Payments firm Payoneer announced on Wednesday that it has been chosen by Google as a provider for the tech company’s Trusted Stores program, which helps consumers identify secure merchants online.
Payoneer will provide customer payouts, as well as bank transfer services, that will allow the program to send payments through to merchants around the world.
The Trusted Stores badge is displayed on e-commerce websites that Google determines to have proven records of reliability and exceptional customer service. Shoppers are guaranteed $1,000 in lifetime purchase protection when shopping with merchants that have earned the Trusted Store badge.
“Payoneer is honored to be selected by Google as a payments provider for the Trusted Stores program,” Payoneer CEO Scott Galit said. “This exciting new program increases sales for merchants and builds confidence for consumers when making online purchases. Payoneer provides a seamless, automated payment process that meets Google’s high standards for technology, security and service, which is critical to the overall quality of the customer experience.”
Payoneer, which was founded in 2005 and is based in New York City, is ranked among the top 100 of Inc.’s 500 financial services firms. It has partners and service providers in more than 200 countries and has serviced more than one million payees worldwide.