On June 20, PingPong introduced a partnership with JCB,Activate JCB Card Online Acquiring Service, native retailers in Hong Kong, China can settle for JCB card on-line funds from international patrons. So far, PingPong has achieved direct cooperation with six main worldwide card issuers.
It is known that JCB is likely one of the six main card-issuing organizations on the earth. It originated in Japan and is now obtainable in 150 nations and areas around the globe, with 146 million members.
PingPong launched that after a number of rounds of JCB evaluation,PingPong is now formally a member establishment in Hong Kong, China, the 2 sides reached a direct cooperation. This additionally signifies that PingPong has reached direct cooperation with all six main worldwide card issuers, and may assist retailers in Hong Kong, China to obtain VISA playing cards, GraspCard (GraspCard), American Express (American Express), UnionPay (UnionPay) from international patrons. ), JCB and Discover (Diners Club).
According to the Zhiyan Consulting report, in 2021, bank cards will account for about 21% of worldwide e-commerce cost strategies, 31% in North America and 25% in Europe.
PingPong stated that this direct cooperation with JCB will additional broaden PingPong’s cross-border cost channel format within the Asia-Pacific area along with core markets reminiscent of North America and Europe, and assist the worldwide growth of the worldwide buying enterprise, thereby offering abroad retailers. More environment friendly and low-cost, versatile and controllable, protected and handy buying companies.
According to the individual in command of PingPong’s international buying enterprise, “the payment success rate of the company’s acquiring products is 90%.” The individual in cost identified, “In the next step, we will accelerate the API direct connection with the six major international card groups to further simplify payment transaction chain,Realize no-jump payment, to create a smooth consumer payment experience, optimize payment efficiency and stability, and provide services for e-commerce, education, travel, takeaway and other overseas customers in all scenarios. “
It is reported that PingPong has offered abroad buying companies for corporations reminiscent of Acre Innovation, Xiaomi, JD.com, UR, OnePlus, and HungryPanda, and has reached cooperation with some home banks.