applicable terms, risk assessment and regulatory requirements.
SOURCE Payoneer
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