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Thunes Launches Instant Payouts to 1Bn + Weixin Users: Forges Unique Link Between China and the Rest of World

PR Newswire

“Thunes, a global cross-border payments network, announced that it has partnered with Tencent Financial Technology, Tencent’s fintech arm, becoming the first payment infrastructure partner connecting with it. This collaboration will allow members of Thunes’ global network to send international payments to Weixin users, giving them fast and easy access to the Chinese market. Weixin, with its international version known as WeChat, facilitates one of China’s most popular payment methods Weixin Pay, with the majority of Weixin and WeChat’s 1.3 Billion users concentrated in China. Now existing and new members of Thunes’ global network can send payments to Weixin users in China, creating additional revenue opportunities for them: from a Chinese engineer in East Africa looking to send money to family back home, to young professionals working in the US wanting to transfer money to their parents in China. Thunes’ partnership with Tencent Financial Technology will make it quicker and simpler to make payments from around the world.”