PingPong Taps Visa to Bring Commercial Card Payments to Supplier Invoices
PingPong has partnered with Visa to introduce a new solution enabling businesses to pay supplier invoices via commercial card, even when suppliers do not directly accept card payments. This Card to Account Payment Solution, part of Visa’s Business Payment Solution Provider program, allows corporate buyers to defer cash outflow for up to 45 days without incurring additional debt, while suppliers receive standard bank transfers. The service is currently live in the UK, EU, and Hong Kong, with plans to expand to the US and Singapore by 2026, supporting payments in over 170 countries and 25 currencies. PingPong manages the entire payment chain, reducing third-party dependencies and offering integration through its web portal or APIs.
This partnership between PingPong and Visa represents a significant step in modernizing B2B payments, particularly relevant for Asia’s diverse and rapidly evolving business landscape. By enabling commercial card payments for suppliers who traditionally only accept bank transfers, the solution addresses a common friction point in cross-border trade and supply chain finance. The ability for buyers to extend payment terms without suppliers needing to change their existing workflows offers substantial working capital benefits, a critical factor for SMEs and larger enterprises operating across multiple Asian markets.
The planned rollout to Singapore by 2026 underscores the strategic importance of Southeast Asia as a hub for financial innovation and trade. This initiative could accelerate the adoption of commercial cards in a region where traditional payment methods still dominate B2B transactions. Furthermore, PingPong’s role as one of Visa’s foundational providers for the BPSP program highlights the growing influence of fintechs in shaping global payment infrastructure, offering more flexible and efficient solutions that cater to the complex needs of international commerce.
