Payoneer Enters China via Acquisition of Easylink Payment

Payoneer has completed its acquisition of Easylink Payment Co., Ltd., becoming the third foreign digital payment company licensed to operate online payment services in China. The move marks a significant step in Payoneer’s international expansion strategy and enhances its regulatory footprint in one of the world’s most important digital commerce markets.

The transaction gives Payoneer, a U.S.-based fintech company listed on NASDAQ, direct access to China’s domestic payments infrastructure. Through Easylink’s existing license, Payoneer can now offer localized products and services to Chinese businesses looking to manage cross-border transactions and expand their global presence.

“We are honored to be a licensed payment service provider in China”

John Caplan, CEO of Payoneer, said, “We serve a diverse range of companies in China, allowing them to grow their business globally. We are honored to be a licensed payment service provider in China. Our acquisition strengthens our global regulatory infrastructure and positions us to better serve those customers with enhanced and localized products and services.”

Founded in 2005, Payoneer provides cross-border financial solutions for small and medium-sized businesses, particularly in emerging markets. The company offers services such as global payments, multi-currency fund management, and marketplace integration, helping millions of entrepreneurs access international markets with fewer barriers.

With the acquisition now complete, Payoneer will be able to operate in full compliance with Chinese financial regulations and offer Chinese clients direct onboarding to its global payments network. This allows exporters, e-commerce merchants, and service providers based in China to send and receive funds more efficiently while accessing new digital tools to manage their business operations across borders.

The addition of Easylink aligns with Payoneer’s mission to provide equal access to global economic opportunity. The company’s strategy focuses on reducing friction in cross-border trade and enabling businesses in Asia, Latin America, Africa, and other regions to transact on a global scale.

Payoneer joins a small group of non-Chinese companies with regulatory clearance to conduct online payment services in the country. The development comes amid broader shifts in China’s fintech landscape, where local and foreign players are investing in compliance and localization to meet government requirements and tap into demand from globalizing Chinese enterprises.

As part of its broader market approach, Payoneer continues to invest in infrastructure, compliance, and partnerships that support its role as a trusted financial partner for SMBs navigating international commerce. The company now holds licenses in multiple jurisdictions, positioning it to respond to increasing regulatory scrutiny and customer expectations around security, transparency, and localized service delivery.