2022 Celebrating the 7th Anniversary of PingPong Payment Promotion Offer
These Terms and Conditions of Use (the "Terms") describe the terms and
conditions under which PingPong Global Solutions Inc.(“PingPong”) makes
available to existing PingPong users on and before 18th November 2022
("Existing User”) and the new users (“New User”) who register PingPong
account during the 2022 Celebrating the 7th Anniversary of PingPong
Payment Promotion Offer period (as defined below).
The Promotion Offer is exclusively reserved, to PingPong account holders
who have activated their PingPong account & completed Know Your Customer
(“KTC”) procedure. By logging in with their PingPong account to register
for the Service, a user ("You" and “Your” in these Terms) expressly
acknowledges and accepts to be bound by these terms. The terms constitute
a contract between You and PingPong (hereinafter: “we” or “us” in these
Terms) and apply to your use of PingPong account during the Promotion
Offer period. These Terms replace any previous version You may have
received or have in your possession.
You acknowledge that you have read, agree with and accept all the terms
and conditions contained in the Terms for the 2022 Celebrating the 7th
Anniversary of PingPong Payment Promotion Offer. You agree that any use by
You of the Service shall constitute your acceptance of the Terms. We may
revise these Terms at any time by posting an updated version on our
website. The revised version will be effective at the time we post it.
Protecting Your privacy is very important to PingPong. PingPong is
regulated under the EU’s General Data Protection Regulation (GDPR) and the
23 NYCRR 500, the New York Department of Financial Services’ cybersecurity
regulations. PingPong cooperates with the Financial Intelligence Unit for
each of the jurisdictions in which it operates and submits financial
transaction reports when requested by the appropriate regulator.
What is the period of 2022 Celebrating the 7th Anniversary of PingPong
Payment Promotion Offer?
The offer is valid for transactions during the period from 18th November
2022 to 31th January 2023.
Eligibility Requirements – Who can avail this offer?
The participant can either be Existing user or a New user who registers
the PingPong account during the offer period. The Participant should click
“Opt-in” button and submit the simple form to participate this promotion.
Any users who did not apply through “Opt-in” process are not eligible for
For which currency accounts this offer is valid?
This offer is valid for the USD, GBP, EURO, JPY, CAD & AUD, MXN, AED
receiving currencies. The equivalent USD amount for the said currencies
will be considered as minimum volume. The relevant foreign exchange rate
shall be determined by PingPong according to exchange rate on the day of
What is the detailed scheme of the offer?
The sellers who meet the minimum volumes during the Promotion Offer period
will be eligible for the reward according to the business volume during
the offer period.
|Category ||Volume of Payments in USD during the promotion period ||Reward |
Less than 50K
Gift voucher – Starbucks Ice Café Americano Tall Size
50K - 100K
SK mobile refueling ticket - KRW 30,000
Food Delivery Voucher – KRW 50,000 (배달의 민족)
250K – 500K
Shinsegae Gift Card – KRW 100,000
500K - 1Mn
Jo Malone Lavender & Moonflower Diffuser
1Mn – 3Mn
BALMUDA The Pot (White)
3Mn – 6Mn
Apple Watch Series 8
LG StanbyME TV
Terms of Prize offered
Each prize is unique for the Volume slab. Each registered user is
eligible for 1 volume categories only. No two volumes category will be
combined for one user.
We shall make reasonable efforts to provide the brands as mentioned in
the Table 1, but does not guarantee that the same brand will be provided
by us. In case of any change, we will make reasonable efforts to provide
a product with similar fair market price determined by PingPong.
Proposed Cash Bonus Plan (Coming soon)
New User only: valid until Dec 31, 2022
Up to USD 1,500 cash bonus for PingPong offline payment transaction
This promotion is only valid for PingPong clients who receive money
from third-party buyers offline directly via PingPong.
Please kindly note that this promotion is inapplicable for such
transaction which originates from e-commerce marketplaces.
For e-commerce sellers: cash bonus plan
*For inquiries regarding this plan, please contact via
The promotional offer is eligible for only those who already applied
opt-in for participating this promotion. Not open for all. Email will be
sent by PingPong Sale team
In case you have any questions regarding the Promotion Offer or these
rules you can contact us via email at
For new and registered users: Any question regarding prize or your
eligibility for a prize should be made within 15 days from the end
date of this campaign.
The decision made by us will be final and binding with respect to the
prizes, and no correspondence, objection, complaints, etc. will be
entertained in this regard.
We will notify winners within 15 days from the end of the Promotion
Offer period (based on PingPong internal records and volume tracking as
detailed), by email, the email address or phone number designated in the
user’s PingPong account. Shortly following the announcement of the
winners, we will send the prizes to the winners according to the records
The winner must inform the correct delivery address when submitting the
Opt-in form with shipping address.
Winners of the Promotion Offer authorizes the posting of his/her name
and picture on PingPong’s Facebook page, PingPong website, PingPong
blog, and on any other medium that PingPong deems appropriate, except
where prohibited by law.
We may, at our sole discretion, disqualify any potential winner, and may
select an alternate winner from among the remaining eligible entries, if
one of the circumstances occurs:
potential winner fails to respond to the first attempted winner
notification within five (5) working days ("Response Time"),
any attempted winner notification is returned as undeliverable, or
potential winner fails to provide any required additional
information or documents requested by us.
Disbursement of Prizes
Prize will be delivered to winners within 60 days from the end date of
the Promotion Offer Period.
The prizes (Gifts) will be subject to availability at the time of
disbursement. In case of non-availability of mentioned Prize, the
closest item with a similar price will be given to the winner to choose.
