Ripple Partners with Chinese Payment Provider LianLian International – Largest e-Commerce Market!

http://www.ThinkingCrypto.com LianLian International — a leading Chinese money service company licensed in Hong Kong with 150 million registered users in the region — has joined RippleNet to receive real-time, cross-border remittances, invoice payments and e-commerce payments.

Their clients include E-Commerce marketplaces, Remittance service providers and Payment companies. LianLian is partnered with PayPal, Apple and marketplaces they are associated with are Amazon, Aliexpress, eBay, Newegg, and price minister.

The Chinese e-commerce market totaled $672 billion in 2017 — the largest contributor to the $4 trillion global e-commerce market — and cross-border e-commerce transactions into the country are projected to reach $1.32 trillion in 2018.

LianLian will use xCurrent — Ripple’s settlement solution that offers end-to-end tracking — to power cross-border transactions between China, the U.S., and Europe.

LianLian joins Ripple’s existing network of more than 100 financial institutions to provide faster, cheaper, and frictionless cross-border payment solutions to its customers.

Reminder that the more companies Ripple gets to use xCurrent, the greater the opportunity to get them to get them to use xRapid which XRP runs on.

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Ripple Partners with Chinese Payment Provider LianLian International – Largest e-Commerce Market!

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