PingPong has partnered with Visa to let businesses pay supplier invoices by commercial card even when suppliers do not accept card payments.
The new Card to Account Payment Solution is part of Visa’s Business Payment Solution Provider programme and gives corporate buyers another way to manage supplier payments.
Suppliers receive funds as a standard bank transfer, while buyers can defer cash outflow by up to 45 days without taking on additional debt.
The solution is live in the UK, the EU and Hong Kong, with rollout to the US and Singapore planned for 2026.
It supports supplier payments across more than 170 countries and over 25 currencies. Suppliers do not need to be onboarded or change their existing payment workflow.
Businesses can use the solution through PingPong’s web portal or connect it through APIs to ERP and treasury management systems.
PingPong manages the payment chain from card acquiring to supplier payout, which it says helps reduce third-party dependencies in the process.
The company also shared that it is one of three foundational providers selected by Visa for the BPSP programme.
David Messenger, CEO of Global Businesses at PingPong, said,
“Partnering with Visa to bring this to market reflects the standard of compliance, capital safeguards and global reach that serious commercial card programmes now demand.
It is also the next step in scaling our embedded financial infrastructure into the corridors and product verticals where global businesses actually move money.”
Lucy Demery, SVP Head of Visa Commercial Solutions, Europe, said,
“Businesses need more flexibility in how and when they pay.
Through our partnership with PingPong, we’re extending the value of commercial card rails beyond traditional acceptance, enabling secure payments and improving working capital for buyers and suppliers.”
Featured image: Edited by Fintech News Singapore, based on image by mkmult via Magnific
