Ria Money Transfer partners with Tenpay Global, enabling digital remittances to Weixin for flexible spending in China

Ria Money Transfer (Ria), a global leader in the cross-border money transfer industry and business segment of Euronet (NASDAQ: EEFT), and Tenpay Global, Tencent’s cross-border payment platform, announced a new partnership today. Users around the world are now able to send money from Ria’s digital and physical channels to their or their families’ Wallet Balance or linked bank accounts in Weixin Pay, a leading payment and digital wallet in China.
 
China remains one of the top three remittance-receiving countries globally, with remittance inflows reaching US$50 billion in 2023, according to the World Bank. This partnership enables Ria to tap into the large Weixin and WeChat user base, contributing to Ria’s mobile network reach of 3.1 billion wallet accounts worldwide. With Ria’s physical presence of more than 595,000 locations in nearly 200 countries and territories, Weixin Pay users in China can now receive remittances from almost anywhere across the globe and enjoy flexible spending such as transfers, top-ups and shopping.