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LianLian global’s payment service goes live on Thunes Global Network

By Gloria Mathias

July 11, 2024

  • account numbers
  • China FinTech
  • Chinese eCommerce Payments

Smartcash PSB, Thunes, mobile wallets, naira, Central Bank of Nigeria, account numbers, remittances naira, digital wallets, FinTech news, FinTech Africa, Lian Lian Global, Chinese eCommerce Payments, Cross border Payments, Fintech Solutions, Money Movements, Thunes, a global money movement innovator, has onboarded LianLian Global, a Chinese eCommerce 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 eCommerce 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.

With 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.

“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 eCommerce, 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,” shared Floris de Kort, CEO of Thunes.

Shen Enguang, co-CEO of LianLian Global, said, “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.”

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