Ping (letsping.com) is a global neo-bank designed specifically for international contractors and freelancers, providing them with access to US dollar bank accounts, crypto accounts, and invoicing tools to help them get paid faster and more efficiently.
The platform enables users—often located in regions like Latin America, Argentina, and other remote markets—to open a personal Dollar account in the US, manage crypto holdings, and generate invoices. By streamlining cross-border payments and offering same-day payouts, Ping reports that its users make on average 4% more money compared to traditional freelance payment channels.
Ping focuses on solving the unique challenges freelancers face with international payments, currency conversion, and access to secure, reliable banking typically reserved for US-based account holders. The service combines elements of fintech, payments, and crypto/web3 technologies, aiming to make global work and compensation seamless for remote workers.
What technology enables Ping's freelance banking platform?
Ping leverages modern fintech infrastructure to provide US dollar accounts and integrates with crypto assets, allowing users flexibility in how they receive and manage funds. Core features include:
- Secure US dollar accounts for non-US residents
- Integrated crypto wallets for digital asset payments
- Invoice generation and management tools
- Fast, same-day payment processing
- Access across multiple regions including Latin America and the US
By providing these tools, Ping eliminates many of the delays, high fees, and access barriers traditionally faced by freelancers working with international clients.
Who uses Ping?
Ping's primary users are international freelancers and contractors, especially those in Latin America, Argentina, and other remote-friendly regions, who require reliable, fast access to US dollar payments and crypto options. This includes freelance developers, designers, consultants, and digital professionals who work for global clients and need easy ways to invoice and receive cross-border payments. The platform supports fully remote teams and independent workers seeking more control over their finances and faster access to earnings.
Who are Ping's competitors?
Ping operates in the competitive landscape of global freelance payment platforms and fintech solutions. Key competitors include:
- Upwork, Fiverr, and Freelancer: Freelance marketplaces with their own built-in payment systems and compliance tools.
- Payoneer: Enables freelancers to open multi-currency accounts and get paid globally.
- Wise: Popular for international transfers and business accounts for freelancers.
- PayPal: Widely used for freelance and contractor payments globally.
- Stripe: Provides payment processing and bank account services to businesses and freelancers.
- Remotify: Specializes in global payments and invoicing for remote workers.
- Mural, Skrill, Remote, Bloom, and Afriex: Offer a range of international payment, invoicing, and compliance services for freelancers and remote teams.
While many of these platforms offer payment processing or marketplace connections, Ping differentiates itself with direct US dollar and crypto account access tailored specifically for freelancers, focusing on fast payouts and integrated invoicing tools.
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