LianLian Global has partnered with UnionPay International to improve the ease and efficiency of cross-border money transfers.  

This collaboration is aimed at providing customers with a streamlined remittance experience for transferring funds into Mainland China. 

Furthermore, the collaboration will extend to the realm of B2B payments, concentrating on services such as merchant acquisition, virtual card issuance, and e-commerce payment collections.  

These efforts are aimed at supporting the expansion of Chinese merchants into global markets and improving the integration of payment services between Hong Kong and Mainland China. 

LianLian Global, an offshoot of the Lianlian DigiTech group listed in Hong Kong, has been developing a variety of cross-border payment solutions to meet the diverse needs of its clientele.  

The company’s offerings include international payouts, merchant services, global disbursements, and foreign exchange services, targeting cross-border e-commerce sellers, platforms, exporters, and educational service providers. 

LianLian Global has established a customer base of approximately 7.9 million users worldwide. 

Having made its foray into the Hong Kong market in 2016 and obtaining an MSO license in 2017, LianLian Global has since been providing cross-border collection, acquiring, and remittance services through its subsidiary in the region, catering to both local and multinational Chinese businesses. 

In June, LianLian Global partnered with South African fintech firm BVNK to bring stablecoin payment options to its network, aiming to assist merchants across more than 100 countries in leveraging stablecoins for cross-border transactions. 

UnionPay’s global reach is notable, with its cards accepted in 183 countries and regions and issued in 84 markets.  

The MoneyExpress service is known for its swift and reliable cross-border remittance solutions, now accessible in over 57 key countries and regions.