Payment Supplier PingPong Payments Secures E-Money License in Luxembourg

Payment Supplier PingPong Payments Secures E-Money License in Luxembourg

PingPong re Payments, a repayment supplier for e-commerce sellers, announced on Wednesday this has gotten its authorization being A electronic money organization (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Started in 2015, PingPong claimed that its objective of assisting global ecommerce vendors keep more earnings, by beating the prices traditional banking institutions provide.

“Today, the business serves significantly more than 600,000 online sellers worldwide, has prepared significantly more than ten dollars billion in cross-border re re re payments for ecommerce merchants to-date, and transfers significantly more than $100 million each day for worldwide sellers that are e-commerce. Worldwide merchants round the global globe trust PingPong Payments to assist them to save well on cross-border payments, VAT & provider re re payments, and much more.”

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