Finance

Payoneer rebrands ahead of public listing

A universal brand for a universal future of commerce

Published

June 22, 2021

GadgetMatch

Payoneer, the commerce technology company powering payments and growth for the new global economy, announced today a rebrand to reflect its current position in the market and its vision to be the world’s go-to partner for digital commerce everywhere. The new brand marks another chapter in the fintech pioneer’s evolution from young disrupter to industry leader, with plans to begin trading on Nasdaq under the ticker PAYO later this month at an enterprise value of approximately $3.3 billion at closing.

A 2005 “pre-fintech fintech”, Payoneer was born on the cusp of the global shift to digital, borderless commerce. Now, the business is very much at the heart of it. Payoneer’s vast networked ecosystem offers millions of businesses – from emerging-market freelancers to the marketplaces and platforms redefining how the world operates – the technology, connections and confidence to participate and flourish in the new global economy.

“This is the era of Open Commerce,” said Scott Galit, CEO of Payoneer, “a time when the entire world operates on a single digital plane, and anyone, from anywhere, has the opportunity to realize their potential. This is the reality we have always been building towards. As we enter the public markets and look ahead, our new brand is designed to keep driving the business forward while keeping us true to our purpose: to imagine, engineer and inspire a universal future for commerce, together with our millions of customers and partners all over the world.”

Payoneer’s new brand color is “universal”, reflecting its promise to be for everyone everywhere. The new symbol is a circle, illustrating its journey to becoming a single destination, unified, and connected in more places than anyone else.

The brand itself was developed in partnership with global brand company venturethree. Creative Director Jason Lowings said of the project, “There are many players in the busy payments and financial services space, but Payoneer is unique in the breadth, depth and integrity of their global ecosystems. It is a truly universal business, with an optimistic global perspective, uniting marketplaces, systems, businesses and entrepreneurs, everywhere in the world. To express and celebrate this, the new symbol of Payoneer reflects the universe of opportunities available through their many products, services and platforms.”

This is a press release from Payoneer

Related Topics:ecommerce Payoneer Virtual Wallet

Apps

ShopeePay now available for Apple services

Additional payment method

Published

March 20, 2023

GadgetMatch

ShopeePay, the integrated mobile wallet of the e-commerce giant, is now available as a payment method for Apple services.

That means in the Philippines, one’s ShopeePay account may be used to pay for App Store, Apple Music, Apple TV app, and iTunes Store purchases, iCloud storage and more.

Using ShopeePay as an Apple ID payment method eliminates the need for a credit card while still having a secure and easy way for one-tap purchases from iPhones, iPads, Macs, and more.

Customers can manage their Apple ID payment information in Settings on iPhone and iPad, or on their Mac or PC.

On the Shopee app itself, ShopeePay has been a convenient payment option for users to buy products, as well as to pay bills, top-up load, and more.

Apps

How to earn up to 10% interest when you save with Maya

Spend using the app

Published

March 13, 2023

GadgetMatch

Maya is urging clients to save and earn up to 10% interest by using the digital bank app for payments.

Maya Savings already offers a base interest rate of 4% p.a. (up to PhP 5,000,000), but customers can boost this rate to up to 10% when they spend using Maya on load and data packages, bills and utilities, and shopping.

The more they spend using Maya, the more spending milestones will be unlocked, which leads to a higher overall interest rate. Here are the tiers:

5%: Spend PhP 250 using the app for simple purchases like load and data packages to boost your base interest from 4% to 5%.
6%: Spend a total of PhP 1,000 to add another 1% to your total base interest rate, so use the app to pay at convenience stores or restaurants.
8%: Keep using Maya to pay bills and utilities with just a few taps; once you accumulate a total spend of PhP 20,000, the rate jacks up to 8%.
10%: Lastly, spend another PhP 10,000 (PhP 30,000 total) on shopping, groceries, and more, to finally reach the 10% interest rate.

Maya’s offer is available for all Maya Savings customers from March 7 to April 30 only, while the 10% p.a. applies to deposits up to PhP 100,000.

It also only takes one valid ID and no minimum balance to open a Maya account, if you have not done that yet.

Get the Maya app on the App Store, Google Play, or AppGallery.

Finance

GCash represents Philippines, SEA at MWC 2023

An innovator in the fintech scene

Published

March 10, 2023

GadgetMatch

The Philippines was well-represented at the recent MWC 2023 in Barcelona, Spain, with GCash President and CEO Martha Sazon delivering a keynote speech there.

Sazon’s talk revolved around emphasizing the e-wallet’s innovative and game-changing solutions aimed at financial inclusion, as she even called GCash “a national champion that helps transform a nation”.

The leading financial app in the country now has over 76 million registered users, and is believed to be one of few fintech solutions that are sustainable in the Southeast Asian scene.

As GCash and its parent company Globe Group were not only representing the Philippines but also the entire Southeast Asia at the event, the brand prided itself in being a benchmark for innovative financial services and solutions.

Likewise, the platform’s net promoter score (NPS), a gauge measuring customer experience and predicts business growth, has been at par with globally recognized brands at 83.9%.

This year’s MWC, the second in-person gathering since the pandemic, garnered over 88,500 total attendees.