Business
TenPay Global and Mastercard collaborate to enable fast and secure remittances to Weixin Pay
TenPay Global, Tencent's cross-border payment platform, and Mastercard Move, Mastercard's money movement business, have announced a collaboration to facilitate fast, secure and transparent digital remittances directly to Weixin Pay, a leading mobile payment service within the Weixin ecosystem in China. Through Mastercard Move, Mastercard's portfolio of money movement capabilities, eligible senders around the world will be able to send salaries and family support directly to Weixin Pay Wallet Bal
About this update from Mastercard Incorporated
[{"type":"text","content":"SINGAPORE, Dec. 8, 2025 /PRNewswire/ -- TenPay Global, Tencent's cross-border payment platform, and Mastercard Move, Mastercard's money movement business, have announced a collaboration to facilitate fast, secure and transparent digital remittances directly to Weixin Pay, a leading mobile payment service within the Weixin ecosystem in China. Through Mastercard Move, Mastercard's portfolio of money movement capabilities, eligible senders around the world will be able to send salaries and family support directly to Weixin Pay Wallet Balance or linked bank cards in Weixin Pay.","length":592,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/040d4726d0cad12a6ba49db8bb7265e3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9TrdqYdWhNAfGsIP6LzL1g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/040d4726d0cad12a6ba49db8bb7265e3","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2839311/image_5024237_27129242.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"According to the World Bank, personal remittances received by China were about US $31.41 billion in 2024. With the steady rise in international travel, global commerce, and overseas employment, the demand for fast, secure and convenient cross-border money transfers continues to accelerate. By connecting Mastercard Move's trusted global network and innovative money movement capabilities with Weixin's extensive user base and ecosystem, this collaboration creates a seamless pathway for global cross-border money movement into the Chinese Mainland.","length":557,"tagName":"p"},{"type":"text","content":""Across Asia Pacific, digital wallets are already an integral part of everyday life. With this collaboration, recipients gain fast, secure and transparent access to funds right where they already pay. It's exactly how we're driving payments modernization across the region together with our partners: embedding financial services into everyday life, expanding access, and empowering people and organizations to thrive in today's digitally connected economy," said Anouska Ladds, Executive Vice Presi...