Payoneer Adopts Citi Token Services to Facilitate Global Intracompany Transfers

Payoneer Links With Citi For Real-Time Blockchain Transfers - FinanceFeeds

Payoneer is leaning further into blockchain to speed up how it shifts cash between its own accounts worldwide, signing on to use Citi’s tokenised payments tech in a move aimed at boosting treasury efficiency and cutting friction. The cross-border payments company will integrate Citi Token Services — the US bank’s blockchain-powered liquidity and payment platform — into its existing treasury and payments systems via a simple API connection. The c…

Payoneer Leverages Citi's Blockchain Technology for Seamless Intracompany Money Transfers | Fintech InShorts: Latest fintech news, analysis by experts

Revolutionizing Financial Transactions: Payoneer’s Innovative Use of Blockchain for Internal Transfers Highlights: Payoneer successfully integrates Citi’s blockchain technology for faster money transfers. The collaboration aims to enhance efficiency in intracompany transactions. Blockchain technology offers a secure and innovative solution to traditional financial processes. In a significant move towards modernizing financial transactions, Payo…

Payoneer Adopts Citi Token Services to Facilitate Global Intracompany Transfers

Payoneer now enables real-time, 24/7 global intracompany transfers via Citi’s tokenized liquidity and payment platform, Citi Token Services.

Payoneer Partners with Citi to Enable Blockchain-Powered Treasury Transfers

Global financial technology firm Payoneer, listed on NASDAQ under the ticker PAYO, has announced a partnership with Citi to introduce real-time, blockchain-enabled treasury transfers. The service will operate through Citi Token Services, the bank’s tokenized liquidity and payments platform. The initiative is designed to facilitate faster, more transparent, and automated fund movements between Payoneer’s global accounts across participating branc…