01 June 2026 | Monday | News
Picture Courtesy | Public Domain
PingPong, the embedded financial infrastructure for global businesses, announced the launch of Card to Account Payment Solution, a new Business Payment Solution Provider (BPSP) offering developed in partnership with Visa. The solution enables businesses to settle any supplier invoice using their existing commercial credit card, even when the supplier does not accept card payments.
PingPong is one of only three foundational providers chosen by Visa for this BPSP programme, a recognition of PingPong's licence depth, compliance infrastructure and global payout capability.
Mid-market and enterprise finance teams face a familiar squeeze. Bank financing can be expensive and many B2B suppliers, particularly across the EU and UK, do not accept cards. Under a traditional wire transfer cash leaves the business on Day 1 to Day 3, with no way to extend payment terms without straining supplier relationships.
Card to Account Payment Flexibility removes that barrier, allowing buyers to pay by card. The supplier receives the funds as a standard bank transfer, in T+0, T+1 or T+2 for most currencies, exactly as they would under a wire. No supplier onboarding required, no change to the supplier's workflow, no disruption to the relationship. The buyer retains 45+ days of working capital without taking on debt.
David Messenger, CEO of Global Businesses at PingPong, said "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."
Fintech Business Asia, a business of FinTech Business Review
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