Airtm and Payoneer: Over a Year Connecting LATAM with the Digital Economy
Santiago Coates
July, 24, 2024
4 min. reading
Today, we celebrate the first anniversary of Airtm and Payoneer’s integration and its impact on financial connectivity in Latin America.
Access to international financial services is crucial for the success of digital entrepreneurs and workers. Historically, Latin America has faced challenges in this regard, as digital workers had few available options to withdraw the money they made online into their local currency. This integration between Payoneer and Airtm addresses this by combining Payoneer’s global payment solutions with Airtm’s local withdrawal network, allowing digital workers to withdraw and convert their earnings into local currency safely and seamlessly.
Specifically, Payoneer allows entrepreneurs to receive international payments from businesses across the globe, and, Airtm provides a platform for users to convert and withdraw their digital earnings into local currency in minutes so they can manage their finances and meet their daily expenses. This integration solves a critical problem by offering a comprehensive solution for financial accessibility, convenience, and urgency for digital workers in Latin America.
We are proud to highlight how our integration with Payoneer has helped overcome these barriers and bring digital entrepreneurs in Latin America closer to full global financial inclusion.
Connecting LATAM Users to the Digital Economy: Opportunities and Challenges
Ever since Airtm and Payoneer launched an integration last year, our primary focus has been to offer LATAM users a seamless and secure experience by providing access to a wide range of international financial services.
Digital entrepreneurs in LATAM have discovered that the Airtm and Payoneer integration is an efficient method for receiving payments from international clients or platforms with Payoneer and then swiftly converting these payments into their local currency, through Airtm.
This integration has been proven a game-changer, as freelancers and remote workers can convert their Payoneer funds to local currency in just minutes . By connecting their Payoneer account to Airtm and selecting it as the funding method, users can transfer funds from Payoneer and withdraw them to their local bank account safely and instantly.
One user expressed, “I primarily use Payoneer to receive funds from various clients. Thanks to the direct integration between Payoneer and Airtm, I can conveniently send money to my bank account or withdraw funds, providing me with a great deal of flexibility.”
Interested in learning more about how to add funds from Payoneer to Airtm and why this integration is invaluable for freelancers and digital workers? Check out the following video tutorial:
The Results of the Collaboration
Over the past year, we have significantly improved digital workers’ capability to receive international payments and convert them into their local currency. We have observed a remarkable increase in transaction volume. This surge demonstrates the effectiveness of our integration and the growing trust users have in Airtm and Payoneer to facilitate their financial needs. Thanks to Airtm, Users have been able to withdraw to their local currency in approximately 10 minutes in 13 countries of Latin America thanks to Airtm.
These numbers not only indicate the success of our integration but also the significant potential and demand for inclusive financial services in Latin America.
Empowering Digital Workers Across LATAM
Our work is not yet complete. We are committed to being the link between the digital economy and LATAM. Through this integration, we have moved closer to achieving this goal for both Airtm and Payoneer.
We remain dedicated to enhancing the financial infrastructure in Latin America by offering innovative and accessible solutions that enable more people to access the benefits of the global economy and thrive as freelancers. We are enthusiastic about the future and eager to continue working together to build a more connected and fairer financial world.
Airtm’s platform allows digital entrepreneurs to withdraw their earnings in local currency and serves as a tool for everyone to easily engage with the digital economy.
Through integrations like this, Airtm is committed to supporting those who want to enter this ever-evolving world. If you don’t have an Airtm account yet, you can quickly create one by clicking here.
