Payment and ecommerce service provider PingPong Payments has announced expanding its payment processing and currency exchange services for both Polish (PLN) and Swedish (SEK) currencies.
According to a PingPong Payments representative, the provision of both Polish and Swedish currency exchange services offers US and international merchants access to two new European ecommerce markets. With this addition, PingPong Payments now offers merchants support in the following currencies: USD, CAD, AUD, JPY, AED, EUR, GBP, CNH, HKD, and SGD.
In addition to cross-border payment processing and currency exchange, PingPong Payments offers additional services such as lending, payroll and virtual account solutions. Furthermore, access to tax and customs registration, supplier validation and payment, market intelligence, and marketing and sales support services is provided. A PingPong Payments representative continues stating that the company facilitates cross-border payments through their virtual accounts and enable resources against money laundering. With services such as VAT processing and opening local bank accounts, the company aims to save cross-border merchants time and money.
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