A while back we introduced you to our partner Payoneer. Payoneer's mission is to help Amazon and Walmart sellers make international payments and make the process easier. The company also offers credit, which Payoneer calls Capital Advance. We'd like to take a closer look at this service in this post. First, we'll briefly explain what Capital Advance is and what it offers. Then, we'll go into detail about the fees that are charged to online sellers. In addition, we share the experiences Payoneer customers have had with the program.
Payoneer's Capital Advance is the market-leading financing product for Amazon FBA sellers. But Walmart sellers can also sign up for the program. It is often difficult for sellers to obtain capital from banks in the conventional way and it is also very expensive. Payoneer, on the other hand, offers very favorable terms and rates. We would now like to take a closer look at this offer.
There are two different Capital Advance offers:
For the capital that Payoneer provides you with Capital Advance, a small percentage of the capital is charged as a fee in each case. Therefore, you know from the beginning how much the fees are and will not be surprised by them later. Also, Payoneer takes a percentage of your marketplace payments.
Overall, Payoneer customers are very satisfied with the opportunities that Capital Advance has opened up for them. The financing offer was mainly used by smaller e-commerce companies. Especially in comparison to many loans from classic banks, the good conditions were convincing. In addition, Capital Advance is so uncomplicated that one never loses sight of the big picture. Accordingly, some companies were able to grow by several thousand percent - and all that within just one year! If you're also interested in Capital Advance, you can find all the other information you need here*. If you are interested in the other services of Payoneer, we can also recommend this article.
This was our contribution to Payoneer Capital Advance, the program with which Amazon sellers can easily obtain a loan. Do you have any further questions about the various Payoneer services or need help with registration*? Then please feel free to contact us. We are always ready to help you with words and deeds. Feel free to send us a message - of course without any obligation.
We look forward to hearing from you.