EC21 Announces Partnership with Payoneer to Provide Escrow Payment Service
EC21 Announces Partnership with Payoneer to provide escrow payment service on its B2B marketplace.
Seoul, South Korea - August 9, 2016 - EC21, a leading B2B marketplace announced its partnership with Payoneer, a global leader in cross-border payments. Through this partnership, EC21 will bring escrow payment processing directly into its marketplace, www.ec21.com
Buyers and EC21 sellers can carry out escrow transactions between each other safely. With escrow payments, buyers’ money is held in a secure bank account with Payoneer, so sellers know they will get paid if they deliver product. And buyers also know they will receive what they ordered before money is released from escrow.
“We are delighted to be partnering with Payoneer today. With EC21 and Payoneer, sellers are able to expand their business and build trusted business relationships around the world.” said Taesung Kim, Vice President of EC21.
"We believe that the two companies will both have successful results as it marks an important milestone in the progress of global commerce.” added Taesung Kim
Payoneer enables millions of businesses and professionals from more than 200 countries to grow globally by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Getty Images, Google and Upwork rely on Payoneer’s mass payout services. With Payoneer’s secure, fast and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally.
For more information, visit the website at https://www.payoneer.com/en