B2B Payments

Cross-Border Payments Processor Having A Ball, With Kids That Is

Online-payments company Payoneer is helping a not-for-profit organization whose purpose is to ensure children anywhere can access a ball to “keep kids playing.” Under an agreement with Ball To All, Payoneer says it will donate its processing service so funds necessary to deliver recreational balls can get where they’re needed around the world.

An online payments company that specializes in cross-border payments is looking to round out its support for an international cause designed to “keep kids playing” through donations of recreational balls.

Payoneer Inc. says it will donate services to enable the not-for-profit Ball To All organization to send funds to its global ambassadors as they deliver recreational balls to less fortunate kids around the world.

Founded last year, Ball To All encourages an active lifestyle so children can grow happier and healthier while staying out of trouble. Its ambassadors deliver recreational balls in several countries, including Ethiopia, India, Jordan, Kenya and Zimbabwe.

Because of its global scope, Ball To All faced challenges accommodating the cross-border payouts necessary to provide its ambassadors with funds to carry out the organization’s mission. “Through this partnership, we are offering Ball To All complimentary payouts through our user-friendly platform,” Scott Galit, Payoneer CEO, said in a statement. “We’re thrilled to give back to the community through our work with Ball To All and have high hopes for the organization’s continued positive impact on children around the world.”

Ball To All plans to expand its global presence through donations, sponsorships and partnerships. In doing so, it expects to lower the cost to buy recreational balls in bulk and ship them around the world.

“Prior to working with Payoneer, we experienced difficulties and high costs associated with sending cross-border funds to remote areas around the world,” Ori Eisen, founder of Ball To All, said in the announcement of the Payoneer agreement. “This partnership enables us to cut overall costs and time spent facilitating payouts so we can focus more on our underlying mission – providing as many children as possible with an avenue for exercise and activity.”

Ball To All thus far has received $24,545 in donations, and it has delivered some 1,281 balls in 27 deliveries, according to its website. The most recent delivery was six balls sent to Mungala Primary School in Kenya, plus another six balls sent to Kenya’s Kisooni Primary School.

Payoneer’s deal with Ball To All comes the same month the company received an investment from integrated financial services provider Ping An, China’s largest non-state-owned business. Earlier this year, Google selected Payoneer as its global payments provider for the Google Trusted Stores program. Under that deal, Payoneer will power the program’s customer payouts, providing bank transfer services that enable Google Trusted Stores to send payments to people in many countries where it currently operates.

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