New York City (PRWEB) April 28, 2014
Payoneer, a leading online payments company transforming the way technology companies and SMEs globally send and receive cross-border payments, announced today that Lázaro Campos, the former CEO of SWIFT, has joined its Advisory Board.
“We are thrilled to be able to add an industry leader as credentialed as Lazaro to our Advisory Board,” said Scott Galit, CEO of Payoneer. “His vast experience in cross-border payments and global business expertise are unique, and his input will be instrumental as we continue growing the company.”
Mr. Campos spent 25 years with SWIFT, including five as CEO. Under his leadership the company nearly doubled volume while maintaining a high standard of operational performance. He will work with Payoneer management as it accelerates development of new products and services in support of its growing global customer base. Mr. Campos is joining Payoneer at a critical time: Payoneer recently completed a Series D financing round of $25 million, and was selected by Google as a payment partner for Google Trusted Stores.
“I am excited to work with the Payoneer team to empower more businesses around the world by improving the way they pay and get paid for cross-border commercial activity,” said Campos. “This is a vast market with extensive inefficiencies, and Payoneer is filling a large and growing need for simple, cost-effective global payments.”
Payoneer provides an industry-leading global payment platform that connects thousands of businesses with millions of trading partners and professionals worldwide, removing the limitations that typically impede cross-border commerce. Payoneer enables companies to send payments to over 200 countries as easily as if they were making local payments, while professionals and small businesses worldwide can immediately receive funds for services provided or products sold, no matter where they are. For payers and payees alike, Payoneer ensures smooth, cost-effective, secure, compliant transactions. Our range of flexible payout options includes transfers to local banks worldwide, prepaid debit cards, international wire transfers, and local eWallets. Venture-backed and profitable, Payoneer is ranked in the top 100 of the Inc. 500 Financial Service companies. For more information, visit us at http://www.payoneer.com or follow us on Twitter and Facebook.