The United Arab Emirates (UAE) is emerging as a key player in the global online marketplace. Its future-thinking workforce, strong logistics networks, and prime location between East and West make it the perfect base for e-commerce businesses looking to globalise their offerings. But combining business expansion with international transactions isn’t always straightforward.
For UAE-based businesses, handling international transactions smoothly is, understandably, a priority. Over 40% of respondents surveyed for Payoneer’s most recent SMB Barometer Report said that they find the process of making and receiving cross-border payments challenging, citing obstacles such as transfer fees, delays, and currency fluctuations as hindering their progress.
Having the right payment infrastructure in place makes a big difference. With Payoneer’s cross-border payments, UAE businesses now have a digital payment solution to help them operate seamlessly across borders.
E-commerce is growing fast
According to a report published by Statista, revenue from the UAE’s e-commerce market is projected to reach US$ $8 billion in 2025, with a predicted annual growth rate of 6.02%. A large portion of that is driven by cross-border trade, as more UAE sellers work with customers and clients abroad.
This shift is exciting, but UAE’s ecommerce startups are in dire need of a solution that helps them streamline their payment processes. For businesses seeking dependable e-commerce payment solutions in the UAE, finding a straightforward and flexible way to manage payments will be instrumental in driving the growth of e-commerce SMBs and, by extension, the economy as a whole.
What makes international transactions difficult?
As businesses start dealing with overseas buyers and marketplaces, it’s starting to become clear that many are reporting similar frustrations, including:
- Unexpected fees or unclear charges that eat into profits
- Difficulty tracking where payments are coming from
- Complexities dealing with different currencies
- Navigating global tax and compliance requirements
These issues can hinder growth, particularly for companies operating on thin margins or in fast-paced markets. In a country where technology and automation are thriving, businesses are no longer satisfied with outdated payment processes that are just not ready for the new era of global trade.
Payoneer cross-border payments in UAE: A practical solution
Payoneer makes it easier to get paid, manage funds, and work with international clients. Let’s look at the ways it supports UAE businesses with global trade payment processing:
Get paid in multiple currencies
Businesses can receive funds in a range of currencies, including USD, EUR, and GBP. This enables businesses to accept payments from overseas without needing to establish accounts in each region.
Know what you’ll pay
Payoneer offers transparent pricing, without the hidden fees that can impact small businesses’ profit margins. For businesses that send or receive numerous smaller payments, this feature helps with planning and budgeting.
Designed for cross-border work
As more companies in the UAE start actively seeking digital banking alternatives, Payoneer’s receiving accounts provide them with the tools to manage their global payments without relying on outdated systems.
Helping UAE businesses to grow beyond borders
Being able to manage multiple currency streams from a single receiving account is a game-changer, making it easier for small businesses to scale and stay in control. With Payoneer you can:
- Keep track of payments from around the world
- Hold funds in different currencies until you need them
- View your international earnings in one dashboard
This kind of clarity is just what the UAE’s e-commerce businesses need to maintain confidence and momentum as they grow.
Why UAE businesses are turning to fintech
The UAE’s business community is embracing digital solutions. Startups and small businesses are enthusiastically embracing emerging technology to reach new customers and streamline their operations.
For companies seeking the best fintech solutions in the UAE, platforms like Payoneer stand out for their flexibility and ease of use. Rather than spreading themselves across multiple payment systems, businesses have a single platform for sending and receiving international payments, as well as staying on top of transactions in real-time.
Getting started is straightforward.
Getting started with Payoneer is simple:
- Sign Up: Visit the Payoneer website and click on the “Open your account” or “Register” button.
- Provide personal and business information: You’ll be prompted to enter details such as your name, contact information, and business details.
- Verification: Submit necessary identification documents and any required business documentation for verification purposes.
- Link bank account: Once verified, you can link your Israeli bank account to your Payoneer account to facilitate withdrawals in AED.
- Receive payments: After setup, you can start receiving international payments through your Payoneer account.
From there, you’re ready to start accepting payments from clients, marketplaces, or partners – no extra systems or complicated processes required.
The bottom line
Managing international transactions for UAE businesses shouldn’t slow down their expansion. With the right tools, UAE’s e-commerce entrepreneurs can focus on building their businesses, safe in the knowledge that they have a trusted platform.
Payoneer’s cross-border payments, which UAE companies rely on, are designed for dependability, helping you get paid, stay organized, and keep your international operations running smoothly.
Explore what Payoneer can do for your business and see how it can support your next step in global e-commerce.
Sign up for a Payoneer global payment account today.
James 
Jason