Payoneer and Upwork have extended their long-running partnership further to support cross-border payments for freelancers and businesses worldwide, as demand for remote and digital work continues to grow.
The renewed agreement marks 15 years of collaboration between the two companies, with the global payments platform serving as one of Upwork’s primary payout partners for international users.
Under the partnership, Payoneer will continue providing wallet and “Direct to Local Bank” payout services for both existing and new Upwork users across Africa, Asia Pacific, Europe, Latin America, and the Middle East.
IMAGE CREDIT: Payoneer
The fintech firm said the arrangement is supported by its financial network spanning 190 countries and territories.
The expanded collaboration also introduces a new area of exploration focused on stablecoin-enabled payouts, reflecting growing industry interest in alternative payment technologies for freelancers in emerging markets.
Partnership to explore stablecoin freelancer payment solutions
As part of the initiative, Upwork will join Payoneer as a design partner to explore how stablecoin-based payment options could help freelancers access funds faster and more flexibly, particularly in regions such as Latin America.
The companies also plan to collaborate on talent access initiatives by connecting Payoneer’s ecosystem of small and medium-sized business (SMB) clients with Upwork’s global freelancer network.
IMAGE CREDIT: Payoneer
Monique Avila, Senior Director of Customer Success for Asia Pacific at Payoneer, said the Philippines continues to play a major role in the global freelance economy.
“The Philippines remains a key force in the global gig economy, and access to fast, reliable cross-border payments is critical for Filipino talent to thrive,” Avila said.
“Our long-standing partnership with Upwork strengthens our commitment to helping Filipinos seamlessly connect to global opportunities and get paid with confidence.”
Payoneer said its global financial infrastructure and regulatory network help support secure and compliant international payouts at scale. The company’s platform operates through a network of nearly 100 banks and payment service providers worldwide.
The partnership comes as digital freelancing and cross-border remote work continue to expand, particularly in emerging markets where freelancers increasingly rely on global marketplaces and digital payment platforms to access international clients and income opportunities.
