ClickBank Partners with Payoneer to Simplify Expansion into Latin America

NEW YORK, December 12, 2012 /PRNewswire/ --

ClickBank, a global network that enables online entrepreneurs to promote, sell and distribute digital products, has partnered with Payoneer to continue its expansion into South America and many more countries. ClickBank, a secure online retail outlet for more than 50,000 digital products and 100,000 active affiliate marketers encountered challenges getting money to parts of South America.  By employing Payoneer's payment services, ClickBank was able to find a broader solution in reaching the company's partners much more efficiently for both their partners and internally.

Payoneer was chosen for its reach into emerging markets and capability to make payments in dozens of currencies through international electric funds transfers (EFTs), international wires, prepaid debit cards, multi-currency checks and leading global eWallets.  ClickBank now expects to be able to service between 1,000 - 5,000 more of its payees in South America with Payoneer's help.  Payoneer's flexibility and coverage in both major and emerging markets accounts for the company's stellar growth in the past 5 years.  The company was recently ranked by Deloitte as the 34^th fastest growing company in North America due to their impressive increase of 4,751% over the past 5 years.

Yair Tal, VP Sales at Payoneer said, "We are excited to be able to help ClickBank expand their business in South America.   They have a sterling reputation for paying on time, every time, for the past 14 years, and Payoneer offers them a practical and efficient solution to reach their affiliates and vendors."

Jeff Leget, VP of Strategy at ClickBank remarked, "Payoneer expands ClickBank's global reach by enabling us to electronically pay any merchant around the world easily and quickly. We encourage merchants around the globe to begin working with us and take advantage of our digital services since we now offer Payoneer as a payout option."

About ClickBank

Founded in 1998, ClickBank is a secure online retail outlet for information entrepreneurs servicing more than 50,000 digital products and 100,000 active information affiliate marketers.

ClickBank makes a sale somewhere in the world every three seconds, safely processing more than 30,000 digital transactions a day. The company serves more than 190 countries, and is consistently ranked as one of the most highly-trafficked sites on the web.  ClickBank is privately held with offices in Broomfield, Colorado and Boise, Idaho, and can be found at http://www.clickbank.com.

About Payoneer

Founded in 2005, Payoneer is an industry-leading global payments company accelerating growth for its customers by improving the way they manage and pay partners, affiliates and independent workers in more than 200 countries worldwide. Payoneer's complete solution provides a simple, secure, compliant and cost-effective way for companies of all sizes to offer superior and cost-saving payments options including: prepaid debit cards, deposits to local banks worldwide, international wire transfers, mobile payments, global and local e-wallets and local-currency paper checks. Venture backed and profitable, Payoneer has served thousands of companies and more than one million payees around the world. For more information, visit us at http://www.payoneer.com.

Ronit Druker, VP Marketing, Payoneer  
+1-646-461-9169
[email protected]

SOURCE Payoneer