Lianlian International Officially Accesses TikTok Shop’s All-site Payment Service In Southeast Asia

Lianlian International has officially provided payment collection services on TikTok Shop’s Southeast Asian sites. The company had previously accessed payment collection services on TikTok Shop’s UK, Saudi Arabia and other sites in July.

TikTok has experienced strong growth overseas in recent years and has become one of the most popular social applications in the world. Thanks to its huge user traffic and high marketing return rate, TikTok has attracted the attention of a large number of cross-border sellers and has quickly become an important new channel for cross-border e-commerce.

At the same time, TikTok is also accelerating the layout of its e-commerce business and launching products such as TikTok Shop and TikTok World to help sellers better complete e-commerce sales on TikTok. In 2021, TikTok Shop was launched in Indonesia and the United Kingdom, and at the end of the same year, the TikTok Shop UK station was officially opened to cross-border e-commerce sellers. In 2022, TikTok Shop will further open up new markets in Southeast Asia, adding five new sites in Malaysia, Thailand, Vietnam, Philippines, and Singapore, and entering a new stage of "selling globally with one store" together with merchants.

With the gradual opening of TikTok Shop and the continued popularity of cross-border e-commerce, more sellers have begun to open stores on the TikTok Shop platform. However, for these cross-border sellers who have settled in TikTok Shop, they, like other overseas companies, have diversified financial service needs. For example, in terms of cross-border collection, they need to consider costs, capital withdrawal risks, and collection and payment cycles. question.

To this end, the relevant person in charge of Lianlian Global said that after the company is connected to the TikTok Shop for full-site payment collection, it can rely on its professional cross-border service advantages to provide more comprehensive, high-quality, and safe collection services for cross-border sellers settled in TikTok Shop. Payment services help these sellers connect traffic from multiple countries, expand new business growth points, and unlock global business opportunities.

According to data, Lianlian Global, as the core brand of Lianlian Digital, has been focusing on the core needs of cross-border e-commerce sellers for many years, and has worked with qualified partners to create a collection of "cross-border collection, global acquiring, fund distribution, "Exchange Service" is an integrated one-stop cross-border trade service solution to meet the diverse needs of different sellers. In addition, Lianlian Global can also use its brand, technology, channels and other advantages to help cross-border sellers reduce cross-border collection costs and improve capital operation efficiency.

According to data from Yibang Think Tank's "2022 Cross-border E-commerce Financial Services Report", Lianlian Global is the most commonly used third-party payment tool by cross-border sellers, with the highest market share and ranking first in the market.

Under the wave of digital economic globalization, a large number of sellers are seizing the opportunity and entering the cross-border e-commerce track. As a growth partner for overseas enterprises, Lianlian Global will continue to innovate around sellers' needs and industry pain points, continuously upgrade and enrich products and services, and work with more high-quality partners to help more cross-border sellers ride the waves in the digital era.