PingPongX alternative for paying suppliers from USDT
As a PingPongX alternative, Unigox pays a supplier's bank in mainland China, Hong Kong or Singapore from USDT or USDC. PingPong's policy bans paying from crypto. Stay with PingPong for US companies, batch payouts and suppliers on its network.
When to stay with PingPong
Your company is in the United States
Unigox does not currently offer its services in the United States, where PingPong Global Solutions Inc. holds money transmitter licences or registrations in each state it lists.
Marketplaces pay into your PingPong accounts
PingPong opens local accounts in your business name and connects to Amazon, Walmart, TikTok and other marketplaces, so sales revenue lands in the same balance you pay suppliers from.
Your suppliers are already on PingPong's network
PingPong can settle a payment as a PingPong transfer, and its Korea site advertises 0% fees on payments to Asian suppliers through its supply chain network, mainland China included. Batch payouts by file or API come with approval workflows.
PingPong and Unigox for one supplier invoice
| Topic | PingPong | Unigox |
|---|---|---|
| What it is | A business account and payments API from a company based in Hangzhou: local accounts, marketplace collections, supplier payouts, FX with rate locks, multi-currency cards and checkout. | Supplier payments to China, Hong Kong and Singapore, paid from USDT or USDC in your Unigox Wallet or from local currency. |
| Where the money goes | Payouts to suppliers in many countries in their local currency, to a bank account, a local payment method or as a PingPong transfer. PingPong also offers flexible CNY settlement. | CNY or USD to the supplier's bank account in mainland China, or USD to its bank in Hong Kong or Singapore. |
| How you fund it | Account balance, a bank transfer to PingPong (cancelled if the money is not there within 24 hours, per its Korea help centre), ACH, a credit card or an e-wallet. Its Acceptable Use Policy prohibits any payment in cryptocurrency. | USDT or USDC from your Unigox Wallet, or local currency where your account offers it; the local payment buys the USDT or USDC that pays the supplier. |
| Adding a new supplier | The new vendor has to be approved before you pay it, and PingPong may ask for an invoice showing the trade details and amounts. | Upload the supplier's invoice or bank-details document and the form fills in. CNY needs the bank, account number, company name in Latin letters and Chinese characters, and the bank's +86 mobile number on file. USD to a mainland non-resident (NRA) or offshore (OSA) account needs the invoice. |
| Pricing | No public price list. The payouts API returns the fee and rate with each payment. PingPong's Korea site advertises 0% fees on payments to Asian suppliers in its supply chain network. | No public list either. Each payment shows the invoice amount, the total you pay and the price breakdown before you approve it. |
| Regulation | PingPong Payment (UK) Limited is an FCA-authorised e-money institution. PingPong Global Solutions Inc. is registered with FinCEN and with FINTRAC as a foreign money services business, and holds money transmitter licences or registrations in the US states it lists. Two Hong Kong group companies hold Money Service Operator licences. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMove a supplier invoice from PingPong to Unigox
Open Unigox and pass the identity check
Sign up and complete the identity check; supplier payments open once it passes. Have the supplier's invoice and bank instructions ready, and confirm the amount and receiving currency with the supplier.
Add the supplier from its invoice
Upload the invoice or bank-details document to fill in the form. If you paid this factory by PingPong transfer, ask it for its bank account. For CNY, also ask for its Chinese company name and the +86 mobile number the bank holds.
Pay the invoice from your USDT or USDC balance
Enter the amount the supplier is owed in its receiving currency, check the You pay total and the price breakdown, then pay from USDT or USDC in your Unigox Wallet.
PingPongX alternative: your questions
Is there a PingPongX alternative that accepts USDT for supplier payments?
Unigox pays a supplier's bank account in mainland China in CNY or USD, and in Hong Kong or Singapore in USD, from USDT or USDC in your Unigox Wallet. PingPong's Acceptable Use Policy rules out any payment made in cryptocurrency.
See Pay suppliers in ChinaWhat is PingPong Payments used for, and where does Unigox overlap?
PingPong Payments is a business account for online sellers and traders: marketplace collections, local accounts, supplier payouts, FX and cards. Unigox overlaps on one task, paying suppliers in China, Hong Kong and Singapore, and lets you fund it with stablecoins.
Can I keep PingPong and pay some suppliers through Unigox?
You can keep both. Marketplace revenue, batch payouts and suppliers on PingPong's network can stay on PingPong, while invoices you pay from USDT or USDC go through Unigox. PingPong's Acceptable Use Policy prohibits any direct receipt, transfer or payment in cryptocurrency, so check with PingPong before you move money from a PingPong balance towards a stablecoin. Unigox needs the supplier's bank account, even for a factory you paid by PingPong transfer.
Read the WorldFirst comparisonSettle your next factory invoice from USDT
Unigox pays the factory from USDT or USDC and shows the total and the breakdown before you approve. Marketplace revenue and suppliers on PingPong's network can stay where they are.
PingPong and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.