My true story... finaly i have Debit Master Card
With iStock's micropayment business model, we have thousands of contributors all over the world who need the same access to their earnings as any other contributor," says Danny Martin, Director of Business Development for iStockphoto. "Payoneer helps to level the playing field of payment options because it allows our contributors to get paid in short order plus the debit card gives them the freedom to use it at any ATM machine worldwide that takes MasterCard. Payoneer is a great option for international businesses with international clientele.
The Company
iStockphoto, www.istockphoto.com, is the world's leading royalty-free stock destination with a file downloaded every 1.4 seconds. Find your inspiration with more than 3 million photos, vector illustrations, videos and Flash files. iStock pioneered the micropayment phenomenon in the stock photography industry, enabling buyers to license images for as little as a dollar. iStockphoto entered the stock video market with similarly enticing price points in September of 2006. In partnership with its members, iStockphoto has turned community into commerce, transforming the digital imagery market by encouraging passionate dialogue and education, while making imagery affordable to businesses that may not have licensed imagery otherwise. iStockphoto is headquartered in Calgary, Alberta, Canada, and is a wholly-owned subsidiary of Getty Images.
Why Payoneer?:
iStockphoto is an international website searchable in 12 languages and it needs close communication with its worldwide contributor and customer base. Payoneer offers iStock contributors a versatile payment option for those who prefer payment onto a debit card instead of a bank account. Payoneer allows a convenient option for the diversified contributor base who use a variety of banking systems. iStockphoto's contributors also enjoy using Payoneer cards at any bank machine that accepts MasterCard.
Integration:
Payoneer presented a unique and flexible payment option for contributors. Non-Exclusive contributors use the black co-branded card and Exclusive photographers use a red co-branded card.
Results:
Since iStockphoto introduced Payoneer as a payment option in December 2007, more than 700 contributors have signed on to start using the cards, with the largest portion of Payoneer users based in North America, Europe and Asia. Many of iStock's contributors are based in countries where local banks do not work with international banks or web-based payment systems like PayPal or Moneybookers but they find Payoneer to be a convenient payment alternative.
