Member Article

Payoneer and ANNA Banking App Partner to Streamline International Payments with Artificial Intelligence

As UK businesses diversify risk into new markets, ANNA and Payoneer make it easy and safe for freelancers and SMBs to get paid

Payoneer, the digital payment platform empowering businesses around the world to grow globally, has announced a partnership with ANNA banking and admin app to provide easy, secure international payments for small businesses and freelancers. The partnership allows ANNA customers, who are SMBs and freelancers, to receive international payments in USD or EUR into their ANNA account for the first time.

Users leverage ANNA’s intuitive AI chat-based interface, making it seamless to share account details with their customers, be notified of a loaded payment, view balances, be told the exchange rate and initiate withdrawals. The payment is then settled in real time. If there is an issue the AI can’t resolve, ANNA has a 24/7 customer service team ready to help within the chat interface.

Through ANNA’s app users will get unique local receiving account details in these currencies and receive the payments quickly and inexpensively. Specifically, by receiving in local receiving accounts, users avoid corresponding banking fees and benefit from Payoneer’s highly competitive currency conversion, which is up to 75% cheaper than having the bank convert the currency.

“Joining forces with Payoneer is a truly significant addition to ANNA’s services. Business is global and many of our customers work internationally. We can now enable them to reach across country borders for the first time – and at a critical time for these small businesses and freelancers who are working hard to maintain their livelihoods,” said Andy Roberts, ANNA’s Head of Channel Partnerships.

“We’re teaming up with ANNA to bring artificial intelligence to the world of international payments and to our customers,” said James Allum, Payoneer Regional Head – Europe. “We are experts in providing secure and simple cross-border payment solutions – and now, we are also empowering banks and e-wallets with innovative APIs for cross-border capabilities. We are pleased to facilitate new international opportunities for ANNA customers in this way. As we work to empower more businesses to grow globally, ANNA fits right in with our trusted network of partners.”

About Payoneer Payoneer’s mission is to empower businesses to go beyond – beyond borders, limits and expectations. In today’s digital world, Payoneer enables any business of any size from anywhere to access new economic opportunities by making it possible to transact as easily globally as they do locally.
  Payoneer’s digital platform streamlines global commerce for millions of small businesses, marketplaces and enterprises from 200 countries and territories.  Leveraging its robust technology, compliance, operations and banking infrastructure, Payoneer delivers a suite of services that includes cross-border payments, working capital, tax solutions, merchant services and risk management.  Powering growth for customers ranging from aspiring entrepreneurs in emerging markets to the world’s leading digital brands like Airbnb, Amazon, Google and Upwork, Payoneer makes global commerce easy and secure.  Founded in 2005, Payoneer is profitable and has a team based all around the world.   About ANNA ANNA is a business account and tax app for your small business. As well as tracking your own finances, ANNA can send and pay invoices. ANNA’s AI can analyse to learn how much you’re owed, by whom, and chasing them (politely) when they’re due. Likewise, when users receive an invoice, they can forward the details onto ANNA, which will prepare any payment instructions and fill in information like surnames and sort codes so that the payment is ready to be made whenever needed.

From running banks to designing award-winning brands and working with state-of-the-art technology, the team behind ANNA is made up of design, marketing and tech experts from across the world. We see a future where businesses get time and the support they need to grow and prosper. A future where ideas, creativity and innovation are encouraged and running a business is fun. So we created ANNA to provide businesses with time-saving tools that enable them to spend more time doing what they love.

This was posted in Bdaily's Members' News section by LUX365 .