The next generation of payment services
In order to stay competitive in modern e-commerce, the concept of what a payment transaction is and what it involves constantly needs to be questioned and evolved.
At Ping, we view the payment as merely the first step in a chain of events that ultimately lead to the parties involved being paid. Our mission is to cater the full life cycle of a transaction.
The fact that we can help our customers get paid is a basic prerequisite, at the same time, we regard the payment as a commodity that is offered by a large number of suppliers on the market. Today, within the EU, it is so easy to get a payment done that the scope for further innovation and increased efficiency within the payment alone, is limited.
We are therefore agnostic to which payment methods or in which markets our customers businesses operate. Rather, Ping’s strength lies in how the entire transaction chain is facilitated, handled and settled.
We consolidate a large number of different payment flows and, together with transaction information gathered from the PSP, create a harmonized data model that may be further enriched with structured data from additional data sources, such as suppliers of customer knowledge, anti-money-laundering functions and transaction monitoring.
With Ping you get a consolidated API endpoint for all your payments. We offer;
- transaction integrity, from payment to settlement;
- the ability to calculate the unit cost for transactions in a completely new way;
- conditions for automation and reduced administration that only the largest global marketplaces (Amazon, eBay) today have access to.
We call it Financial Transaction Management ("FTM") and we dare to say that it is the future of payments for all marketplaces, platforms and SAAS operations.
You are welcome to contact us for a discussion about your needs, and we will tell you more about how we can help you bring your payment services into the future.