LianLian Global launches cross-border e-wallet

Monday 27 June 2022 14:14 CET | News

LianLian Global, a global cross-border payment service provider, has announced the launch of its multi-currency Cross-Border Wallet after securing licenses to operate in USA.

The company’s solution allows US businesses to make and receive payments or convert USD to certain regional currencies quickly and compliantly. The introduction of LianLian Global’s Cross-Border Wallet eliminates the bureaucratic burden of facilitating payments between Western businesses, customers and suppliers in China and other emerging markets worldwide.

LianLian Global allows ecommerce customers to make payments up to USD 1.5 million at a time. Additionally, the wallet can hold multiple currencies.

Customers can use LianLian Global’sCross-Border Wallet without committing to an annual fee or (in certain countries, including the US, UK, and China) paying to open an account or receive payments. Instead, LianLian Global charges a fixed 0.5% rate for FX conversion, with more competitive rates available to high-volume customers.

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Keywords: cross-border payments, e-wallet, ecommerce, fintech
Categories: Banking & Fintech
Companies: LianLian Global
Countries: United States
This article is part of category

Banking & Fintech

LianLian Global

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