Tencent Financial Technology Introduces Tenpay Global Brand, Launching New Inbound Remittance Capabilities to Facilitate Money Transfers to China

TechCrunch

“Tencent Financial Technology, Tencent’s fintech arm, is pleased to introduce Tenpay Global, a new international brand for its cross-border payment business. It is also unveiling new inbound remittance capabilities to Weixin to facilitate easy money transfers to China. The Tenpay Global brand consolidates a suite of business and consumer cross-border payment products and solutions to serve different customer segments, including e-commerce platforms, global corporate and individual customers, as well as customers seeking personal remittance services. Tenpay Global Remittance Services is an innovative remittance solution that enables global fintech institutions to connect with Weixin’s open ecosystem by leveraging simple APIs and powerful global fund process capabilities.”