Western Union (WU) & Tencent Partner to Expand Digital Reach
WUWestern Union(WU) ZACKS·2024-06-06 02:55

The Western Union Company (WU) recently announced its collaboration with Tencent Financial Technology. The company’s partnership with Tenpay Global, the cross-border payment platform of Tencent's renowned Weixin, is aimed at providing flexibility for WU users to transfer money to China directly through Weixin Pay wallets. Customers can remit up to $5,000 per transaction. This move is a pivotal step forward for Western Union's ambitious Evolve 25 strategy aimed at amplifying digital growth and enhancing cust ...