PingPong Rolls Out Australian Acquiring Services, Direct Local Integration with Zip Co, to Supercharge Market Entry for Cross-Border Businesses
This partnership unlocks secure, flexible digital payment solutions that empower global businesses to seamlessly enter Australian markets and build customer confidence from day one. Merchants can choose between hosted, embedded, or API integrations to accept fast, reliable payments from millions of Zip users.
PingPong, the next-generation payment infrastructure, has launched its acquiring business in Australia. Through direct integration with Zip Co, the digital financial services company offering innovative, people-centred products, PingPong now offers cross-border enterprises a flexible \ payment option in Australia. This enables businesses to overcome local payment barriers, improve conversion and retention, and accelerate their entry into the Australian market.
Australia offers strong consumer spending power with World Bank data showing Australia's 2024 per capita GDP at US$64,000, ranking among the top 12globally and making it a prime market for cross-border expansion[1].
Building on its Australian Financial Services Licence (AFSL) and connections to six major international card networks, PingPong is now offering Zip as a payment option to cross-border enterprises expanding into the Australian market. The partnership allows both local and international merchants to be paidin full minus fees the next day while Zip manages end customer repayments. As a result, businesses can attract local customers while improving conversion andrepeat purchase rates.
PingPong now offers a comprehensive acquiring solution for businesses operating in Australia, with three integration options:hosted, embedded, and API-driven. The solution combines major card payments(including Visa and Mastercard), digital wallet options (like Google Pay andApple Pay) and now a local flexible payments provider via Zip to meet diverse business needs.
Stella Wu, Head of Acquiring at PingPong Group, commented: “Offering payment methods like Zip that are aligned with local consumer preferences is essential for businesses expanding internationally. PingPong will continue expanding its Australian payments ecosystem and local capabilities to support our partners' international growth.”
Becky Cook, Chief Customer & Revenue Officer at Zip ANZ said: “We’re pleased to partner with PingPong to enable cross-border payment solutions for consumers. With millions of Australians choosing Zip for flexible, transparent payments, particularly across key verticals such as electronics and homewares, we know the value a trusted local option brings to merchants entering the market. Through this integration, we’re helping merchants deliver a smoother checkout experience while giving customers greater flexibility and confidence when they shop.”
About PingPong
PingPong was founded in New York in 2015, withthe goal of solving the immense challenge of scaling enterprise businesses globally. Fast-forward to today, and PingPong has become one of the world'sl eading global cross-border payments platforms, with a Total Payment Volume(TPV) of more than $300 billion USD.
PingPong currently has 38 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones.
[1] Source: https://data.worldbank.org.cn/indicator/NY.GDP.PCAP.CD?locations=AU