Payoneer announced that Payoneer Checkout is now available to eligible Singapore-registered businesses. Powered by Stripe, it lets merchants accept payments from international customers through their own online stores using cards and digital wallets, while managing proceeds across markets via Payoneer's platform. The release notes that many Singapore brands selling on Shopee, Lazada and Amazon are investing in direct-to-consumer channels, which adds complexity around currencies and payment methods. It cites digital payments accounting for more than 60% of transactions in Southeast Asia and three in five consumers in the region shopping online. Two DTC brands, COSRX and Dr. Melaxin, reported higher payment approval rates after using the service.
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