Klasha, a leading international cross-border payment company, on Thursday announced its partnership with LianLian Global, a well-known payment provider in Asia, to simplify cross-border payments between Asia and Africa.
This collaboration allows Asian businesses to tap into Africa’s growing market by providing a reliable payment infrastructure tailored to the unique needs of both regions. The partnership enables Asian companies to collect payments from African clients in local currencies, a significant advantage for businesses seeking to expand in Africa.
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Streamlining of payments between Asia and Africa through Klasha-LianLian Global Partnership
Using Klasha’s cutting-edge platform and API, Asian companies can now collect payments from African clients in local currencies, which is a crucial advantage of this partnership.
With the help of LianLian Global’s services, merchants may now get paid in the currencies of their choice and accept payments in a variety of African currencies and ways.
This smooth integration streamlines payment and guarantees that companies are in a good position to provide African customers with a localised payment experience, given that transaction charges and foreign exchange complications were already eliminated.
Jessica Anuna, CEO of Klasha, expressed her enthusiasm for the partnership stating, “This collaboration with LianLian Global is an important milestone as we continue to enable frictionless trade between Africa and the rest of the world. We are excited to provide Asian businesses with the tools they need to expand into the African market, ensuring that local currency collections and fast payouts are no longer barriers to cross-border commerce.”
Klasha and Lianlian Global combined strengths to pave way for Asian companies
Klasha and LianLian Global’s combined efforts will allow companies throughout Asia to fully capitalise on Africa’s growing digital economy, which is expected to reach a valuation of over $712 billion by 2025.
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When combined, they will help businesses satisfy the demands of a varied and expanding clientele while navigating the challenges of cross-border transactions with ease.
Michele Fung, General Manager of Lian Lian Global, added, “We are excited to partner with Klasha to enable businesses across Asia and Africa. Our joint effort simplifies Asia-Africa trade and enables merchants to expand their footprint into Africa’s dynamic market. Together, we’re breaking down barriers to trade and offering real, tangible solutions for international growth.”
“At Klasha, we understand the unique challenges and opportunities of connecting Asia’s vibrant markets with Africa’s fast-growing economy. This partnership with LianLian Global empowers businesses in Asia to simplify their payment processes and accelerate their growth in Africa, a region full of untapped potential. By localising payments and eliminating barriers like currency conversion complexities, we’re ensuring that Asian businesses can confidently expand their reach and thrive across the continent,” said Justin Fan, Klasha’s Managing Director, Asia Operations.