Payoneer has partnered with Stripe to enhance its Online Checkout service, aimed at supporting small and medium-sized businesses (SMBs) in the Asia Pacific region. The collaboration will enable these businesses to offer a wider array of payment options, including Buy Now Pay Later services and digital wallets, thereby improving customer conversion rates and overall user experience. This partnership reflects Payoneer's commitment to facilitating cross-border trade for SMBs globally.
Stripe announced the launch of Stripe Capital in Australia, aimed at providing small and medium-sized businesses with quick access to financing as the company surpasses one million users in Australia and New Zealand. The initiative seeks to support SMBs in managing cash flow and investing in growth amidst economic challenges, leveraging Stripe's data for streamlined loan approvals and disbursements. Additionally, a study indicates a strong adoption of AI and stablecoins among Australian businesses, further highlighting the region's technological optimism.