Payoneer Canada registers as payment service provider under new Canadian law, boosting cross-border business.

Payoneer Canada Limited has been officially registered with the Bank of Canada as a payment service provider under the Retail Payment Activities Act (RPAA). This registration enhances Payoneer's ability to serve Canadian businesses and those expanding into Canada by ensuring compliance with local regulations and supporting local currency transactions. It also strengthens Payoneer's banking relationships and regulatory foundation in Canada, allowing continued customer support with tailored onboarding and compliance. This milestone reflects Payoneer's commitment to regulatory compliance and global expansion in over 190 countries.

Payoneer Global Inc (PAYO) shares are trading near their 52-week high, priced at USD 7.13 with a slight 0.21% gain on the day. Despite strong regulatory progress in Canada, most Pluang users are selling, with 97% of order activity as of Oct 13, 2026 19:12 WIB.