Should You Buy or Sell PingPong Accounts? Detailed Answers & Advice

Recently, there have been a lot of questions about people buying PingPong accounts that others registered but haven’t used. So what’s the real purpose behind this?

PingPong is a service that supports receiving international payments, providing multi-country bank accounts such as US, Europe, Canada, Australia, and the UK, helping users receive money from foreign platforms or markets that can’t be paid directly through a Vietnamese bank.

In many cases, sellers on e-commerce marketplaces or online sales platforms often need to create several different US bank accounts to reduce the risk of being locked out or losing access when relying on just one account. So the demand for buying a ready-made PingPong account is a way for them to quickly get multiple international bank accounts without registering each one themselves.

1. Benefits of Using a PingPong Account

A new PingPong account, once documents are verified and there’s at least a $1 withdrawal transaction from a platform or market into the account, automatically gets 10 sub-bank accounts opened. Once the total amount received reaches $1,000, you get 10 more sub-bank accounts opened. In addition, a new account receives 2 US virtual Visa cards for use in advertising or paying for services that require a US Visa card.

Using a US virtual Visa card is very convenient for running ads, since opening a Visa card through a traditional bank usually comes with a card-opening fee and fairly high maintenance fees.

2. Why You Shouldn’t Sell Your PingPong Account

Although selling a PingPong account can be financially beneficial in the short term, you may lose more than you gain in the future, especially if you plan to grow a business based on the POD (Print On Demand) model or other fields that need diverse international payment methods.

Specifically:

• You’ll lose an important way to receive or send money if you need to expand your business.
• You may face legal risk if the account is used for non-transparent activities like money laundering. The system is always ready to reject suspicious transactions, whether the value is large or small.
• Owning a US virtual Visa card is also essential to pay for services that only accept US Visa cards, such as Pinterest advertising or paying for fulfillment services.

For these reasons, selling your PingPong account could cost you the opportunity when you need effective international business support services later, creating a bigger downside than the immediate benefit.

3. Final Advice

You should think carefully before deciding to sell your PingPong account. Think of it not just as a bank account, but as an important tool that will strongly support your future international business plans. The final decision is still yours.