PingPong Global Business Payments Platform

PingPong is a cross-border payments company founded in 2015 that serves exporters, e-commerce sellers, platforms and enterprises doing business across borders. It addresses high fees, slow settlement and fragmented banking access in international trade, and holds 82 licences and authorisations worldwide, with existing operations in Southeast Asian markets including Vietnam, Thailand, Singapore and the Philippines.

The platform offers Global Accounts with local accounts in more than 20 currencies, Global Payouts in over 25 currencies via local rails, Embedded FX with real-time or fixed-rate conversion around the clock, multi-currency Card Issuing for ads, subscriptions, team expenses and supplier payments, and Checkout with six card networks and more than 160 alternative payment methods. Enterprises and platforms connect through a Platform API, and onboarding uses AI-enhanced automated KYC. Direct connections to SEPA, UK Faster Payments and SWIFT support B2B flows.

• Global Accounts: Opens local accounts in more than 20 currencies.
• Global Payouts: Sends funds in over 25 currencies over local rails.
• Embedded FX: Converts currencies at real-time or fixed rates through the API.
• Card Issuing: Issues multi-currency cards for ads, subscriptions and supplier payments.
• Checkout: Accepts six card networks and more than 160 alternative payment methods.
• Automated KYC: Speeds enterprise onboarding with AI-enhanced checks.

A Vietnamese seller on Amazon or its own website can collect sales in USD or EUR and convert at real-time rates. An exporter can pay overseas suppliers and logistics partners through global payouts. A marketing agency can use multi-currency cards to pay for overseas advertising.

Businesses receive, convert and pay out in many currencies from one account instead of separate foreign bank relationships. More than 750,000 businesses use the platform, which reports over US$300 billion in annualized transaction volume. FX is available 24/7/365 at real-time or fixed rates, and multi-currency cards simplify paying for overseas ads, software and suppliers.

Small exporters and online sellers in Southeast Asia increasingly sell through global marketplaces and their own stores, and need local collection accounts, low-cost FX and supplier payments. Licensing in more markets lets cross-border payment providers serve regional intra-ASEAN trade as well as exports to the US and Europe.

Founded in 2015 in New York according to a company release, with about 1,500 employees and around 40 offices worldwide. Holds 82 licences and authorisations, including approvals in the UAE and Malaysia in 2025. Existing presence in Vietnam, Thailand, Singapore and the Philippines.