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PingPong and Visa Team Up for Enhanced Global Payments

In a significant advancement for cross-border transactions, PingPong has partnered with Visa to unveil their innovative Card to Account Payment Solution. This initiative aims to streamline the way global businesses manage supplier payments, particularly those that do not traditionally accept card transactions. As of now, this solution is available in the UK, EU, and Hong Kong, with plans to expand to the US and Singapore over the course of 2026.

Bridging a Payment Gap

Historically, many mid-market and enterprise organizations have faced challenges in managing supplier invoices effectively when suppliers don't accept card payments. Traditional wire transfers mean cash flow is compromised from the moment a payment is initiated, often hindering a company's financial strategy. PingPong's latest solution allows businesses to pay invoices using existing commercial credit cards, providing flexibility in payment processing and extending working capital without incurring additional debt.

One of the flagship features of the Card to Account Payment Solution is that it maintains the integrity of supplier relationships. Payments are executed without requiring any additional onboarding for suppliers, and they receive their funds exactly as they would with a standard bank transfer — without any changes to their workflow. This means that buyers can defer cash outflow by up to 45 days, thereby optimizing their working capital.

A Game-Changer for B2B Transactions

PingPong's collaboration with Visa positions the company as one of a select few foundational providers in this Business Payment Solution Provider (BPSP) program — a testament to the depth of its compliance and infrastructure. David Messenger, CEO of Global Businesses at PingPong, emphasized the importance of this initiative by stating, "Most B2B suppliers don't accept cards, which directs a considerable amount of corporate spending outside of efficient working capital tools. Our Card to Account solution bridges that gap."

The uniqueness of this new solution lies in its capacity to facilitate payments across more than 170 countries and 25 currencies without necessitating supplier onboarding. This seamless approach not only adds convenience but also enhances operational efficiency for buyers in managing their payment cycles.

Flexible Deployment Options

Companies can initiate this solution easily via PingPong's web portal, which does not require complex integrations. Alternatively, businesses looking for deeper integration can opt to connect via API with their existing Enterprise Resource Planning (ERP) or Treasury Management Systems. This level of flexibility ensures that organizations can adopt the payment solution that best fits their operational needs.

PingPong's Commitment to Trust and Compliance

A core component of this new payment option is the built-in confidence it provides to CFOs and treasury teams, especially when processing high-value invoices through a fresh payment rail. With Visa backing this initiative, businesses can trust that the infrastructure they are utilizing is robust, compliant, and operationally sound.

Lucy Demery, SVP Head of Visa Commercial Solutions for Europe, reiterated the necessity for businesses to have greater flexibility in their payment methods, stating, "Through our partnership with PingPong, we're expanding the utility of commercial card rails beyond traditional acceptance and improving working capital for both buyers and suppliers."

About PingPong

Founded in 2015, PingPong has been dedicated to creating seamless payment infrastructure for global commerce. Its compliance-centric payment solutions are engineered for real-time processing and transparent pricing, backed by regulatory coverage across a network of over 60 licenses. Having scaled from its New York origins to a global presence with more than 1,500 employees, PingPong has facilitated transactions worth over $350 billion for various enterprises and startups engaged in international expansion.

For more details about their innovative payment solutions, visit PingPong’s official website.

About Visa

Visa is recognized as a leader in digital payments, aiding transactions for consumers, merchants, and governments across over 200 countries. With a commitment to innovation, reliability, and inclusivity in financial access, Visa aims to connect the world and empower economies globally. To learn more, visit Visa's official site.