Payoneer and Airbnb Expand Long-Term Relationship To Allow Hosts In Additional Countries To Get Paid In Local Currency
Portfolio Pulse from Benzinga Newsdesk
Payoneer (NASDAQ:PAYO) has extended and expanded its strategic partnership with Airbnb. Payoneer is a preferred payment provider for Airbnb across multiple countries, enabling hosts to get paid quickly and locally. The platform connects businesses globally through a scaled infrastructure and a resilient network of bank partners. Payoneer offers a range of financial services including global payouts in over 190 countries and territories and access to a Payoneer Account to view and manage transactions.
September 19, 2023 | 12:09 pm
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POSITIVE IMPACT
Airbnb's extended partnership with Payoneer allows hosts in more countries to get paid quickly and locally, potentially improving host satisfaction and retention.
The extended partnership with Payoneer could improve Airbnb's payment services for hosts, potentially leading to increased host satisfaction and retention. This could indirectly boost Airbnb's revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Payoneer's extended partnership with Airbnb could potentially increase its revenue and user base as it continues to provide payment services across multiple countries.
The extended partnership with Airbnb, a major global platform, could potentially increase Payoneer's exposure and usage, leading to increased revenues. The news is highly relevant and important for Payoneer investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100