Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, is now offering Latin American businesses a powerful new solution for cross-border e-invoice payments through its partnership with Gosocket, a leading Latin American e-invoicing platform that connects more than one million businesses and suppliers.
Gosocket processes hundreds of millions of electronic invoices annually for Latin American businesses. However, for many of these businesses, receiving payments from the U.S., Europe or the rest of the world is expensive and labor intensive. Payoneer now provides collection services which enable these businesses to seamlessly receive payments from trading partners around the world.
"Payoneer is bringing together global B2B payments and e-invoicing to deliver new and better ways for businesses to trade globally," said Scott Galit, CEO of Payoneer. "Payoneer and Gosocket have a shared vision for a world where businesses, regardless of size or location, can easily and seamlessly trade and get paid globally. We are excited to play a role in helping businesses in Latin America to get access to the funds they need to expand and grow their businesses more quickly, securely and cost-effectively."
"Introducing Payoneer to the Gosocket ecosystem will help our customers accelerate their global expansion by enabling simple and secure cross-border payments," said Mario Fernandez, CEO of Gosocket. "We're excited to partner with Payoneer to provide a unique offering that combines e-invoicing and global payments for businesses of all sizes in Latin America."