Dear Payoneer Customer：
Payoneer is committed to providing its customers around the world – including in China – with the best cross-border payment solutions and access to global markets.
Payoneer has become a global leader based on its work with regulators around the world to ensure our customers are protected and financial regulations are upheld. Payoneer is committed to continuing to provide Chinese e-merchants with high quality, stable services that comply with local regulations.
Payoneer is constantly working to improve its knowledge and close the necessary gaps in order to comply with local regulations in China. We have learned the importance of holding a license to operate properly and we are committed to closing this gap to comply with local regulations in China.
In order to be responsive to the PBoC compliance framework regulating the cross border market, we are increasing our investment and commitment to the China market and humbly reaffirming our commitment to work within the regulatory guidelines established to ensure we comply with local laws in China. We are working closely with China-based partners to implement the required solutions to ensure your cross-border business is supported in a compliant way for many years to come.
We expect to share more with you about the new changes in the coming months.
Thanks for your understanding and support.
27 Sep, 2019