BEIJING, May 13 (Xinhua) -- Lianlian Yintong Electronic Payment Co., Ltd. (Lianlian Pay), a third-party payment service provider in China, has obtained nearly 30 overseas financial payment licenses, Securities Daily quoted a source with the company as saying.
Lianlian Pay has become an independent third-party payment institution with the largest number of overseas licenses, said the company's vice president Lv Weiyan at the 2nd 2019 China OutrunBrand Value Forum held in Hangzhou of east China's Zhejiang Province on May 10.
Data showed that Lianlian Pay was founded in 2003 as a professional third-party payment institution, whose business covers nationwide Internet payment and mobile phone payment services.
In November 2013, Lianlian Pay started cross-border RMB business in cooperation with Yiwu Branch of Bank of China, and its transaction size of cross-border payment business is in the leading position in China. (Edited by Gu Shanshan)
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