Payoneer supports enterprise clients and small businesses from 200 countries and territories
Payoneer received EMI license in Ireland. Source: unsplash.com
Payoneer announced the establishment of a new office in Dublin, Ireland. This way, the Central Bank of Ireland authorizes the Dublin entity of Payoneer as an Electronic Money Institution (EMI).
Obtaining of EMI authorization across the European Economic Area (EEA) is a significant milestone, making Payoneer only the 12th company to be given the license.
At the same time, Payoneer has ensured that its customers are able to seamlessly carry out business operations in the EEA following Brexit. The license supports small businesses located in Europe that sell goods and services worldwide as well.
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