LianLian Global, the number one independent digital payments solution provider in China.
Discover how Thredd partnered with the cross-border trade services provider LianLian Global to deliver fast, efficient, and compliant payment processing solutions to their ecommerce clients.
Use cases
Card issuers
Wallet providers
Travel / FX
Operating regions
APAC
CROSS-BORDER PAYMENTS
Offering advanced card issuing, payments processing, and enhanced security.
The partner.
Founded in 2009, LianLian Global is a flagship brand of LianLian DigiTech, specializing in the financial services sector. The company offers leading cross-border payment solutions to global e-commerce, B2B trade, and service trade businesses, both online and offline. Since its founding, LianLian Global has obtained over 60 payment licenses and qualifications worldwide.
With a diverse client base spanning multiple industries, LianLian Global supports cross-border sellers, suppliers, entrepreneurs, and the companies that assist them in operating on a global scale. The company's primary focus is on facilitating seamless payments to clients' home countries.
In collaboration with industry partners, LianLian Global provides efficient, secure, and cost-effective payment solutions that encompass fund collection, acquisition, payouts, and tax refund assistance.
LianLian Global is committed to strict compliance with international anti-money laundering conventions and global financial bodies' relevant laws and regulations. The company employs established practices to combat financial crime and reduce fraud risk for its clients.
The challenge.
The main challenges facing LianLian Global’s clients are managing international finance regulations, tax compliance, FX fees and associated costs that invariably come from operating on a global scale.
As one of Asia's payments' pioneers, LianLian Global is leading the charge to build a faster, cheaper and more transparent cross-border ecosystem. Their clients expect to be able to choose from a selection of payment methods and a payment experience that is equally fast, seamless, and efficient with the ability to transact across many different currencies.
With all this in mind, LianLian Global approached Thredd to help deliver intuitive and fast payment solutions that could easily navigate the choppy waters of international compliance while keeping costs low for all stakeholders.
With the Thredd partnership, our clients benefit from advanced card issuing, efficient payment processing, and enhanced security. We can [now] support multi-currency and cross-border transactions, allowing businesses to effortlessly manage their international operations.
Tim Shen
Co-CEO - LianLian Global
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The solution.
As a payments processing partner with extensive experience delivering seamless and compliant solutions, Thredd was perfectly placed to support LianLian Global’s ambitions.
The Thredd team has worked to integrate their virtual card issuing and processing capabilities into the LianLian Global proposition, powering their Yueda virtual card. This new solution provides effortless management of their client’s international operations with the speed, security, transparency and simplicity of global fund transfers via card payment rails.
Thanks to Thredd’s support, LianLian Global has eliminated unnecessary complexity and risk for its clients’ mission-critical financial tech and compliance issues.
The payoff.
LianLian Global is already the number one independent digital payments solution provider in China, having served over 320 million cross-border companies and through the Thredd partnership can now focus on their international expansion plans.
Commenting on the winning collaboration, Tim Shen, Co-CEO stated: "As businesses increasingly operate on a global scale, the demand for seamless, efficient, and secure payment solutions has never been greater. Our collaboration with Thredd is a testament to our commitment to meeting these evolving needs."
He added: “With the Thredd partnership, our clients benefit from advanced card issuing, efficient payment processing, and enhanced security. We can [now] support multi-currency and cross-border transactions, allowing businesses to effortlessly manage their international operations.”
