PingPong Payments: Scaling Global Payments with Visa

PingPong is advancing its position in embedded financial infrastructure with the launch of its Card to Account Payment Solution, developed in partnership with Visa.

Designed for mid-market and enterprise finance teams, the new Business Payment Solution Provider (BPSP) offering addresses a long-standing inefficiency in B2B payments: the disconnect between commercial card capabilities and supplier acceptance.

While commercial cards remain one of the most effective working capital tools available to corporates, adoption has been limited by the reality that many suppliers – particularly across the UK and EU – do not accept card payments. 

This forces finance teams to rely on traditional bank transfers, where cash leaves the business within days, limiting flexibility.

This is where PingPong’s latest solution comes in.

It closes that gap by enabling buyers to pay any supplier using their existing commercial credit card, even when card acceptance is not in place. 

Suppliers receive funds as standard bank transfers, preserving existing workflows and relationships as a result.

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 core of PingPong’s proposition is a simple but powerful value driver: extending working capital cycles without adding debt to the balance sheet. 

By allowing businesses to defer cash outflows by more than 45 days, the solution provides a liquidity buffer that is particularly valuable in today’s uncertain macroeconomic environment.

The infrastructure supports payments to suppliers in more than 170 countries and across more than 25 currencies, with settlement speeds ranging from same day (T+0) to T+2 in most cases. 

One of the crucial benefits of the model is the fact that it requires no supplier onboarding, eliminating a common friction point in B2B payments.

Businesses can deploy the solution through PingPong’s web portal – with no integration required – or embed it directly into enterprise resource planning (ERP) systems and treasury management platforms via API.

A vertically integrated approach

PingPong’s differentiation lies in its vertically integrated payment stack. 

By controlling the full transaction chain – from card acquiring to supplier payout – the company removes reliance on third-party intermediaries that often introduce complexity and delays.

This end-to-end ownership aligns with the company’s broader strategy of building embedded financial infrastructure tailored to global commerce. 

Since its founding in New York in 2015, PingPong has scaled to more than 40 offices worldwide, processing more than US$350bn in payments and supporting businesses expanding across borders.

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 broader shift in fintech towards embedded, infrastructure-led solutions that integrate directly into enterprise workflows.

By addressing real operational constraints—rather than layering on incremental features—the company is positioning itself as a critical enabler of global commerce.

As businesses continue to prioritise liquidity, efficiency and cross-border scalability, solutions like Card to Account payments highlight how fintech innovation is evolving to meet the practical demands of modern finance teams.