Accessing funds internationally may be easier

[img_assist|nid=8313|title=|desc=|link=none|align=left|width=100|height=63] Direct selling industry leaders are now able to pay their international sales representatives’ commissions on branded reloadable Prepaid MasterCard® cards instead of sending them paper checks or wire transfers. The new service is introduced by Payoneer, Inc., a leading provider of solutions that help companies pay their people worldwide.

One of the direct selling firms to implement this technology is FreedomRocks™, an investment strategy program network. FreedomRocks is included in the number of hundreds of companies across many industries availing of smarter global payment approaches and having their payment process as a marketing tool rather than a cost-center.

High wire transfer fees, delayed processing, and lengthy bank hold times on paper checks are the key impediments accompanying access of funds internationally. After having faced challenges in fulfilling international payments, FreedomRocks, having thousands of Independent Representatives in more than 80 countries, made a decision to add Payoneer to its arsenal.

With a “pay me by plastic” option Independent Reps of FreedomRocks can receive their payments on a fast basis with immediate liquidity and greater convenience in spending their earnings. Such phenomena as costly bank wire transfer or check cashing fees, bureaucratic hassle, lost or stolen checks, or high bank foreign exchange rates no longer annoy them.

”Direct selling organizations like FreedomRocks have the global reach and dispersed workforces that make them a perfect fit for Payoneer’s prepaid payout solutions,” said Yuval Tal, CEO of Payoneer. “We help them turn the payment process from a liability into a valuable branding tool, while reducing the cost and complexity of international payments.”