Overview
PingPong provides businesses with global accounts, FX, payouts, cards and online payment acceptance, with a link to the Chinese market. The platform API supports managed accounts and embedded FX, which suits platforms that want to offer such features inside their own product.
Services - Global accounts, with 20+ local account currencies. - Global payouts, with 25+ local payout currencies. - FX. - Checkout. - Card issuing. - Managed accounts API, documented at the company's developer site.
Licensing and legal entities The company is presented as a licensed payment or e-money institution. Its Trust Center names PingPong Europe SA, supervised by the Commission de Surveillance du Secteur Financier in Luxembourg, and PingPong Payment (UK) Limited, supervised by the UK Financial Conduct Authority, both as EMI. Registered addresses are in Luxembourg and London.
Who it suits Exporters, sellers on overseas marketplaces and importers dealing with Chinese suppliers, plus platforms that need to collect from buyers abroad and pay suppliers across borders. Compare exchange-rate markup, fees for receiving and withdrawing funds, settlement times and verification requirements.
What they do
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