Get the hottest Fintech Hong Kong News once a month in your Inbox
Starting 9 April 2025, Weixin Pay users will be able to receive cross-border transfers from Xoom, a PayPal service specialising in digital remittances.
This partnership between Tenpay Global, Tencent‘s cross-border payment platform, and Xoom allows users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the Xoom or PayPal app and website.
Xoom and PayPal users in the United States, Canada, and Europe can now send money to their own or their family members’ Weixin Pay accounts. More countries will be added soon.
As Xoom joins Tenpay Global, Weixin Pay users can apparently receive the funds seamlessly, often within minutes, and use them within the Weixin app for transfers, top-ups, or shopping.
Paul Bances, Vice President of Market Development for Xoom, shared,
Paul Bances
“Xoom has long been known as a fast, easy, inexpensive way to send money to friends and family across borders – and now, being able to send funds to Weixin Pay users from the US, Canada and Europe, we’re continuing to connect users wherever they might be and for what they might need funds for.”
Yang Wenhui, CEO of Tenpay Global (Singapore), added,
Yang Wenhui
“This partnership reaffirms Tenpay Global’s commitment to not only bridging the Weixin ecosystem with the global markets but also enhancing user value through streamlined and secure cross-border remittances. By addressing everyday needs—from family support to daily expenses—we aim to create meaningful value in our users’ lives beyond mere transactions.”
The service is now live and available through the Xoom and PayPal mobile app. Users may also visit Xoom.com or PayPal.com to start the remittance experience.
In a recent report, Weixin noted that its top cross-border destinations during the 2025 Spring Festival holiday included Hong Kong, Macao, Japan and Italy, with Luxembourg being a notable popular travel spot in Europe, driven by Weixin Pay cross-border transfers.