Weixin Pay remittances expand via Mastercard Move and TenPay Global

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TenPay Global – Tencent’s cross-border payment platform – and Mastercard Move – Mastercard’s money movement business – announced a collaboration to support digital remittances into the Chinese Mainland. The integration aims to route transfers directly to Weixin Pay Wallet Balance or linked bank cards within Weixin Pay. The companies position the effort as a way to make cross-border transfers fast, secure and transparent through Mastercard’s money movement capabilities. The news lands amid rising international travel, global commerce and overseas employment, all of which continue to drive cross-border money flows.

What changes for users

The partnership focuses on simplifying inbound transfers to the Weixin ecosystem in China. Through Mastercard Move, the companies say eligible senders worldwide will be able to fund Weixin Pay accounts in two ways.

• Destination options – transfers to Weixin Pay Wallet Balance or to bank cards linked to Weixin Pay
• Coverage – remittances into the Chinese Mainland via Weixin Pay
• Use cases – includes sending salaries and family support, per the official announcement

Scale and reach

Mastercard Move reports a global footprint that today reaches nearly 10 billion endpoints across bank accounts, cards, wallets and cash payout locations. By linking to Weixin Pay, the collaboration extends that reach to over 1.4 billion Weixin and WeChat users. The broader Move portfolio covers more than 200 countries and territories and supports 150+ currencies, with access to more than 95% of the world’s banked population.

Context: rising remittance demand

According to the World Bank, personal remittances received by China totaled US$31.41 billion in 2024. With international travel and employment trends pushing more money across borders, the companies frame this integration as a way to streamline inflows into everyday financial apps used in China.

At a glance: collaboration snapshot

Key facts from the official announcement are summarized below for quick reference.

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What the companies said

Executives highlighted wallet-native access and cross-border connectivity as priorities.

“Across Asia Pacific, digital wallets are already an integral part of everyday life. With this collaboration, recipients gain fast, secure and transparent access to funds right where they already pay. It’s exactly how we’re driving payments modernization across the region together with our partners: embedding financial services into everyday life, expanding access, and empowering people and organizations to thrive in today’s digitally connected economy,” said Anouska Ladds, Executive Vice President, Commercial New Payment Flows, Asia Pacific, Mastercard.

“We are committed to helping users stay connected wherever they are. Together with Mastercard, we are unlocking new opportunities and greater convenience for people around the world to send money back home. This marks another step forward in supporting the growing money transfer needs of a globally connected user base, ensuring funds arrive swiftly and safely in an everyday platform they trust. We will continue to build solutions that foster cross-border connectivity and create meaningful value for both senders and recipients,” said Wenhui Yang, CEO of TenPay Global (Singapore).

Bottom line – a wider on-ramp into Weixin Pay

For anyone moving money into China – whether for salaries or family support – the TenPay Global and Mastercard Move link-up creates another direct pathway into Weixin Pay. The practical takeaway is simpler routing to a wallet and bank cards many recipients already use, underpinned by Mastercard’s established money movement rails.