CA-I2C
6.4.2022 17:47:05 CEST | Business Wire | Press release
i2c Inc. , a leading provider of digital payment and banking technology, today announced its partnership with PingPong , Hangzhou, China-based fintech unicorn providing business owners with modern, cross-border e-commerce payment solutions.
Leveraging i2c’s agile SaaS platform, PingPong will expand its existing commercial credit offering to new regions, specifically Hong Kong SAR and Europe. The product allows merchants to access instant payouts, as well as transaction fees as low as 1%, versus the 5% fees that have been historically charged to these international merchants.
“We are thrilled to work with such an innovative platform that’s redefining global e-commerce for sellers,” said Aurangzaib Khan, i2c general manager – MEA region. “By providing an all-in-one payments solution to a massive B2B market, with key differentiators like real-time transactions and significantly lower transaction fees, PingPong is breaking down international business barriers and putting sellers’ needs at the forefront.”
“We chose to work with i2c because of their deep global footprint and unmatched experience in digital payments,” said Yu Chen, founder and CEO of PingPong. “The partnership provides best-in-class integrated service to our growing portfolio, and through this collaborative expansion we can now cement PingPong’s mission to redefine the digital payment experience for sellers, entrepreneurs, and business owners worldwide.”
This partnership will allow PingPong to utilize i2c’s Visa and Mastercard certifications to both issue and process cards on the two partner card networks in Hong Kong SAR, and i2c’s Visa certification to issue and process in Europe. The PingPong credit card offers transactions in 15 currencies, featuring real-time direct transfers to suppliers, employees and vendors, while also boasting zero foreign exchange fees within the PingPong virtual wallet.
About PingPong
Founded in 2015, PingPong is a leading technology company built on the global vision that empowers cross-border digital commerce to grow. We are one of the largest payment and digital trade solution providers serving ~1 million global businesses, individuals, large enterprises, and financial institutions. Our advanced technology platform allows business to be done in any market and in any currency across the world. Our one-stop, compliant and comprehensive suite of products include e-commerce payment, B2B trade payment, acquiring service, card issuing, FX management, supply chain finance, VAT tax services, enterprise solutions, business intelligence software and more.
Today, PingPong has accommodated business flows from over 170 countries/regions and onboards customers locally from 43 of them. Our tested and proven global infrastructure has processed over $70 billion transaction volume and connects over 100 international e-commerce marketplaces and ecosystem partners, as well as over 100 international financial institutions including top 8 out of 10 world’s largest commercial banks.
PingPong has established more than 20 global offices and holds relevant payment, forex, financing and internet operation licenses and permits in the world’s largest economies including the U.S., Europe, Greater China, Japan and India.
About i2c Inc.
i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/territories and across all time zones. For more information, visit www.i2cinc.com and follow us at @i2cinc .
View source version on businesswire.com: https://www.businesswire.com/news/home/20220406005846/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Dryad Networks Reaches XPRIZE Wildfire Finals Milestone, Demonstrating Autonomous Detection and Suppression of Wildfires in Alaska8.7.2026 17:00:00 CEST | Press release
Dryad Networks, the leader in ultra-early wildfire detection technology, today announced a major achievement in the finals of the Autonomous Wildfire Response track of XPRIZE Wildfire, a four-year, $11 million global competition accelerating new solutions to end destructive wildfires. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707802818/en/ The Silvaguard Suppression Drone can deliver a 100 liter liquid suppressant to autonomously suppress small wildfires detected by Silvanet Competing against just two other finalists selected from an original field of nearly 300 teams worldwide, Dryad successfully demonstrated the integrated capabilities of its Silvanet wildfire detection network and Silvaguard autonomous firefighting drone system during final testing in remote Alaska. The XPRIZE Wildfire finals challenged teams to autonomously detect and suppress a wildfire without any human intervention across a vast 1,000 square k
Rigaku Opens "Rigaku Solutions Center Osaka" to Strengthen Global Semiconductor Metrology Service Capabilities8.7.2026 17:00:00 CEST | Press release
- Centralizing and Expanding Practical Training to Strengthen Global Service Capabilities - Rigaku Corporation, a global solution partner in X-ray analytical systems and a group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; CEO: Jun Kawakami; “Rigaku”), has opened the Rigaku Solutions Center Osaka (RSC-Osaka) at its Osaka Plant. The new facility centralizes and expands practical training for field service engineers supporting semiconductor metrology systems, strengthening Rigaku's global service capabilities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260708402770/en/ Photo: Hands-on training using the TXRF-V310 at RSC-Osaka As semiconductor manufacturing processes continue to advance toward finer geometries, higher layer counts, and more complex three-dimensional structures, semiconductor metrology systems require ever greater precision and operational stability. X-ray analytical technologies pl
Cardiac Dimensions® Announces Three Major Publications Demonstrating Long-Term Durability, Real-World Performance, and Broad Patient Benefit of the Carillon Mitral Contour System®8.7.2026 16:05:00 CEST | Press release
New data highlight multi-center 5-year durability, 10-year survival, and the largest single-center experience across both HFrEF and HFpEF patients with functional mitral regurgitation Cardiac Dimensions, a leader in transcatheter therapies for heart failure, today announced the publication of three major manuscripts that together form the most comprehensive evidence base ever assembled for transcatheter indirect mitral annuloplasty. These publications span a five-year multi-center commercial registry, the largest single-center experience across both preserved and reduced ejection fraction, and long-term survival results through ten years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707656796/en/ Carillon Mitral Contour System® The Carillon Mitral Contour System is the only commercially available indirect mitral annuloplasty device, designed to treat a broad and expanding population of patients living with functional mi
First Randomized Controlled Trial Shows Promise of a Ketogenic Diet in Psychotic Disorders8.7.2026 15:00:00 CEST | Press release
Trial reports correlations between ketone levels and cognitive and psychiatric symptoms in individuals with schizophrenia-spectrum and bipolar-1 disorders Published today in Schizophrenia Bulletin, a first-of-its-kind randomized controlled trial (RCT) from researchers at the University of California, San Francisco (UCSF), and funded in part by the National Institute of Mental Health (NIMH), adds to growing literature on the potential benefit of a ketogenic diet for treating psychotic disorders. The study, which enrolled participants with schizophrenia-spectrum or bipolar-1 disorders, demonstrated rapid metabolic improvements with a ketogenic diet compared to diet-as-usual during an initial one-month RCT open-label phase. Furthermore, those who continued with the optional four-month single-arm ketogenic diet extension saw meaningful gains across metabolic, psychiatric, and cognitive measures. This press release features multimedia. View the full release here: https://www.businesswire.co
Teamily AI Publicly Launches Human+AI Social Platform to Make Building and Growing a Company Easy for Every Team8.7.2026 15:00:00 CEST | Press release
Teamily AI (https://Teamily.ai), together with its Agentic AI Infra platform TensorOpera AI (https://TensorOpera.ai), today announced the public launch of its Human+AI social platform, a product stack that has already served more than 5 million users around the world. Starting today in Palo Alto and rolling out simultaneously across dozens of countries, this first public launch opens the full stack to everyone with a single mission: to make building and growing a company easy for every person and every team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260708584390/en/ "This is the moment we open our doors to the world," said co-founders Dr. Aiden Chaoyang He and Professor Salman Avestimehr. "We want every person and every team to be able to move from idea to product, from product to market, and from market to growth and investment, with an AI-native team by their side." At its core, Teamily AI enables humans and AI agents
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom