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TENCENT's TenPay Global, Mastercard Move Reach Cross-border Remittance Co-op
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TENCENT (00700.HK)'s cross-border payment platform, TenPay Global, and Mastercard Move, Mastercard's money movement business, collaborated to facilitate fast, secure and transparent digital remittances directly to Weixin Pay, according to TENCENT's announcement. Through Mastercard Move, Mastercard's portfolio of money movement capabilities, eligible senders will be able to send salaries and family support directly to Weixin Pay Wallet Balance or linked bank cards in Weixin Pay. Today, Mastercard Move reaches nearly 10 billion endpoints worldwide, including bank accounts, card, wallet, and cash payout locations. AASTOCKS Financial News Website: www.aastocks.com |
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