All Press Releases for October 27, 2018

LianLian Pay Announced the Global Layout Strategy at Money20/20 Fintech Summit

Upgraded service brought to more than 300,000 merchants globally with 16 main settlement currencies covered

    LAS VEGAS, NV, October 27, 2018 /24-7PressRelease/ -- October 21 to 24, the world's top Fintech Money20/20 Summit was held in Las Vegas, United States. Lianlian Pay, together with other industry giants including Google, PayPal, MasterCard, was invited to attend the Summit to share global Fintech innovation and insights.

Arthur Zhu, the President of LianLian Group, and Melissa Guzy, the co-founder of Arbor Ventures had a 20-minute fireside chat on October 21.

Arthur shared LianLian Pay's innovations and insights on competition of mobile payment industry in China, LianLian Pay's global layout strategy, and how LianLian Pay's products and revolutionary service has leveraged clients' cross-border e-commerce business. The discussion aroused strong repercussions among the guests. Other Asian financial technology giants including Ant Financial Services Group and WeChat Pay also had their fireside chat session separately.

At the Summit, LianLian Pay also brought cross-border e-commerce merchants from China to the Summit and helped the merchants' brands go global. In past few years, LianLian Pay has served more than 300,000 cross-border e-commerce merchants through cooperating with many well-known financial institutions and e-commerce platforms around the world.

The product of LianLian Pay cross-border payment collection supports multiple global leading e-commerce platforms including Amazon, eBay, and Wish covering 16 main settlement currencies worldwide. In order to enhance user experience, LianLian Pay also launched a cross-border collection tool on WeChat Mini program platform. Meanwhile, with the help of the service, merchants can get their money from worldwide e-commerce platforms within 2 seconds. LianLian Pay is the very first and the only company can provide such excellent customer experience in China.

Recently, the parent company of LianLian Pay raised ¥ 5 billion to fund the global expansion. In the next 3 years, LianLian Pay will invest ¥ 3 billion in supporting 1 million cross-border e-commerce merchants and building a global cross-border e-commerce service platform.

As the biggest payment and financial service innovation conference, LianLian Pay has joined Money 20/20 for years since its debut in Copenhagen, Denmark in 2016.

On November 14 2018, Money20/20 will be held in Hangzhou, China, which is the very first time that it lands on the world's largest Fintech market. The world's most innovative business leaders in Fintech industry will gather in Hangzhou again to carry on conversation on the new financial eco-system.

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Shen Yu
LianLian Pay
Hangzhou, Zhejiang
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