At present, Lianlian Payment has provided secure payment solutions for most merchants, including 360, SouFun, Fair, and 500 lottery tickets. On October 20 1 13 10, Lianlian Payment cooperated with Yiwu Branch of Bank of China to carry out cross-border RMB receipts and payments business, and presented its cross-border business products-global remittance and global payment to the public at China International E-Commerce Expo on April 20 14.
Global remittance: mainly providing foreign currency settlement and foreign exchange purchase services. Currently all 14 settlement currencies are supported. In addition to mainstream international currencies such as the United States, Britain, Japan and Canada, it also supports foreign currency settlement in small currencies such as Thai baht and Taiwan dollar, effectively solving the problem of capital exchange for domestic and foreign merchants, especially those in Southeast Asia. In addition, GSM can also solve the problem of personal limit of $50,000 (transaction background is needed) and provide good service support for small and medium sellers of cross-border e-commerce. At present, it is in a leading position among similar products in the foreign exchange market.
Global payment: In addition to supporting international common foreign card payment channels such as VISA, MASTERCARD and JCB, it also cooperates with local payment companies such as QIWI and Ebanx in countries with close economic and trade development in China, such as Russia and Brazil. Effectively improve the success rate of overseas payment, help China enterprises to expand overseas markets, and realize global fund collection.
With global remittance and global payment as the foreign exchange business support system, and with the domestic RMB cashier service, we have completed the fund processing processes such as payment, purchase of foreign exchange, payment of foreign exchange and customs declaration, and provided a one-stop fund solution for domestic and foreign merchants in China market. At present, it has established close cooperative relations with European OTA Group, cross-border e-commerce and other benchmarking businesses, and achieved business growth in China, winning wide acclaim.