Digital payments company Payoneer announced last week it has formed a partnership with UK business account app ANNA to bring artificial intelligence (AI) to business to business (B2B) international payments.
According to Payoneer, the partnership will allow ANNA customers, who are SMBs and freelancers, to use the chat function and AI capabilities to receive international payments in GBP, USD or EUR into their ANNA account.
“Users will get receiving account details in these currencies that act like local bank accounts. They can then share these account details with customers, be notified of a loaded payment, view balances, be told the exchange rate and initiate withdrawals — all via the AI chat function. The payment is then settled real time.”
The partnership with ANNA comes just a few month after Payoneer not only opened a new office Dublin, it has also been authorized as an Electronic Money (e-money) institution by the Central Bank of Ireland (CBI). The company claims to be the twelfth company to be granted the license.
Founded in 2005, 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 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.”