Takayuki Eiki

Ehime, Japan

โ€œWithout Payoneer, I could not have expanded my business as much as I have.โ€

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Challenge

Receiving payments from U.S. and EU companies.

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Solution

Payoneerโ€™s Global Collection Accounts.

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Result

Rapid company growth and increased revenue.


Hi, I am Takayuki Eiki

I come from Ehime, Matsuyama. I am an online seller on Amazon, selling mainly Japanese products including everyday items, stationary and toys.

I started my career in the automotive industry as an automobile technician. A few years ago I decided to make a change and become an entrepreneur. As I was always interested in global business, I decided to go into the online e-tailing business. I started my business by importing products, but it became more interesting for me when I started exporting products as well. I enjoy connecting with cultures outside of Japan and I am learning about the differences. This is what motivates me to run my business.

After three years, we now have a team of 18 staff in total based in our Tokyo and Ehime offices. Our business is distributing products to customers all over the world. If a product isnโ€™t available, we can supply it. We are confident in our ability to satisfy our customers, and this is our business. This is always our goal and it doesnโ€™t change.


One of our major obstacles was receiving payments”

One of our major obstacles was receiving Amazon payments, as Amazonโ€™s main business platform cannot send payments to a Japanese bank account, rather it requires a US / EU bank account. However itโ€™s not easy to open a bank account in the US for a non-US resident or in the EU for a non-EU resident.

Payoneerโ€™s Global Collection Accounts solved these issues, as I could now receive US / EU account details from Payoneer, and receive my funds to my local bank account in Japan.


There are services which only Payoneer can provide

With Payoneer, I discovered great services, dedicated customer support, and tiered fees through which I receive reduced rates. Once my company gets more volume, the tier pricing helps me accordingly. The cost performance is very effective. Also, through Payoneer I receive my funds to my local bank account quickly โ€“ the funds usually arrive the next day.

Payoneerโ€™s Premium program gives us added benefits including reduced rates. The more we use the service, the more there is to gain. I think itโ€™s a good program. I communicate a lot with Payoneer, and what I like the most is their local Japanese support which is very important to US.
If I was not introduced to Payoneer, I would probably use another payment solution provider, however there are services which only Payoneer can provide. Without Payoneer, I could not have expanded my business as much as I have.

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