ANI PR Wire
01 May 2023, 23:30 GMT+10
New Delhi [India], May 1 (ANI/IMC): PingPong India, a pioneer in cross-border payments has bagged this year's Times Business Award. The award was given to the company for excellence in cross-border payment solutions and helping Indian companies establish themselves abroad.
Chetna Sharma, Head, India Marketing, PingPong, said, "We're pleased to be recognized for our excellence in providing cross-border payment solutions. PingPong plays a significant role in providing cutting-edge technology riding on innovation to Indian companies to extend their reach to global markets. We'll strive to work even harder to fulfil our commitment to our steadfast clientele who have been resolute in their unwavering support for us."
The cross-border payments market has always been fraught with pain points and inefficiencies from both cost and time perspectives. This leads to expensive transaction fees and complex, lengthy payment-processing methods and, sometimes, even rejection of authentic payments with added protective barriers to safeguard an institution against illegal transactions. These payments are categorized into wholesale cross-border payments and retail cross-border payments.
PingPong is one of the largest payment and digital trade solution providers, serving more than one million global customers. Its product suite includes e-commerce payments, B2B trade payments, acquiring services, card issuing, FX management, supply chain finance, VAT tax services, enterprise solutions, business intelligence software to name a few.
Today, PingPong has accommodated business flows from over 200 countries/regions. The company claims that their tested and proven global infrastructure has processed over $90 billion in transaction volume and connects over 100 international e-commerce marketplaces and ecosystem partners, as well as over 100 international financial institutions.
This story has been provided by IMC (iMEQ communications). ANI will not be responsible in any way for the content in this article. (ANI/ IMC)
Get a daily dose of Cambodian Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cambodian Times.
More InformationOKLAHOMA CITY, Oklahoma: An Oklahoma school board has approved the application of the Catholic Church to establish the first religious ...
NEW YORK CITY, New York: In his second Twitter Spaces event for a 2024 White House candidate, Elon Musk hosted ...
WASHINGTON D.C.: Amtrak CEO Stephen Gardner said this week that despite projected losses of $800 million for the current budget ...
WASHINGTON D.C.: The Biden administration has announced that it is providing grants worth $570 million to eliminate many dangerous railroad ...
PARIS, France: According to a report by BFM TV, Britain's King Charles is considering a visit to France in September, ...
WASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
New Delhi [India], June 10 (ANI): Prime Minister Narendra Modi on Saturday expressed happiness with the performance of the Indian ...
BEIJING, June 10 (Xinhua) -- Here are the latest Chinese sports headlines from the past week:1. Torch relay for Chengdu ...
Miami [US], June 10 (ANI): Denver Nuggets defeated Miami Heat 108-95 in Game 4 of the NBA Finals at the ...
In two of their first three games since putting Aaron Judge on the injured list, the New York Yankees were ...
Chicago Cubs leadoff man Nick Madrigal and pretty much all Giants hitters not named Joc Pederson will look for improved ...
The Tampa Bay Rays will look for their eighth straight win on Saturday when they host the Texas Rangers in ...