PingPong, a leading global cross-border payments platform, has received a Payment System Service Provider (PJP) license from Bank Indonesia. This new license enables PingPong to facilitate both cross-border and domestic payments in Indonesia, a key market with a projected 2024 GDP of $1.5 trillion USD. 

David Messenger, CEO of Global Businesses at PingPong, highlighted that this move expands their reach in one of Southeast Asia's fastest-growing economies, enhancing their ability to support enterprises in accessing the region's $320 billion USD export market. 

PingPong now holds over 60 payment licenses globally, including in major markets such as the US, EU, UK, and China.