According to Eran Feinstein, the Managing Director of 3G Direct Pay, “The Payoneer Mastercard offers freedom to experience a new world of opportunities. It delivers benefits to our clients and merchants, who will be able to conduct their transactions securely, and save on time and cost.”
The firm says the card has the ability to be controlled and managed online and as well allows cardholders to track all their transactions online. The firm expects the card to act as a new mode of settlement to enable users to overcome the challenges and limitations that come with online and offline transfers as well as withdrawals in addition to the hundreds of transfers the firm handles for travel providers.
The Payoneer Mastercard is a product 3G Direct Pay and Payoneer after the two entered into a partnership to provide an end-to-end solution that allows hotels, airlines, and travel agents, among other players in the hospitality industry to send and receive money online more securely and cheaper across borders. U