DataHawk x Payoneer- Grow Your Business' Profitability

As a DataHawk user, you can start enjoying direct access to Payoneer’s top-tier Capital Advanced Grow offers at attractive conditions within DataHawk software.

Payoneer financing for DataHawk

1. What is Payoneer?

Payoneer is a payment industry leader that enables millions of SMBs and freelancers to receive payments anywhere, at any time. Within eCommerce, they have over 100,000 active Amazon seller customers within eCommerce, and they power payments to sellers on other leading eCommerce marketplaces such as Walmart, Wish, Cdiscount, Lazada, and Shopee.

Payoneer empowers global commerce by connecting businesses, professionals, countries, and currencies through its innovative cross-border payments and

working capital platform.

Founded in 2005 and based in New York, Payoneer is ranked in the top 100 of Inc. 5000’s Financial Services companies.

2. What Do You Get From Using DataHawk x Payoneer?

Any DataHawk customer can get direct access to Payoneer’s top-tier Capital Advanced Grow offer. Always have the funds you need to capture new opportunities and cover daily operating expenses, as you bring your Amazon and Walmart strategies to life.

3. What is Payoneer Foreign Exchange?

Payoneer Foreign Exchange offer, receive Amazon disbursement in your local currency, avoiding high currency conversion fees usually charged by Amazon.

By creating your Payoneer account through DataHawk, you can now monitor your Foreign Exchange activity directly on the DataHawk app. 

>>Read here for more details.

4. Use Cases

Expand your Amazon business by getting funds in minutes

Get access to funds using DataHawk x Payoneer

DataHawk X Payoneer offers the most complete and cost-efficient way for DataHawk users to receive their sales disbursements and pay suppliers globally. By using Payoneers’s Capital Advanced Express and Grow solutions you are able to expand your Amazon business by getting funds in minutes.

It gives you immediate access to cash flow, which is a critical challenge for eCommerce sellers today. With this solution you are able to make 100% of your payments instantly, empowering you to scale quickly and capitalize on new opportunities.

How To Get The Capital Advance offer?

  • Payoneer determines the amount of an offer based on past seller performance as well as predicted future sales. 
  • Sellers are notified of eligibility via email and are able to see their offer immediately in their Payoneer Account and in the DataHawk platform.
  • Payoneer collects a portion of each marketplace payment you receive from the store associated with the Capital Advance; the remaining amount of the payment is available in your Payoneer account to use as the need to run your business. 
  • The collection continues until a settlement is complete, that is until the full settlement amount is collected plus the fixed fee.
  • Upon acceptance, funds land immediately in the seller’s account. 
  • Payoneer collects payment on the originally scheduled date (in line with a marketplace’s payment cycle) and distributes the remaining funds to the payee minus the service fee.

Monitor your Foreign Exchange activity

DataHawk x Payoneer can help you Monitor your Foreign Exchange activity

By creating your Payoneer account through DataHawk, you can now monitor your Foreign Exchange activity directly on the DataHawk app.

Sellers are issued local receiving accounts across 9 countries/currencies (in line with Amazon’s key marketplaces).

Sellers are able to receive Amazon disbursements in the local currency, saving up on Amazon’s currency conversion which applies a margin of up to 4%.

With the balance in their account, sellers can:

  • Withdraw to their home bank account (with preferential currency conversion)
  • Pay suppliers and service providers anywhere in the world
  • Pay for local VAT obligations for free
  • Pay (or be paid) other Payoneer users instantly and for free
  • Load funds onto a prepaid Mastercard for cash withdrawals and in-store/online purchases

The Payoneer account represents the most complete and cost-efficient way for Amazon sellers to receive their sales disbursements and pay suppliers globally.

Get a better settlement plan and more capital access

Through our exclusive DataHawk X Payoneer partnership, you will immediately be graduated to the premium Capital Advance Grow product which offers a better settlement plan and more capital.

Direct access to Payoneer’s top-tier Capital Advance Grow offers, which are instant cash advances worth up to 100% of your average monthly volume, capped at $750,000. These cash injections for your business include a 3 to 4 months collection period and an attractive fixed fee as low as 3.5% without any credit checks or personal guarantees required. 

How can Payoneer help my business grow?

Here are the advantages:

  • No credit checks

Based on your store's performance, you’ll receive offers for up to 140% of your average monthly marketplace payouts. Skip the paperwork!

  • Up to $750,000 instantly

Once approved* funds hit your Payoneer account in minutes and you can withdraw them or make payments directly with just a few clicks.

  • Settle as you earn

You’ll always have the cash flow for daily expenses because you’ll settle the advance with a fixed percentage of your marketplace payouts.

  • Transparent, fixed fee

Every offer comes with an attractive, fixed fee that is collected with your final settlement. Simple!

5. How Can I Get Started Using Payoneer?

  • Go to the Finance section using the DataHawk app. The Financing tab will take you to the DataHawk X Payoneer dashboard where you can create or log in to your Payoneer account to display and accept your exclusive Capital Advance offers, as well as your multi-currencies wallet.
Getting started using Payoneer x DataHawk
  • Click on "Create a Payoneer Account" to go to Payoneer Sign Up Page.
DataHawk x Payoneer sign up process
  • Assign Payoneer as your default payment platform on Amazon and connect your Amazon store to Payoneer’s Store Manager.
DataHawk x Payoneer sign up process

After setting up your Amazon store and receiving the first Amazon payout to the Payoneer account, Payoneer will calculate your seller eligibility and send an offer.

 The offer can be viewed in the DataHawk financing page. Clicking on the “Accept in Payoneer” button will allow you to accept the offer in the Payoneer account.

DataHawk x Payoneer sign up process
DataHawk x Payoneer sign up process
DataHawk x Payoneer sign up process

You will now receive payments into your Payoneer account directly on the DataHawk app.

Whether making international payments, receiving funds, or empowering your eCommerce business with solid data analytics, Payoneer and DataHawk work together to boost your business growth and profitability.

Disclaimer:

The Capital Advance services and/or any exclusive offers that Payoneer provides may vary, from time to time, at Payoneer's sole discretion. The Capital advance program/ services are provided by Payoneer Early Payments Inc. and are subject to Payoneer’s eligibility criteria and terms and conditions.

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