First Global, LianLian finish 1st phase of beta testing

Alpha Stox May 17, 2017 Comments Off
First Global, LianLian finish 1st phase of beta testing

Mr. Andre Itwaru reports

FIRST GLOBAL AND LIANLIAN PAY COMPLETE FIRST PHASE OF BETA TESTING ON THE WECHAT PLATFORM

First Global Data Ltd. is providing an update on its social messaging payments and remittance initiative with LianLian Pay on the WeChat social messaging platform pursuant to press releases dated April 19 and April 27, 2017.

The initial phase enables users in the United States on the WeChat platform to send money to friends and family in China. The company believes that this is the world’s first social messaging multi-integrated remittance platform whereby social converges on financial technology in the flow of cross-border money.

First Global is pleased to announce that the first phase of beta end-to-end testing has been completed and was very successful.

“This is a new service which we believe has never been delivered anywhere in the world in the past. The solution has multiple interconnections and integrations combining to create an end-to-end seamless transaction in the flow of cross-border money remittance and serves to showcase First Global’s cutting-edge technology. We are very pleased with the progress made during this initial beta testing phase and look forward to launching service in the near future,” said Andre Itwaru, First Global’s chairman and chief executive officer.

About First Global Data Ltd.

First Global is an international financial services technology company. The company’s two main lines of business are mobile payments and cross-border payments. First Global’s proprietary leading-edge technology enables the convergence of compliant domestic and cross-border payments, shopping, peer-to-peer (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.

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