PingPong Global Solutions is a start-up financial servicescompany for the digital economy. Founded in New York City in 2015,the company provides cross-border funds transfers to support globalsales via online marketplaces by merchants based in any of 10countries, including China, India, the United States, Canada, theUnited Kingdom, and Australia.
"Our core product is a cross-border revenue-collection servicefor e-commerce merchants," explains Karen Li, managing director/CEOof PingPong's U.S. office. "Online marketplaces that enable thirdparties to sell on their platform typically collect payment fromthe consumers, but then pay the third-party sellers in the countryand currency where the marketplace is located. We help the sellerscollect from foreign marketplaces and repatriate their funds backto their home country."
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Meg Waters
Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
