Rupesh Sanghavi
CEO, ErgodE Inc. United States
“We consider this an age of globalization. If we want to be competitive, we have to work at a global scale. a strong payments platform. I met Payoneer at IRCE. They provide support for payments to any vendors. Simple point and click and you’re done.”
Challenge
When we first started looking for a payment processing service, we tried everything, including international banks and different online service providers, but couldn’t find one that supported our business in a way that we needed. Other services gave us no control over payments, conversion rates or the timing of our payments. We also felt that other providers’ platforms and customer service were lacking.
Solution
Payoneer’s payment solutions include automatic payments, the ability to pay suppliers directly from their platform, foreign currency accounts and VAT payment services. The platform is easy to use and they’re always expanding their management tools.
Result
As the preferred payment partner to marketplaces all over the world, Payoneer has greatly helped us expand our global presence on different international platforms, including Linio in Latin America and Amazon China, and broaden our customer base.
My name is Rupesh Sanghavi.
I immigrated to the United States from Mumbai, India in 1999 and have been living in Texas for more than 12 years.
Professionally, I’m an application engineer, having worked for many years at several major corporations.
In 2007, I became inspired to start my company, ErgodE, after seeing how expensive my wife’s college textbooks were. Knowing that educational books are in constant demand, I got in touch with several suppliers and began selling them at a much lower price than I found elsewhere.
Since then, we’ve expanded our product line to include tools, toys, electronics, houseware, beauty products, furniture and more. On top of our flagship sites, ErgodE.com and VirVentures.com, we currently operate an additional 16 websites, each specializing in a different business sector.
“As a global company, we were very optimistic about choosing Payoneer as our payments solution”
I first met Payoneer at the IRCE conference in Chicago, where I was quickly won over by their various payment solutions, including automatic payments, foreign currency accounts, VAT payment services and the ability to pay suppliers directly from their platform.
Their platform is easy to use and they’re always expanding their management tools. In particular, the Store Management tool allows me to stay on top of my sales and revenues, and most importantly, gives me control over my incoming and outgoing funds.
I also found their team to be more responsive, customer-centric and helpful than any of the other companies I had explored at that point.
“Payoneer helps us to work all over the world“
ErgodE is very much an international company. Today, we staff more than 400 employees across six offices in the US and India. Furthermore, 30% of our customers are located outside of the US, and we actively sell in 13 countries, including Canada, the UK, India and China, and have shipped orders to more than 130 countries in the last year.
“I feel that our growth goals are within reach“
Currently, we sell around 4 million book titles and 500,000 non-book items a year. Our goal is to double the number of non-book products to 1 million and to increase our offerings by sourcing products from outside of the US to be sold to the American market.
Working with Payoneer makes me confident both in the future of my company and in our chances to reach, and even surpass these goals!
المزيد من قصص النجاح
Daehyun Ko
Myungyoon Electronics, General Manager, South Korea
“Thanks to Payoneer, we can expand our business globally.” From B2B to B2C: how Myungyoon Electronics took control of its sales process to launch its products in the global market.
Nimisha and Manav
Co-founders, D’Moksha Homes, India
“Payoneer remains an integral part of our growth journey.” Find out how Manav and Nimisha Dhanda launched their sustainable homeware brand on the cusp of India’s national lockdown — and still managed to thrive.
Denys Shkribliak
Owner & Founder, Wood and Hearts Inc, Ukraine
“In the harsh times of war, when almost all manufacturing was lost, Payoneer became our real lifeline.” Find out how Wood and Hearts triumphed over adversity and rebuilt a company from the ashes of conflict.
Nitcharee Ujjin
Co-founder, Thumbinthai, Thailand
“Payoneer has been instrumental in helping us grow.” Thumbinthai co-founder Nitcharee Ujjin explains how the apparel start-up became a global powerhouse.
Wassem El Wardany
Managing Director, Proper Business Solutions, Egypt
“My business has thrived because of Payoneer.” Wassem El Wardany, managing director of Proper Business Solutions, explains how his business achieved accelerated growth with a reliable, secure payment partner.
Hannah Santillan
Operations Manager, Accentline Inc, Philippines
“We’d recommend Payoneer to any online business with international clients.” Find out how global payments are empowering local talent and helping Accentline become an internationally competitive BPO.
Kevin Wang
VP, Elegoo, China
“Since we implemented Payoneer Checkout, our website has seen rapid growth.” Kevin Wang explains how innovative electronics brand Elegoo unlocked a world of ecommerce potential.
William Scott
CEO, Dynamo, United States
“Payoneer has empowered us.” Dynamo founder William Scott reflects on a partnership that has help take an innovative mobility aid worldwide.
Prem Zalzman
Co-Founder, Kolibri, Argentina
“Payoneer has made it simpler and more efficient for clients to work with us.” Find out how a Latin American strategic management consultancy tackled cross-border payments for clients and contractors.”
