TenPay Global has announced its partnership with TerraPay in order to enable secure and fast international money transfers to Weixin and WeChat customers. Throughout this initiative, the collaboration is expected to enable international transfers directly to Weixin Pay users and customers in the region of China, aiming to accelerate TerraPay's commitment to delivering fast, secure, and efficient remittance solutions.

In addition, both TenPay Global and TerraPay will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the local industry as well. More insights on the Tenpay Global x TerraPay partnership For multiple clients and individuals with family and friends in China, the process of sending money can have challenges such as lengthy processing times or limited access to digital payment methods. Throughout this strategic deal, the companies will focus on addressing these difficulties, providing a fast, secure, and user-friendly solution for multiple global users who are looking to connect with their loved ones in a safe digital payment ecosystem.

At the same time, the integration will allow TerraPay’s clients to enable their users to send money directly to several Weixin and WeChat customers in the region of China, which will have the possibility to benefit from a faster and more reliable cross-border transaction experience. The collaboration is set to also optimise the convenience of digital payments, while also ensuring an improved experience for clients. TerraPay has also collaborated with 5 wallet operators in order to form an Interoperability Council.

This process took place to enable participating wallets to interconnect and interoperate for multiple cross-border transaction types, including remittances and merchant payments. For more information about TerraPay, please check out their detailed profile in our dedicated, industry-specific Company Database. Source: Link .