Visa and PingPong Pair for Flexible Global Payments Solution

PingPong is strengthening its role in embedded financial infrastructure with the introduction of its Card to Account Payment Solution, created in partnership with Visa.

Targeted at mid-market and enterprise finance teams, the new Business Payment Solution Provider (BPSP) offering tackles a persistent inefficiency in B2B payments: the gap between commercial card functionality and supplier acceptance.

Although commercial cards are among the most effective tools for managing working capital, their use has been constrained by the fact that many suppliers – particularly across the UK and EU – do not accept card payments.

As a result, finance teams often fall back on traditional bank transfers, where funds leave the business within days, reducing financial flexibility.

PingPong’s latest solution is designed to address this challenge.

It bridges the gap by allowing buyers to pay any supplier using their existing commercial credit card, even when suppliers do not accept cards.

Suppliers receive payments via standard bank transfers, ensuring continuity in existing processes and relationships.

Lucy Demery, SVP Head of Visa Commercial Solutions for Europe, says: “Businesses need more flexibility in how and when they pay.

“Through our partnership with PingPong, we’re extending the value of commercial card rails beyond traditional acceptance, enabling secure payments and improving working capital for buyers and suppliers.”

Unlocking working capital without debt

At the heart of PingPong’s offering is a clear value proposition: extending working capital cycles without increasing balance sheet debt.

By enabling businesses to delay cash outflows by more than 45 days, the solution creates a liquidity buffer that is especially valuable in today’s uncertain macroeconomic climate.

The platform supports supplier payments in more than 170 countries and more than 25 currencies, with settlement speeds typically ranging from same day (T+0) to T+2.

A key advantage of the model is that it requires no supplier onboarding, removing a frequent source of friction in B2B transactions.

Companies can access the solution via PingPong’s web portal, without any integration, or embed it into enterprise resource planning (ERP) systems and treasury management platforms through API.

A vertically integrated approach

PingPong differentiates itself through its vertically integrated payment stack.

By managing the entire transaction lifecycle, the company reduces dependence on third-party intermediaries that often add complexity and delay.

This end-to-end control supports PingPong’s broader strategy of developing embedded financial infrastructure tailored to global commerce. 

Since its founding in New York in 2015, PingPong has grown to more than 40 offices worldwide, processing more than US$350bn in payments while supporting businesses expanding internationally.

David Messenger, CEO of Global Businesses at PingPong, says: “Most B2B suppliers don’t accept cards, which leaves a vast portion of corporate spend stranded outside the most efficient working capital tool businesses already hold. PingPong’s Card to Account solution closes that gap.

“Partnering with Visa to bring this to market reflects the standard of compliance, capital safeguards and global reach that serious commercial card programmes now demand.

“It is also the next step in scaling our embedded financial infrastructure into the corridors and product verticals where global businesses actually move money.”

Building the future of embedded finance

PingPong’s latest launch reflects a wider shift in fintech towards embedded, infrastructure-driven solutions that integrate directly into enterprise workflows.

By solving real operational challenges – rather than adding incremental features – the company is positioning itself as a key enabler of global commerce.

As businesses increasingly focus on liquidity, efficiency, and cross-border scalability, solutions like Card to Account payments demonstrate how fintech innovation is evolving to meet the practical needs of modern finance teams.