Tagged: pingpong payments

Payment Service Provider PingPong Payments Secures E-Money License in Luxembourg

December 2, 2020 @ 8:07 am By Samantha Hurst |

PingPong Payments, a payment service provider for e-commerce sellers, announced on Wednesday it has received its authorization as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Founded in 2015, PingPong stated that its mission of helping global… Read More

Read more in: Fintech | Tagged digital payments, e-money, license, luxembourg, pingpong payments

Fintech Sector Needs Proper Standards and Policies to Maintain Transparency, Ning Wang from PingPong Payments Recommends

July 29, 2020 @ 11:35 pm By Omar Faridi |

The global Fintech ecosystem is growing steadily. The financial technology sector is projected to reach $460 billion within the next five years. But financial losses due to fraudulent activities have reached $42 billion, globally, during the past two years. The billions of dollars stolen due… Read More