Payoneer provides collection accounts in US dollars, euros, yen, and yuan for online sellers. These accounts are registered with international marketplaces, who deposit sales revenue directly into the accounts instead of converting funds to sterling. Sellers can then repatriate funds from the collection accounts to UK bank accounts through Payoneer at better exchange rates for 1.5-2% more revenue with no fees. Payoneer's services also include a prepaid Mastercard and payments ecosystem.
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
Payoneer - Global payment solution
1. Online Seller – Brighton
Going Global – Global Marketplaces
Andy Valentine
andyva@payoneer.com
26th October 2016
2. We provide Collection Accounts located in:
USA (US$), Germany (Euro), Japan (Yen) & China (CNY).
Sellers register these collection accounts with the International
Marketplaces.
Marketplaces send sales revenue to these accounts, instead of
converting into Sterling and depositing into your bank account.
Sellers can repatriate funds when required to UK bank accounts via
Payoneer at better exchange rates = 1.5 - 2% more revenue in
your bank account. NO FEES applied.
2
Payoneer – What Do We Do?
7. Europe remains the main target for exports: nearly half (48%) of
small online retailers are aiming to sell their products in the
Eurozone in 2016 compared to 30% in 2015.
However, the USA is seen to present the greatest opportunity for
small UK online retailers in the next five years by 30% of SMEs
interviewed.
Australasia* has seen the most significant increase in interest as an
export destination: 23 per cent of small online retailers believe it
holds the greatest opportunity for export sales growth, compared to
just 5 per cent last year. A lack of knowledge of international
markets remains the main barrier to further export activity, holding
back nearly 40%.
While 35% said they based their export plans on how easy it was to
ship and deliver to those markets.
7
Royal Mail Small Online Retailers International Report 2016
9. Amazon Europe Seller Central
• Open an Amazon European Seller Account - £25 p/m.
• Sell on Amazon’s 5 European Marketplaces: France, Germany,
Spain, Italy & UK.
• Warehousing & Fulfilment by Amazon – EFN (UK) & Pan-
European FBA.
• Build Listings which automatically monitors FX rates.
• Translation - titles and descriptions translated to specified
languages.
• 11 Marketplaces Globally
• Payoneer is Amazon’s Preferred Payment Solution Provider.
9
Selling into Europe - Amazon
13. Europe – Amazon, Ebay, Cdiscount, Price Minister, Zalando
USA – Amazon, Wish, Newegg, Rakuten
China & APAC – Lazada, JD.com & Tmall Global (Alibaba),
Amazon
South America* – Mercado Libre – 19 Countries & Linio – 8
Countries – Fastest Growing eCommerce Global Region
India – Flipkart, Snapdeal, Amazon – World’s Fastest Growing
Ecommerce Country (180 people per minute experience the
web for the first time).
Japan – Rakuten, Amazon
Africa – Jumia: 11 African Countries
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Global Marketplace Opportunities
14. Lazada – South East Asia
http://www.lazada.com/sellercenter/my/university/tutorials/getting-started/
• #1 eCommerce Marketplace in South-East Asia, covering:
- Indonesia, Malaysia, Philippines, Thailand, Singapore & Vietnam = 600M
• 1 million visits per day.
• Onboarding Starter Kit, Automated Pricing, DC’s in all Countries – Fulfillment By
Lazada & Partner Support Centres.
• Lazada has a partnership with Payoneer.
Newegg – USA http://www.newegg.com/sellers/international/
• USA’s 2nd largest E-commerce marketplace.
• 30 Million Registered Customers
• Global Seller Programme - categorization, shipping, customer services
• 4 x DC’s in USA & 1 in Canada – Fulfilment by Newegg
• Newegg has a partnership with Payoneer.
14
Marketplace Overviews
15. Linio – LATAM https://www.linio.com/sell-in-latinamerica
• 50 Million visits per month,
• International merchants can sell in Mexico, Colombia, Chile, Panama
and Peru.
• English language marketplace – content creation & translation service.
• Managing Pricing and stock - you will have access to your own online
platform called Seller Center, where you can add products, change
prices, and update inventory. Seller Center is in English and easy to
use.
• How do I ship my products to Latin America? Linio have dedicated
local ecommerce logistics team, who will help you find the best way to
sell & ship your products in Latin America.
• How do I get paid – sellers are paid in US$ bi-weekly through
Payoneer. Payoneer is their recommended payment solution for
international sellers.
15
Marketplace Overviews
17. We provide Collection Accounts located in:
We provide Collection Accounts located in:
USA (US$), Germany (Euro), Japan (Yen) & China (CNY).
Sellers register these collection accounts with the International
Marketplaces.
Marketplaces send sales revenue to these accounts & Sellers
repatriate funds when required to UK bank accounts via
Payoneer at better exchange rates = 1.5 - 2% more revenue
in your bank account. NO FEES applied.
Pre-Paid Payoneer Mastercard Card
Make-A-Payment eco-system
17
Payoneer – Service Summary