PingPong will not be liable for any loss, damage, theft, or another
misplacement of the prizes once dispatched to your registered address.
Winners will bear all charges on account of registration, insurance, or
any other government levies in relation to the prizes.
Winners shall also bear any compliance, and third-party claims that may
arise from the prize offered.
Winners are solely responsible for any applicable and unspecified
expenses in conjunction with acceptance/use of a prize, including
federal, provincial, state and local taxes including withholding tax,
Goods and Service Tax or any other taxes applicable directly or
indirectly) now or hereafter levied or imposed by the Government
Authority resulting from this Promotion Offer. All federal,
state/provincial and/or local income and other taxes, if any, are the
winner’s sole responsibility. All winners are responsible for providing
PingPong with all documents and information necessary for PingPong to
comply with any applicable tax laws, and failure to do so within five
(5) days of PingPong’s first request for these may result in
You shall also be responsible for any other compliance that may arise
from the prize offered.
Quality/performance of prizes offered are as per the warranty provided
by the manufacturer of the product and we cannot be held responsible for
the same. We provide the product on the basis of “as it” and you shall
contact the manufacturer of the product directly instead of PingPong.
By participating in the Promotion Offer, you hereby irrevocably and
unconditionally consent to the terms and conditions of the Promotion
Minimum Volume will be calculated by us within 30 days from the end of
the Promotion Offer Period, based on our internal records. You agree to
accept PingPong’s decision as final, and binding and all prizes will be
based on the Minimum Volume as recorded by PingPong.
If it comes to the notice of PingPong that any governmental, statutory,
or regulatory compliances or approvals are required for conducting the
Promotion Offer or if it comes to the notice of PingPong that conduct of
the Promotion Offer or any part of it is prohibited, then PingPong may
withdraw and / or cancel such Promotion Offer without prior notice to
you. You agree not to make any claim in respect of such cancellation or
withdrawal of the Promotion Offer in any manner.
PingPong may, at its sole and absolute discretion, disqualify any
participant from the Promotion Offer if such participant engages in or
is found that to be engaged in any illegal, unlawful or improper conduct
(with regard to any of the Promotion Offer or otherwise).
PingPong reserves the right to withhold or forfeit the benefits of the
Promotion Offer (including any prizes earned by) in the event that it
determines or reasonably believes that participant has violated these
Rules or the standard Terms and Conditions of PingPong.
PingPong reserves the right to change/modify/or withdraw the Promotion
Offer and/or change these Rules without any prior notice of the same, at
its sole discretion.
PingPong does not make any commitment, express or implied, to respond to
any feedback, suggestion and/or queries of the Eligible Customers.
The failure of PingPong to exercise or enforce any right or provision of
these Promotion Offer Rules shall not constitute a waiver of such right
PingPong will interpret these rules and resolve any disputes,
conflicting claims or ambiguities concerning the rules or the Promotion
Offer, and PingPong’s decisions concerning such disputes shall be final.
If the conduct or outcome of the Promotion Offer is affected by human
error, or by any mechanical, technical, electronic, communications,
telephone, computer, hardware or software errors, malfunctions or
failures of any kind, intentional interference, or any event beyond the
control of PingPong, PingPong reserves the right to terminate this
Promotion Offer, or make such other decisions regarding the outcome as
PingPong deems appropriate. All decisions will be made by PingPong and
are final and binding in all respects.
Participation in the promotion is only available to residents in Korea
and the companies registered in Korea.
All information submitted in connection with this Promotion Offer will
The participant needs to continue using PingPong until 28th Feb, 2023.
PingPong can extend the duration of the offer at any time and at its
Waiver of Liability and Agreement to Indemnify
By participating in the Promotion Offer, each participant, its, his, her
or their heirs, successors and assigns thereof releases, discharges and
covenants not to make a claim against PingPong, its subsidiaries and
affiliates, licensees, employees, officers, directors, representatives,
successors and assigns related in any way to the Promotion Offer or the
receipt or use of any prize. Each participant waives and foregoes the
right to seek injunctive relief against anyone related in any way to the
Except where prohibited by any applicable law, participant agrees that:
(1) any and all disputes, claims and causes of action arising out of or
connected with this promotional offer or any prize awarded shall be
resolved individually, without resorting to any form of class action,
lawsuit or arbitration; (2) any and all claims, judgments and awards shall
be limited to actual out-of-pocket costs incurred, including costs
associated with entering this Promotion Offer, but in no event attorneys’
fees; and (3) under no circumstances will participant be permitted to
obtain awards for, and participant hereby waives all rights to claim,
indirect, punitive, incidental and consequential damages and any other
damages, other than for actual out-of-pocket Severability. In the event
that any provision of these Terms and Conditions is determined to be
indefinite, invalid, unlawful, void or otherwise unenforceable, such
provision shall nonetheless be enforceable to the fullest extent permitted
by applicable law, and the unenforceable portion shall be deemed to be
severed from these Terms and Conditions, such determination shall not
affect the validity and enforceability of any other remaining provisions
of the Terms and Conditions.
Any ambiguities in the interpretation of these Terms and Conditions shall
not be construed against the drafting party.
PingPong shall not be liable for any delay or failure to perform resulting
from causes outside its reasonable control, including but not limited to
any failure to perform due to unforeseen circumstances or cause beyond
PingPong’s control such as acts of God, war, terrorism, riots, embargoes,
acts of civil or military authorities, fire, floods, accidents, network
infrastructure failures, strikes, or shortages of transportation
facilities, fuel, energy, labor or materials.