LONDON, July 10,
2024 /PRNewswire/ -- Thunes, a global money
movement innovator, today welcomes LianLian Global, a
leading Chinese e-commerce cross-border payment service provider,
to the Thunes Global Network.
The Chinese payment company is offering a new solution, the
LianLian Global Payout Service (LGPS), that leverages Thunes' fully
compliant payment network to facilitate payouts to digital wallets
and bank accounts in over 130 countries. This collaboration
demonstrates Thunes' commitment to support the growth of Chinese
e-commerce and simplify cross-border payments internationally.
LGPS addresses the challenges of traditional cross-border
payments, such as high costs, slow processing times and complex
procedures. By joining the Thunes Global Network, LianLian Global
offers a transparent, efficient, real-time and secure payment
solution for cross-border payment service providers (PSPs), banks
and other licensed financial institutions.
Thanks to this partnership, over 1 million Chinese businesses
will be able to send payments to over 3 billion digital wallet
accounts and 4 billion bank accounts in over 130 countries in more
than 80 currencies.
Floris de Kort, CEO of
Thunes, said, "We welcome LianLian Global to the Thunes Global
Network with direct, real-time connectivity to 3 billion digital
wallets and 4 billion bank accounts around the world. LianLian
Global is a highly respected leader in cross-border e-Commerce, and
we are happy to partner with them to provide the fastest, most
transparent and fully compliant global payment solutions in the
industry to 1 million merchants in China."
Shen Enguang, co-CEO of LianLian Global, added, "We
are committed to building a digital payment network that helps
enterprises expand globally. As we launch LianLian Global Payout
Service with the support of our trusted partner, Thunes, we aim to
enhance cross-border payment efficiency and create new
opportunities in international trade, particularly supporting the
dynamic growth of Chinese businesses in the global market."
Contact:
Laura King,
thunes@headlandconsultancy.com, +44 (0)78 1032 9390;
Rebecca Hackworth, Corporate Communications, Thunes,
rebecca.hackworth@thunes.com
About Thunes:
Thunes is a global payment innovator enabling businesses to move
money in real-time and in full transparency. We empower our
customers to pay and get paid by anyone, anywhere, and however they
prefer, closing the gap between payment systems worldwide. With
Thunes, large, medium and small companies can Accept cards, bank
transfers and 330 alternative payment methods, and Pay over 3
billion mobile wallets and over 4 billion bank accounts.
Thunes facilitates payments in more than 80 currencies across
130 countries, using local payment methods, including 120 mobile
wallets like PayPal, M-Pesa and Airtel, for gig economy giants like
Uber and Deliveroo, super-apps like Grab and WeChat, IMTOs,
Fintechs, PSPs and banks. Headquartered in Singapore, Thunes has a presence in 13
locations, including Barcelona,
Beijing, Dubai, London, Manila, Nairobi, Paris, San
Francisco and Sao
Paulo.
Thunes puts money in motion. For more information,
visit: https://www.thunes.com/
About LianLian Global:
LianLian Global, as a core brand of Lianlian Digitech, is a
comprehensive and innovative enterprise in cross-border finance and
services in China. With strong
compliance strength and technological innovation capabilities,
LianLian Global has built a global financial network to reach the
world and a trade service network to cover the entire life cycle of
merchants.
Focusing on the core needs of cross-border enterprises, LianLian
Global, together with industry eco-partners, has created a one-stop
cross-border trade service platform that integrates store opening
assistance, global funds collection, global acquiring, global
payout, LianLian FX1, LianLian financing service
platform2, tax refund assistance and other services to
help Chinese brands expand their overseas markets.
[1] The exchange rate of LianLian Global FX business is provided
by partner banks.
[2] The financing products and corresponding contents displayed
on the LianLian financing service platform are provided by relevant
licensed institutions.
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