Mastercard, TenPay Global to facilitate digital remittances to Weixin Pay

1 month ago 15

Tencent’s cross-border outgo level TenPay Global and Mastercard Move, the wealth question part of Mastercard, person entered into a concern aimed astatine enabling transparent and speedy integer remittances to Weixin Pay, the mobile outgo level wrong China’s Weixin ecosystem.

Users worldwide who are eligible volition beryllium capable to transportation funds specified arsenic salaries and household enactment to Weixin Pay Wallet Balances oregon to slope cards connected with Weixin Pay directly, via Mastercard Move network.

The concern links Mastercard Move’s planetary wealth transportation web with Weixin’s important idiosyncratic base.

This integration is intended to make a “seamless pathway” for cross-border transactions into mainland China.

TenPay Global (Singapore) CEO Wenhui Yang said: “We are committed to helping users enactment connected wherever they are. Together with Mastercard, we are unlocking caller opportunities and greater convenience for radical astir the satellite to nonstop wealth backmost home.

“This marks different measurement guardant successful supporting the increasing wealth transportation needs of a globally connected idiosyncratic base, ensuring funds get swiftly and safely successful an mundane level they trust. We volition proceed to physique solutions that foster cross-border connectivity and make meaningful worth for some senders and recipients.”

Mastercard Move presently connects to astir 10 cardinal endpoints globally, including slope accounts, wallets, cards, and currency payout locations.

With this partnership, the work volition present beryllium accessible to much than 1.4 cardinal users of Weixin and WeChat.

Mastercard Move offers accelerated wealth transportation options for banks, non-bank fiscal institutions, and their clients, some wrong countries and crossed borders.

Mastercard Asia Pacific commercialized caller outgo flows enforcement vice president Anouska Ladds said: “Across Asia Pacific, integer wallets are already an integral portion of mundane life. With this collaboration, recipients summation fast, unafraid and transparent entree to funds close wherever they already pay.

“It’s precisely however we’re driving payments modernisation crossed the portion unneurotic with our partners: embedding fiscal services into mundane life, expanding access, and empowering radical and organisations to thrive successful today’s digitally connected economy.”

TenPay Global, by integrating the Weixin ecosystem, planetary outgo partners and planetary users, delivers broad outgo solutions for cross-border remittances, commerce, and consumption.

In October 2025, Mastercard unveiled enhancements to its commercialized outgo offering.

"Mastercard, TenPay Global to facilitate integer remittances to Weixin Pay" was primitively created and published by Electronic Payments International, a GlobalData owned brand.

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