PingPong Accelerates International Growth with Expansion into Australia
Dec 18, 2019
PingPong, the world's leading global payments solution provider, today announced the expansion of its services into Australia with support for global merchants operating on Amazon.com.au.
San Mateo, United States - December 18, 2019 /PressCable/ —
Providing Global Merchants with Greater Incentive to Explore Amazon Australia.PingPong, the world’s leading global payments solution provider, today announced the expansion of its services into Australia with support for global merchants operating on Amazon.com.au.
With this expansion, PingPong is broadcasting itself as an early supporter of a market poised to become a meaningful contributor to Amazon’s top-line growth. Nearing the close of 2019, Australia’s e-commerce revenue is expected to reach US$20.7B. While Amazon Australia currently takes only a small share of this income, its sales more than doubled since opening up shop in 2017, and it’s on a clear path to replicate many of the strategies that have made it wildly successful in other markets.
“We see tremendous potential in Amazon Australia and the merchants who are helping build its success,” shared Karen Li, CEO of PingPong US. “We will approach Australia with the same unrivalled commitment to quality and service that has consistently enabled our international business to flourish.”
This announcement marks another major milestone in PingPong’s drive for rapid strategic growth, following recent news of its expansion into Mexico, Japan, and Singapore. Since 2015, PingPong Payments has processed more than $30 billion in cross-border payments for more than 43,000 e-commerce merchants. On average, the company transfers up to $83 million per day for its international clients, offering competitive payout rates and support services.
By supporting Amazon Australia merchants, PingPong expects to draw significant business interest and activity with its competitive rates and services. Global merchants will have a reliable choice for payment services while exploring their own expansion potential into Australia.
About PingPong
Founded in 2015, PingPong is an award-winning fintech company whose mission is to empower e-commerce merchants to sell anywhere in the world with a simple and streamlined experience. The company focuses on global financial service infrastructure and is committed to enabling global enterprises to participate in the new economy via technology innovation
Contact Info:
Name: Tim Jordan
Email: Send Email
Organization: PingPong Payments
Address: 1510 Fashion Island Blvd Suite 250, San Mateo, CA 94404, United States
Website: https://pingpongpayments.com/
Source: PressCable
Release ID: 88939837
More News
Precision and Skill at Wuhu Port: Loading Cars into Containers
Precision and Skill at Wuhu Port: Loading Cars into Containers
Where Huangmei Opera comes alive in Anqing's parks
Where Huangmei Opera comes alive in Anqing's parks
Rethinking retirement: Inside China’s vibrant park culture
Rethinking retirement: Inside China’s vibrant park culture
Awkwafina goes from kitchen nightmares to cooking for her heritage. Will Grandma approve?
Nora Lum is a hapless, clueless kitchen klutz who cannot tell one end of a wok from the other. And with that as her default position as she embarks on an Asian, primarily Chinese, culinary exploration of the United States, with the aim of mastering stove, saucepan and skillet, her prospects look decidedly dim. At the outset of Awkwafina: The Unlikely Cook on Apple TV, Lum confesses that she cannot even “steam an egg”; yet she is an expert at incinerating trays of spare ribs; at turning any sort...
Hong Kong’s Chinese medicine hospital aims to become global model for integrated healthcare
The opening of Hong Kong’s first predominantly Chinese medicine-led hospital last December is a milestone for the city’s healthcare system. The Chinese Medicine Hospital of Hong Kong (CMHHK), in addition to providing pure Chinese medicine services, represents the first time patients are able to receive treatment plans led by that system of healing – while also factoring in expertise from Western medical perspectives where appropriate. By leveraging Hong Kong’s role as an international gateway to...
Shanghai Disney Resort to open third themed hotel in December
Shanghai Disney Resort to open third themed hotel in December
If You Love Vacationing But Hate *Traveling*, Let These 34 Products Help
You can thank me later... View Entire Post ›
How Quentin Tarantino and film buffs are saving indie cinemas
Not long ago, Cinéma La Clef, one of Paris’s most historic independent cinemas, faced closure. Founded in the 1970s, the movie theatre was an epicentre for the city’s art-house filmmaking yet its owners decided to put it up for sale in 2018 and the end credits seemed nigh. But then the film world responded, vocally and with their money. The result? A newly formed collective acquired La Clef in 2024 and earlier this year it was reopened. “Independent cinemas like this one have always been...
Stephen Chow’s most beloved characters meet AI – and have the world in their sights
The Chicken Egg Boy shop in Sheung Wan is even more crowded than normal. It almost always has fans patiently queuing for a funky egg waffle with a twist, but on this early autumn afternoon, the influencers and media are here to try a new creation. Shop founder Natalie Lau has combined a trifecta of Hong Kong snacks into one parcel: an egg waffle with a pineapple bun top and char siu pork stuffed into each of the egg panels. As part of the promotion, a costumed mascot version of Stephen Chow...
I Went To Kyoto For 48 Hours To Heal My Nervous System, And These Are All The Things That Actually Helped
Sleep, no bus, no club, plane, next place, more sleep. View Entire Post ›
27 Versatile Pieces To Pack For Destinations With Unpredictable Weather
Rain one minute, sunshine the next — it must be a vacation in England. View Entire Post ›
Cheap version of HIV-prevention shot raising hope in low-income countries
The U.S. Food and Drug Administration has approved a generic version of the world's only twice-a-year shot to prevent HIV — a big step toward making the drug available inexpensively and more quickly in 120 low- and middle-income countries.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.