Payoneer & Tech Mahindra to fuel global crowdsourcing payments

By Gloria Mathias

Payoneer, the financial technology company, has announced its collaboration with Tech Mahindra, a global provider of technology consulting and digital solutions to enterprises across industries.

This collaboration aims to optimise payment capabilities for Tech Mahindra’s innovative crowdsourcing platform, Populii, and revolutionise the way businesses engage with the global crowdsourcing industry and manage financial transactions.

The integration of Payoneer with Populii enables gig workers to track payments and grants seamless access to multi-currency functionalities effortlessly. Tech Mahindra’s collaboration with Payoneer streamlines secure and flexible cross-border transactions for all stakeholders involved.

The pandemic has reshaped the talent landscape, blurring traditional job boundaries. Enabled by digital platforms, gig work offers businesses specialised skills, access to a diverse talent pool, and standardised outcomes. Populii leads in crowdsourcing innovation, providing businesses with a seamless, flexible solution for efficient crowdsourcing. With Payoneer integration, Populii users enjoy prompt, accurate international payments post-task, enhancing their platform experience.

Payoneer offers a global multicurrency financial platform, supporting up to 11 of the most traded currencies across 190+ countries and territories. It empowers freelancers and businesses to effortlessly receive payments and expand their international transactions across borders so they can do business “locally” in global markets regardless of their physical or geographical location.

Gaurav Shisodia, Payoneer’s Vice President of India, stated, “India’s gig workforce is expected to grow significantly, reaching 23.5 million by 2030, according to a Nasscom Aon report. This collaboration with Tech Mahindra’s Populii aims to simplify global commerce for freelancers, combining Payoneer’s expertise in cross-border transactions with Populii’s technological strengths. Together, we’re enabling companies and gig workers to transact globally with ease, speed, and convenience in international markets.”

Birendra Sen, President of Business Process Services at Tech Mahindra, shared, “Populii connects enterprises with gig workers globally to execute AI-driven projects, user studies, and other tasks. With Payoneer’s hassle-free cross-border payment system, the Populii community will get paid according to a set schedule, further solidifying our position as a trusted platform.”