2021-01-14 at 18:00 ·

Payment Supplier PingPong Payments Secures E-Money License in Luxembourg

Payment Supplier PingPong Payments Secures E-Money License in Luxembourg

PingPong re re Payments, a payment company for e-commerce sellers, announced on Wednesday it offers gotten its authorization being A electronic money organization (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Created in 2015, PingPong reported that its mission of assisting e-commerce that is global keep more earnings, by beating the prices conventional banking institutions provide.

“Today, the business acts a lot more than 600,000 online sellers worldwide, has prepared significantly more than ten dollars billion in cross-border re re payments for ecommerce merchants to-date, and transfers significantly more than $100 million a day for worldwide e-commerce vendors. International merchants across the globe trust PingPong Payments to aid them spend less on cross-border payments, VAT & supplier re re payments, and much more.”

PingPong stated that the permit allows it to provide an even more flexible variety of services while increasing the range of clients later on.

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