What is Payoneer and how does it operate in Israel?

Payoneer is a financial services company that provides online money transfer, digital payment services, and provides customers with working capital. In Israel, Payoneer is quite popular due to its convenience and efficiency. It allows businesses and professionals in Israel to connect with global marketplaces like Amazon, Google, Airbnb, and more. It also enables them to receive payments in foreign currency, which can be converted to Israeli Shekels and transferred to their local bank account. Payoneer’s services in Israel are regulated by the Israeli Ministry of Finance, ensuring the safety and security of transactions.