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LianLian Taps PayPal and Venmo to Speed Up Cross-Border Payouts

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LianLian Taps PayPal and Venmo to Speed Up Cross-Border Payouts

Cross-border payments firm LianLian Global’s social commerce, marketplace and eCommerce clients can now send payouts to PayPal accounts globally and Venmo accounts in the United States, the company said in a Thursday (Oct. 22) press release.

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The capabilities are enabled by LianLian Global’s new partnership with PayPal and are powered by PayPal Payouts, according to the release.

LianLian Global’s clients can use these capabilities to send fast, low-friction payouts to creators, influencers, developers and independent contractors, the release said.

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The new offerings include Pay to PayPal, which enables LianLian Global clients to send payouts to PayPal accounts in 96 countries, using only the recipient’s email or phone number; Pay to Venmo, which lets them send U.S. domestic payouts to Venmo accounts; and PayPal Payouts for Platforms, which lets them send mass disbursements, per the release.

Each of the options eliminates the need for senders to use checks and postage as well as the need to collect routing number and bank account information when paying creators, influencers and independent sellers, according to the release.

S. at LianLian Global, said in the release.



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