Payoneer Holds Inaugural International eCommerce Forum in Delhi to Fuel Global Growth for Indian Exporters
Payoneer, an innovative cross-border payments company that drives global commerce, held the first-ever eCommerce forum in India last week, bringing together over 500 Indian eCommerce exporters with top ranking global marketplaces, local leaders from the banking industry, export policy experts and service providers. The daylong event in Delhi, titled “International Commerce: Grow Beyond Borders” was a truly unique learning opportunity for India’s cross-border eCommerce community.
“It was an incredible experience to take part in the Delhi event”, noted Payoneer CEO Scott Galit, who was a keynote speaker at the event. “While sellers in India have great products, and are hungry for growth, they are relatively new to digital commerce and to international sales. I look forward to working with our local team in India to continue to grow our presence and investment in the local eCommerce community. We see endless potential here and are always looking for opportunities to help local businesses in India grow.”
At the forum, sellers heard from marketplace experts from Amazon, eBay, Etsy, Google, Teespring, Tophatter and Shopify. These platforms were looking to further expand globally and enrich their product offering by onboarding local Indian sellers, and spoke on topics such as building a global brand and understanding the global consumer.
“I met new-to-India marketplace managers like Etsy and Tophatter. These marketplaces are a great way for me to expand my consumer reach for handmade and unique products made in India,” said Abhishek Middha, Founder, And Exports.
Banking industry leaders and expert trade policy experts also met with Indian sellers to discuss the challenges in cross-border trade and shared insights to grow their businesses. In addition, service providers and Payoneer partners that specialize in a range of services for online sellers – be it shipping, imaging, cataloging or consumer trends – discussed how sellers can optimize their offering to compete on a global scale and get the required edge to succeed in a competitive marketplace. More than 12 service providers attended, including companies like Eunimart, Delhivery and SFC logistics.
Rohit Kulkarni, Country Manager of Payoneer added, “We want sellers to put their best foot forward when it comes to global markets. Through events like these, sellers are able to increase their capabilities and truly become a world-class business. We look forward to many more local events like this in the future.”
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Amazon, Getty Images, Google and UpWork rely on Payoneer’s mass payout services. With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies, and was awarded a spot on the 2017 CNBC Disruptor 50 list.