Dailymotion Selects Payoneer for Cross-Border Mass Payouts to its Global Network of Video Creators
Catégorie Partnership 24 August 2015
Strategic partnership enables video creators and content providers around the world to get paid quickly and securely in their local currency
Palo Alto – August 24th, 2015 – Payoneer Inc., a global leader in cross-border payments, has been selected by Dailymotion, one of the largest video sharing platforms in the world, to facilitate mass payouts to its global network of creators and partners. With Payoneer’s fast, secure and cost-efficient solutions, Dailymotion’s network of video creators and partners in developed and emerging markets can now get paid globally as easily as they do locally.
The past 10 years have seen explosive growth in the digital economy, creating new cross-border earning opportunities for businesses of all sizes. Amidst this flourishing digital economy, Dailymotion has grown to become one of Europe’s most highly trafficked video sharing sites with 300 million users watching 3 billion videos each month (Sitecatalyst, Jan 2015). Using the Dailymotion platform, video creators can upload content from anywhere in the world and get a share of the revenue. Site visitors can discover and share videos they are passionate about – including sporting events, music festivals, comedy skits, live events, and more. Paying these content creators for their work becomes increasingly complex as the number of transactions and locations increases.
“Dailymotion’s content creators will greatly benefit from Payoneer’s solution by having the option to receive fast and secure payments regardless of location,” said Martin Rogard, COO of Dailymotion. “We’re very excited to integrate Payoneer’s mass-payout solutions into our new monetization features.”
Boston Consulting Group (BCG) estimates that by 2020 cross-border business transactions will exceed 50 trillion dollars, which is 20 times larger than cross-border retail remittance volume. Because the cross-border payments infrastructure has remained relatively unchanged for decades, companies like Dailymotion need new solutions that Payoneer provides to support its mass payouts needs. “The global banking infrastructure is complex and expensive. Payoneer has simplified the user experience by removing the limitations that typically surround international money transfers for business,” said Scott Galit, CEO of Payoneer. “We’ve built a broad set of payment capabilities that enable companies like Dailymotion to scale their businesses globally with a single API connection to Payoneer that enables them to make payments in over 200 countries quickly, securely and in local currency.”
To learn more about how Payoneer is empowering global commerce with cross-border payment services for business, visit www.payoneer.com.
Dailymotion is the video platform with the best player to watch and share the events and the ideas that keep the world surprising and diverse: sports competitions, music festivals, comedy skits, political debates, fashion shows, gaming live-streams. Upload videos to connect with a passionate audience anywhere, anytime. Dailymotion attracts 300 million users who watch 3 billion videos on its player each month (Sitecatalyst, Jan 2015). For more information, please visit www.dailymotion.com.
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Google, Airbnb, Upwork and Getty Images rely on Payoneer’s mass payout services.
With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies. For more information, visit us at www.payoneer.com or follow us on Twitter and Facebook.
Download the press release: PR_24082015_Dailymotion&Payoneer