What is the relationship between Payoneer and NYDFS?

Payoneer, a global payment platform, is regulated by the New York Department of Financial Services (NYDFS). The NYDFS is a regulatory body that oversees financial services and products, including those offered by Payoneer. This relationship ensures that Payoneer operates within the legal and regulatory framework set by the NYDFS, providing a secure and reliable service for its users. The NYDFS also provides consumer protection, ensuring that Payoneer’s customers’ rights are upheld.