June 25, 2022

Fee products and services supplier PingPong introduced on Monday that it has reached a cooperation with international retail massive Walmart, serving to it procedure transactions in the USA and Mexico.

PingPong is likely one of the greatest cross-border industry virtual carrier suppliers on the earth, and it has reached cooperation with dozens of cross-border e-commerce platforms. It operates in over 200 international locations and areas and serves masses of hundreds of traders international.

Leveraging its international products and services community, charge licenses and compliance machine structure in mainstream international locations and areas, the corporate has established a various product matrix masking cross-border assortment, overseas industry B2B charge assortment, international acquisition, international distribution, provide chain financing, alternate charge hedging, export tax refund, VAT tax charge, SaaS undertaking products and services, and extra, which can give shoppers with compliant, protected and handy one-stop virtual fintech products and services.

PingPong CEO Robert Chen issued the next remark: “PingPong is venerated to be a cooperative e-payment corporate with Walmart, and that is crucial step in increasing the community of our international operations. The cooperation responds to the macro coverage necessities of the state to fortify the improvement of latest overseas industry and suits the improvement wishes of PingPong and Walmart to collectively amplify their globalization structure. Via useful resource integration and deep hyperlinks, the 2 aspects will collectively lend a hand Chinese language cross-border dealers pass in another country, serve in another country shopper markets and advertise the long-term building of cross-border industry.”

SEE ALSO: Alibaba.com Launches Pass-Border Fee Provider

See also  Beijing Corporate Fined for Illegally Offering On-line Recreation Products and services to Minors

Walmart is likely one of the global’s greatest shops, with a world omni-channel e-commerce overall of $75 billion in 2021. It’s been one of the crucial common platforms for Chinese language exporters and cross-border e-commerce dealers.