Ep.42 How to Save on Currency Exchanges & Get Lending to Scale Your Business with TJ Hyland from Payoneer

Welcome back to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be speaking with TJ Hyland from Payoneer about how you can save money using Foreign Exchange companies to move your money from Amazon disbursements to suppliers or to your bank accounts with lower currency exchange rates AND a brand new program that Payoneer is rolling out specifically designed to help small to medium sized businesses like most Amazon sellers.

Today we’re talking about what Payoneer does, how exchange rates work and trends in the industry, and the ins and outs of Payoneer’s new lending program.

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Talking Points
00:21 Hello and Welcome
01:28 TJ’s background
02:45 Payoneer background
05:30 Trends or changes in how people use Payoneer
10:55 How it works
14:00 Exchange rates
16:50 Payoneer’s new lending program
20:26 The evolution of lending to online businesses
22:15 Is the lending program available to US businesses only?
25:40 Ins-and-outs of the lending program
32:15 When you should think about utilizing Payoneer’s lending program
34:45 Last minute thoughts and comments
36:55 Getting a hold of TJ
37:45 Conclusion
Resources / Links