Peony participates in the '40th International Medical Device and Hospital Equipment Exhibition'

Payoneer, a financial solutions company that supports the global growth of companies around the world, announced on the 31st that it participated in the '40th International Medical Device & Hospital Equipment Show (KIMES 2025)' held at COEX in Seoul from the 20th to the 23rd.

KIMES, now in its 40th year, is Korea's largest medical device and hospital equipment exhibition. This year, approximately 1,450 global medical device manufacturers participated and a total of 72,507 domestic and international visitors visited.

During this event, Payoneer set up a promotional booth and introduced solutions for smooth global transactions for manufacturers and suppliers in the medical equipment and cosmeceutical sectors. Payoneer's flagship service, 'Billing Service (BLS),' is a service that supports cross-border remittances using a receivable account, simplifying the remittance process that occurs during the import/export process. It saves transaction fees and time compared to the existing wire transfer method, and you can request payment by sending a bill with an invoice to business partners and partners.

In particular, Peonia attracted the attention of visitors by introducing 'Skuad', an all-in-one global contractor management solution acquired last year. Skuad helps companies hire, onboard, and pay in over 100 currencies in over 160 countries without establishing a local corporation, and helps businesses expand overseas. It also transparently handles and supports complex procedures required when managing overseas contractors, such as issuing and paying invoices, legal compliance, and time tracking and management, allowing companies to focus solely on global growth.

“At this year’s KIMES event, we confirmed that interest in and demand for domestic medical devices are increasing,” said a Payoneer Korea official. “With Payoneer’s comprehensive payment solution and newly introduced contractor management solution, we will continue to strive to contribute to the globalization of related industries and provide improved services to our customers.”

Peony currently has over 2 million customers worldwide and supports the growth of its customers' businesses with local, expert teams supporting over 20 different languages in over 190 countries and territories.

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