Deepening commitment to Indonesia through top-tier, secure cross-border payment solutions
JAKARTA, Indonesia, Aug. 30, 2023 /PRNewswire/ — The Indonesia SME Summit & Expo 2023 (ISSE 2023), happening now between August 29-31 at the Indonesia Convention Exhibition (ICE) convenes giants like TikTok, Shopee, and Lazada. Alongside them, key players in FinTech, logistics and SaaS, will delve into emerging trends shaping Indonesia’s digital economy.
LianLian DigiTech’s Indonesian team participated in the event as a top cross-border trade facilitator for numerous Indonesian e-commerce platforms. During the event, LianLian Global will share its unique products and cutting-edge solutions tailored to bolster Chinese companies as they expand globally as well as to serve the local Indonesian merchants in their digital evolution.
Indonesia’s GDP has consistently grown by 5% over the past decade, cementing its status as one of the world’s fastest-growing major economies. The nation has become an investment destination of choice for cross-border merchants, international trade businesses, and FinTech ventures seeking opportunities in Southeast Asia.
Given its importance, LianLian Global has recently increased its presence in Indonesia. The team has established an office and assembled a strong local team to serve and understand the local better. At the same time, LianLian secured the local license to operate as a payment service provider. With such capabilities, the Company can more effectively offer both domestic transfers and cross-border remittance/payment services to merchants and consumers locally. This promises a more secure, faster and more convenient payment experience for users in Indonesia and the broader Southeast Asian region.
Also, with the continued roll out of the Regional Comprehensive Economic Partnership (RCEP), the Indonesian market is demonstrating its vast growth potential and strategic significance to the region. LianLian’s ongoing investments in the region underline the Company’s commitment to sustained growth in Southeast Asia and its broader global expansion strategy.
As global economies become more intertwined, LianLian aims to fast-track its worldwide market expansion. LianLian’s tailored, localized solutions continually seek to empower businesses branching out internationally to capitalize on opportunities and navigate the intensifying competition in global markets.