Payoneer, Etsy Renew Deal Across 16 Markets

Payoneer and Etsy renewed their payments partnership through 2029, continuing support for eligible Etsy sellers in 16 markets across Asia, Europe, South America and the Middle East. Since the partnership began in 2023, tens of thousands of sellers have used it to receive cross-border payouts and grow their businesses. Payoneer lets eligible sellers receive earnings in U.S. dollars and withdraw them to local bank accounts, helping address the difficulty of managing payments across currencies and markets. Etsy says the service helps it support sellers operating under varied regulatory and business conditions. The renewed deal does not open Etsy to shops based in Jamaica, though some Jamaican users reportedly seek workarounds to access the platform.