Start-Up Offers a Way to Pay Workers Abroad - Bits Blog - NYTimes.com

Payoneer enables businesses to pay freelancers, contract workers or salaried employees with a prepaid MasterCard card that payees can use to withdraw cash from an A.T.M. and as a debit card in stores and online. Greylock Partners, Crossbar Capital and Carmel Ventures have invested $14 million in Payoneer. (read full story at: bits.blogs.nytimes.com)