Payoneer Continues Push Into Domain Payments Biz By Waiving Escrow Fees at Efty This Month

Global
payments giant Payoneer
has been making a major push into
the domain sales business ever since
former Escrow.com President Brandon
Abbey joined the company as
Senior Adviser last
October (Abbey is now
Director Strategic Accounts). They
are continuing to ramp up their
campaign this year. On April 1st
Payoneer began offering 50% off
their standard escrow fees for all
domain sales transactions – a deal
that will remain in place until the
end of this month. 

Just
four days later, on Wednesday (April
5), Payoneer fired another salvo
when a new partnership with domain
name investment platform Efty.com
was announced – a deal that will
give Efty customers free escrow
services on any sales made this
month. 

An
Efty announcement about the
incorporation of Payoneer’s secure,
licensed escrow service for global
domain name transactions into their
platform said, “A deep
integration with Payoneer’s escrow
API enables Efty users to place Buy
It Now (BIN) buttons on their
For-Sale landing pages and domain
name marketplace, which will allow
buyers to purchase their domain
names with the help of the licensed
and secure online escrow payment
service. With it’s easy to use
interface, Payoneer’s escrow
service is one of the easiest and
most secure ways for businesses to
pay and get paid online.”

Payoneer
is a digital payments company that
powers cross-border transactions to over
200 countries, in 150
local currencies. Thousands of major
internet brands, like Airbnb
and Google as well
as millions of small business owners
such as online
sellers in China and service
providers in India, rely on Payoneer
to power their cross-border
payments.