Case Study: 99designs streamlines global designer payouts with Payoneer

99designs pays out over $500K per month with Payoneer

99designs, a global graphic design marketplace, needed a way to disburse payments quickly and securely to its thousands of designers located in dozens of countries, many in emerging markets with limited banking options. The challenge was to facilitate seamless, 24/7 multi-currency payments to maintain a competitive user experience.

To solve this, 99designs implemented the payment platform from Payoneer. This provided designers with various payout options, including local bank transfers and a Prepaid Debit MasterCard®, enabling fast, local currency payments in over 200 countries. The use of Payoneer resulted in over 4,000 designers choosing this method, with monthly payouts exceeding half a million dollars and growing exponentially. Furthermore, Payoneer significantly reduced the company's costs compared to previous payment providers.

99designs