A HAPPY CUSTOMER
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“Since switching to PingPong, we’ve generated over six figures in savings.”
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OUR SOLUTIONS
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Every Solution You Need To Fit Your Business Needs
Supplier Payment
Get a free PingPong account, and pay suppliers in their domestic currency. It’s that easy.
Wallet
PingPong’s virtual wallet is a powerful multi-currency solution to send and receive multiple currencies worldwide.
Payroll
Modernize your global payroll process. Make payroll from anywhere - even while at home in your PJs!
API Integration
Improve your existing products, systems, and operations - all while creating new business opportunities.
VAT
Handle your VAT & GST Payments at the click of a button: Makes paying VAT simpler than sellers could dream of!
BOUNDLESS CAPABILITIES
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Innovative. Adaptive. Customizable to you!
Streamline revenue, make payroll, view sales profits and marketplace transactions, pay suppliers, scale your online business and so much more with PingPong’s all-in-one capital management solutions.
SEE ALL BENEFITSReceive Foreign Currencies
Accept foreign currencies and convert sales profits to your domestic currency at the best rate possible.
Easily Pay Suppliers
Pay your suppliers (and negotiate better rates!) in their local currency at a fraction of the standard cost.
Advanced Account Capabilities
Assign your team members different levels of account access based on your privacy preferences.
Experience the Lowest FX Rate
Convert your profits at a crystal clear, transparent, 1% rate.
Analytics & Automation
Choose when to convert based on the exchange rate, with auto-withdraw and auto FX controls.
Pay VAT & GST
Pay VAT, GST and other taxes and avoid all the confusing conversion fees.
A HAPPY CUSTOMER
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“Since switching to PingPong, we’ve generated over six figures in savings.”
Ryan Clay, Marketplaces Manager, KontrolFreek
VIEW CASE STUDIESHOW IT WORKS
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Sign Up. Verify Your Identity.
Do Business Beyond Boundaries.
Step 1
Sign Up
Register for a free account, and instantly gain access to local banking information in the countries where you want to do business. Plus, make payroll, pay suppliers and much more - without ever leaving the comfort of your home - wherever you are in the world.
Step 2
Submit Docs
PingPong participates in KYC (Know Your Customer) for YOUR protection and safety. Upload the required (standard) business documents and know your money is in the safest hands possible. KYC submission helps prevent money laundering and account fraud by verifying your identity and preventing anyone who isn’t you access to your account and information.
Step 3
Send & Receive
Global eCommerce, at your fingertips. Send money. Accept payments. Pay VAT and GST. Top-up your account and so much more on a single, convenient platform that allows you to see all of your marketplaces, all of the time.
GET A FREE ACCOUNTWHERE WE OPERATE
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Grow. Scale. Prosper with PingPong.
Move The World’s Most Major Currencies - From Wherever You Are - And
Grow Your
Business Beyond Boundaries.
Receive & Accept Foreign Payments in These Currencies:
TESTIMONIALS
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Reasons to Get out of Bed in the Morning
“PingPong makes paying suppliers and sending money globally more approachable by diversifying supply chains and facilitating innovative solutions for traditional routes of acquiring inventory.”
Keith Mander
Owner, Yuca LTD
“For customers like me with zero IT experience or background, I’m able to use the platform right away. Withdrawing money, sending payments and converting currencies is simple.”
Stephen Chun
General Manager, Union Beauty Corp
“The biggest difference in making the switch to PingPong is what we’ve saved in terms of dollars. Since switching to PingPong, we’ve generated over six figures in savings.”
Ryan Clay
Marketplaces Manager, KontrolFreek
OUR QUANTIFIERS
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Bring Value To The Company
PingPong transfers more than 150 million dollars a day for international eCommerce sellers just like you.
More than 1,000,000 sellers turn to PingPong for safely bringing their money home.
PingPong has processed more than 90 billion dollars in cross-border payments for eCommerce.
BLOG
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Keeping up with eCommerce
How does PingPong FX actually work? +
We’ve partnered with Tier 1 banks around the world like Citibank, Wells Fargo, Barclays, etc. to establish virtual accounts in all major currencies. They’ve licensed these accounts to us, which we then sublicense to our clients.This means that instead of Amazon (or other marketplaces) automatically converting your international earnings back into your native currency, they can disburse those funds in the currency / country in which it’s earned.For example, if you’re an American company selling on Amazon Canada, you can have those funds disbursed to your PingPong Canada account in Canadian dollars. From there, you can take advantage of PingPong’s lower FX rates to put more of those earnings into your pocket when you convert back into your native USD currency.
Where is PingPong based? +
PingPong was founded in New York City in 2015 and we have offices in 5 countries around the world. Our global HQ is in China. Our US office is based in San Francisco.
How much does PingPong Charge? +
PingPong has some of the most aggressive pricing in the e-commerce industry when it comes to foreign currency conversions. We never charge more than 1%.
Is my money secure with PingPong? +
Yes! PingPong is a fully licensed Money Service Business (MSB), and we follow the strict guidelines set by the governing body in every country we operate in.In the US our clients' funds are backed by Surety Bonds equal to 100% of the balance out in every state, and held in our FDIC insured partner banks for safe keeping.
Why do you request so many documents in order to approve our business account? +
As a Money Service Business (MSB) we are heavily regulated and have to collect a lot of information (KYC aka Know Your Client documentation) to ensure that we are working with legitimate businesses and their owners.Articles of Incorporation, Letters from the IRS with EIN/Tax ID Proof, & Driver’s Licenses/Passports are some of the easiest ways to identify and confirm the true business owners’ identities.
Can I also pay my international taxes via PingPong? +
Yes! PingPong has a global tax portal that allows users to pay their international tax needs quickly and easily. You can use your existing balance of local funds to make that transfer without dealing with or paying any conversion costs.
Can I pay my international suppliers via PingPong? +
Yes! You can add funds to your PingPong account or use your existing funds on balance to make payments all over the world in almost every currency.If your supplier/receiver also has a PingPong Account then you can utilize the in network payment and the funds will arrive almost instantly and the payment costs nothing!