Send money to your supplier in any currency for a flat, transparent cost.
We partner with the world’s leading banks. HSBC, CITI, WellsFargo, Fidelity and Chase ensuring your money is safe and secure.
PingPong is globally regulated in every region we operate.
This is convenient for YOU and YOUR supplier. They are likely used to accepting only USD, or eating the fees for foreign exchange. Think: leverage. You can likely negotiate better rates!
This eliminates the risks associated with money-sharing apps and wire transfers. Wire transfers are virtually untraceable. Once you’ve sent that money, it’s gone. And if you so much as spell a name incorrectly, get a number out of place or accidentally send 10,000 instead of 1,000 - it will be weeks before you recuperate funds, and that’s if you can.
- Discourages money laundering
- Matches suppliers to their company name, bank accounts, and passports
- Ensures the person you’re doing business with is who they say they are