LianLian International, the parent brand of LianLian Numbers (02598.HK), has officially launched LianLian Global Payout Service (LGPS), a global payment service that will provide cross-border payment services to payment service providers (PSPs), banks, and other licensed financial institutions through LianLian's global payment network, aiming to break down international payment barriers and achieve faster, more stable, and more secure circulation of funds. After accessing the LGPS product, overseas PSPs, banks, and other financial institutions only need to use a unified API interface to make payments to China and many other parts of the world.
LianLian International has also reached a strategic partnership with Thunes, a global B2B payment infrastructure platform, which is expected to further enhance the global payment capabilities of LianLian International and Thunes through the coverage of both networks.