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 |
