Pakistan’s webstores can soon benefit from Payoneer, Stripe’s ‘enhanced online checkout experience’

Fintech companies Payoneer and Stripe have announced a strategic partnership that marks an expansion of Payoneer’s Online Checkout offering for cross-border merchants looking to sell direct-to-consumer.

The upgraded Payoneer Checkout capabilities will first launch in key Asia Pacific markets, including Pakistan, Vietnam, South Korea, China, and Hong Kong. These enhanced features will empower small and medium-sized businesses (SMBs) to accept a broader range of payment methods via their online webstores. Options will include ‘Buy Now Pay Later’ services like Affirm and Klarna, as well as digital wallets such as Apple Pay and Google Pay.

“This will be a good solution for anyone in Pakistan looking to sell abroad. If they are opening this up to Pakistani merchants it will be a great convenience as payment solutions can be tricky,” Mutaher Khan, co-founder of Data Darbar, told Business Recorder.

“It’s not that they are not available, but it can be a tedious process as you may need to set up a small company in another country, there is a cost to it. These issues will be solved for any export-oriented e-commerce business based out of Pakistan”.

According to Paynoeer’s statement, in the three years since launching Payoneer Checkout, the company has scaled from zero to nearly $1 billion in run-rate annual volume, “demonstrating rapid market adoption and strong customer demand”.

Over the last twelve months through June 30, 2025, the business has generated $30 million in revenue, representing over 100 percent year-over-year growth.

“We are committed to simplifying cross-border online trade for SMBs across Asia Pacific and beyond,” said Nagesh Devata, Senior Vice President, APAC at Payoneer.

“This partnership with Stripe is a strategic step in our journey to expand our Checkout offering and deliver a best-in-class user experience at scale. By combining Payoneer’s local market expertise and distribution with Stripe’s exceptional checkout technology, we’re bringing the strengths of both companies together to deliver unmatched value to our customers.”

Through this partnership, the two firms say they are enabling enhanced customer conversion rates, improving acceptance rates, helping to reduce fraud, and expanding payment acceptance options for SMBs selling direct-to-consumer via their own e-commerce webstores.