uShip Selects Payoneer’s Innovative, Flexible Payment Solution
Payoneer, an industry-leading global payments company, today announced that thousands of U.S. transporters on uShip.com can now quickly access their payments within minutes, as easily as using an ATM. Where payments processing with other solutions can take days or weeks and is difficult to access, Payoneer delivers payment immediately upon release of funds, giving transporters on the online transport marketplace the capital they need wherever and whenever necessary.
“The Payoneer payment program has helped transform my business on uShip,” said Kevin Holland of Total Equine Transport, who has been using uShip since 2009. “Because I can get paid instantly upon receiving the payment code from uShip, I have access to my money in the Payoneer account within minutes. The nominal fee for loading the card is worth every penny – the accessible funds have increased my ability to reliably meet the needs of the consumer. This has helped my ratings within uShip go from bronze to platinum in just a few months.”
uShip is the world’s largest and most trusted transportation marketplace primarily serving the vehicle, freight and household goods shipping markets. In 2011, the company launched uShip Payments, a proprietary payment system that helps carriers get paid quickly online. Working with Payoneer has helped uShip further expedite the payment process for transporters, who commonly need quick and easy access to cash while on the road for fuel, repairs, tires and more. Transporters on uShip range from the largest freight carriers and brokers to independent, single-truck or small fleet owner-operators.
“For large global contractor workforces, like the one that uShip helps to facilitate, payment delivery can be very complex,” said Yuval Tal, President and founder of Payoneer. “But to the end-user the payment needs to be easily accessible and extremely timely. Payoneer is an integral way for marketplace businesses like uShip to grow their business and quickly, securely and cost-effectively pay their contractors and members with little complexity for the business or the payee.”
“Payoneer is a terrific solution for transporters that need to access cash quickly, securely and affordably when they are far from home, working on weekends, needing to refuel in the middle of the night and simply can’t wait for money to clear,” said Heather Salomon, senior manager of Customer Trust and Safety at uShip. “Payoneer has also helped uShip Payments better serve the needs of transporters, while providing security and confidence to shipping customers.”
About uShip
Launched in 2004, uShip operates globally with localized functionality in the United States, the United Kingdom, Germany, France, Spain, the Netherlands, Austria, the European Union, Canada and Australia. uShip is a privately-held company of 90 employees based in Austin, Texas, and Amsterdam, the Netherlands. uShip is also featured on A&E’s “Shipping Wars,” a real-life series that follows a handful of independent truckers who competitively bid to transport oversized, bulky loads found on uShip. Season 2 of “Shipping Wars” airs in summer 2012. www.uship.com
About Payoneer
Founded in 2005, Payoneer is an industry-leading global payments company accelerating growth for its customers by improving the way they manage and pay partners, affiliates and independent workers in more than 200 countries worldwide. Payoneer’s complete solution provides a simple, secure, compliant and cost-effective way for companies of all sizes to offer superior and cost-saving payments options including: Prepaid Debit cards, deposits to local banks worldwide, wire transfers, mobile payments, global and local e-wallets and local-currency paper checks. Venture backed and profitable, Payoneer has served thousands of companies and more than one million payees around the world. For more information, visit us at www.payoneer.com.
