pingpong

PingPong: Powering Global E-commerce with Comprehensive Cross-Border Payment Solutions

PingPong is a leading global payment platform trusted by cross-border sellers and international businesses. It specializes in simplifying complex international transactions, enhancing financial efficiency, and ensuring robust compliance for companies operating in the global marketplace, including e-commerce giants and SMEs.

Key Services & Offerings:

PingPong offers a comprehensive suite of financial services designed for the needs of global businesses:

• Cross-Border Collections : Secure and convenient payment collection from major e-commerce platforms (e.g., Amazon, Shopee, Wish), app/game developers, and independent websites (e.g., Shopify). Supports multiple currencies.
• Foreign Trade Payments : Tailored one-stop B2B payment solutions for SMEs, export factories, and trading companies involved in international trade.
• Global Acquiring : Enables merchants to accept online payments from consumers worldwide, covering 71 countries, 266 payment methods, and over 50 currencies. Ideal for e-commerce platforms, education, and travel industries.
• PingPong Card: Mastercard/VISA virtual cards for seamless online business expenses, ad spend, supplier payments, and other operational costs.
• VAT Services : End-to-end VAT solutions including registration, filing, and payment, simplifying tax compliance for e-commerce sellers in Europe and other regions.
• Tax Refund Services : Assists businesses in navigating and claiming eligible tax refunds.
• Guang Nian : An innovative supply chain financing product offering early payouts for sellers on platforms like Amazon and Wish, improving cash flow.
• Fu Xin : Value-added foreign exchange services providing real-time, transparent, and convenient currency conversion and settlement.
• Global Store Opening : Connects sellers with global e-commerce platforms, facilitating quick store setup and market entry.

Why Businesses Choose PingPong:

• Extensive Global Reach: Operations cover over 200 countries and regions.
• Strong Compliance & Security: Prioritizes fund safety with a "compliance-first" approach. PingPong has undergone annual independent AML/CFT audits by Big Four accounting firms since 2015, consistently achieving high compliance ratings. It secured a European Payment Institution license in 2017.
• Industry Innovator & Leader:
  • Broke the monopoly of overseas payment giants, contributing to lower industry-wide fees.
  • Pioneered T+0 withdrawal standards, significantly improving capital turnover for sellers.
  • Supported Ecovacs, a leading robotics company, in its successful IPO by ensuring financial compliance for its cross-border operations.
• Proven Track Record & Trust:
  • Achieved unicorn status (valuation over $1 billion) by March 2019, just over three years after its founding in June 2015.
  • Trusted by renowned companies like Xiaomi and Ecovacs, as well as numerous successful Amazon sellers and emerging brands.
  • Facilitated a cumulative transaction volume approaching 2 trillion RMB (as of data by end of December 2024).
  • Reached a single-day transaction peak exceeding $1 billion USD.
  • Boasts 99% user satisfaction, with 84% of sellers who left choosing to return to PingPong.
• Dedicated Infrastructure: Operates a state-of-the-art, 65,000+ sqm global fintech innovation center in Hangzhou.

PingPong empowers businesses to navigate the complexities of global commerce, reduce operational costs, improve cash flow, and accelerate growth with a single, unified account for all their global payment needs.