Payoneer, a leading global payment platform, has recently announced the launch of several new product features
specifically tailored to support the growth of small and medium-sized businesses (SMBs) worldwide. With these
enhancements, Payoneer aims to further empower SMBs by offering them versatile solutions to manage their
international transactions seamlessly.

One of the key features introduced is the Payoneer Escrow service, a secure and efficient way to
manage deals and transactions between buyers and sellers. By providing an escrow service, Payoneer ensures that
funds are safely held until the completion of a transaction, giving both parties peace of mind during the exchange
process.

Moreover, Payoneer has launched the Global Payment Service, which provides SMBs with local receiving
accounts in multiple countries. This feature enables business owners to easily receive payments from international
clients, as if they had local bank accounts in each country. By streamlining cross-border payments, Payoneer helps
reduce fees and eliminates unnecessary delays, making international transactions more efficient and cost-effective
for SMBs.

Additionally, Payoneer now offers a Merchant Referral Program that allows existing Payoneer users to
refer their merchant clients for additional benefits. This program incentivizes Payoneer users to expand the
platform’s reach and encourages more businesses to join the network, fostering further growth and collaboration.

The new features also include an enhanced Mobile App experience, providing users with greater
accessibility and control over their international payments. With the Payoneer Mobile App, SMB owners can track and
manage payments on-the-go, offering convenience and flexibility in their financial operations.

“We are thrilled to introduce these new product features that cater to the needs of SMBs globally. At Payoneer, we
believe in the power of small businesses and their ability to drive economic growth. Our goal is to provide these
entrepreneurs with the tools they need to thrive in the digital economy,” said Scott Galit, CEO of Payoneer.

As small and medium-sized businesses become increasingly vital to the global economy, it is crucial to provide them
with the necessary resources and support. Payoneer’s new product features not only simplify and enhance international
transactions but also empower SMBs to expand their operations and reach new markets, ultimately contributing to their
growth and success.

With the introduction of Payoneer Escrow, Global Payment Service, the Merchant Referral Program, and an enhanced
Mobile App experience, Payoneer solidifies its commitment to enable SMBs worldwide to thrive and prosper in the
ever-evolving digital landscape.