Payoneer
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A Payoneer Case Study
Virtualists Business Solutions (VBS), founded by Johanna Capili in 2016, is a Philippine BPO that has grown to over 50 agents and is expanding into Baguio. Early on the company struggled with its previous payment provider — long holds and poor support, high conversion fees (around 4%), unfavorable exchange rates, and limited seller protection that ate into profitability.
VBS switched to Payoneer, which provided better conversion rates, lower exchange fees, faster and more reliable transfers, and stronger support. The cost and time savings funded employee bonuses and operational growth; as a result VBS streamlined payments, increased confidence in transactions and opened a satellite office in Baguio while continuing to grow in San Jose.
Jams Capili
Founder