Payoneer
68 Case Studies
A Payoneer Case Study
Glory, led by CEO Jinwon Jang, is a South Korean global online seller and educator that expanded from local marketplaces to platforms like Amazon, eBay and Lazada. The business faced a major hurdle in receiving U.S. payments—setting up a U.S. bank account was cumbersome and collection required slow, manual processes such as faxes and international calls.
By adopting the Payoneer U.S. Payment Service, Glory can create a U.S. virtual bank account without traveling and receive funds into a Korean bank account in local currency within 2–3 days. The change streamlined payments, cut unnecessary processes by 90%, accelerated cash flow and supported increased sales.
Jinwon Jang
Chief Executive Officer