Home Future payments Forges a unique bond between China and the rest of the world

Forges a unique bond between China and the rest of the world

0

SINGAPORE and BEIJING, November 22, 2022 /PRNewswire/ — Coinsa global cross-border payments network, today announced its partnership with Tencent Financial Technology, the fintech arm of Tencent, becomes the first payment infrastructure partner to connect to it. This collaboration will allow members of Thunes’ global network to send international payments to Weixin users, giving them quick and easy access to the Chinese market.

Weixin, with its international version known as WeChat, facilitates one of China most popular payment methods Pay Weixinwith the majority of Weixin and WeChat’s 1.3 billion users concentrated in China. Now, existing members and new members of the Thunes global network can send payments to Weixin users by Chinacreating additional income opportunities for them: from a Chinese engineer in East Africa who are looking to send money to family back home, to young professionals working in the United States who want to transfer money to their parents in China. partnership of Thunes with Tencent Financial technology will speed up and simplify payments from all over the world.

China is now considered a global leader in digital payments and payment innovation, and mobile payments are at the forefront of evolution. We are excited to bring the ability to connect our global customers to Weixin’s huge consumer base, creating tremendous opportunities for service enhancements and revenue generation for all members of our ecosystem,” said Daphne HuangSVP APAC, Thunes.

Wenhui YangGeneral director, Tencent Asia-Pacific FinTech, said, “We are always looking for better ways to serve our users, so it is only natural for us to partner with a global network like Thunes, which makes it easier and cheaper for Weixin users to receive money. worldwide. This decision reinforces the seamless payment experience, and we are working to make cross-border transfers as easy as sending a message.”

The news follows Announcement of Thunes of plans to intensify partnerships and accelerate its expansion earlier this year. This collaboration not only brings the two companies closer to the future of payment without borders, but it also opens up new possibilities for product innovation and service improvement for Thunes’ customers – Fintech players, financial institutions, neobanks and suppliers. portfolios around the world.

For more information, visit www.thunes.com

SOURCE Thunes