TenPay Global Deepens Singapore Remittance Ecosystem Partnerships as Demand for Digital Transfers Grows

 Personal screening of “Expensive You” traces the evolution of remittance from conventional Qiaopi to digital transfers through Weixin

SINGAPORE, July 17, 2026 /PRNewswire/ — TenPay World, Tencent’s cross-border cost platform, introduced collectively remittance companions in Singapore, together with DBS Financial institution, Panda Remit and Western Union, to debate enhancements to the cross-border remittance consumer expertise and methods to strengthen collaboration throughout the companion ecosystem. The alternate was held on July 12 alongside a personal screening of the movie “Expensive You.”

Taking the movie’s theme of “Qiaopi” as its start line, the occasion traced the evolution of cross-border remittance from the normal apply of sending cash and household letters collectively to in the present day’s digital companies. Up to now, Qiaopi was each a remittance and a household letter, carrying not solely monetary help but additionally information and phrases of care between family separated by distance. At present, recipients can obtain remittances by means of Weixin, the identical app they use to message household and pals, making digital remittance a modern-day type of “Qiaopi.” Supported by digital know-how and a world community of companions, funds despatched house can now arrive in as little as one minute.

Ms P’ing Lim, Regional Head, Ecosystems & Cross Border Funds, Shopper Banking Group, DBS Financial institution, stated: “Tales like Expensive You remind us that whereas the best way we ship cash has advanced, its function stays unchanged – to assist individuals keep linked to the individuals and locations that matter most. As a financial institution that has served generations of Singaporeans, we perceive the essential position that cross-border funds play in supporting households, companies and on a regular basis life throughout borders. Along with our companions together with TenPay World, we stay dedicated to constructing one in all Asia’s most linked cross-border funds ecosystems, making it sooner, less complicated and safer for patrons to remit, pay and transact seamlessly throughout the area.”

Marco Jin, Enterprise Improvement Director of Panda Remit, stated: “Panda Remit has loved a long-standing partnership with TenPay World, changing into the primary remittance companion to allow direct transfers into Weixin since 2021. Our partnership has constantly been on the forefront of innovation, with Panda Remit pioneering a number of first-to-market capabilities along with TenPay World, together with the launch of the Panda Remit Weixin Mini Program, delivering a seamless & safe remittance expertise. We look ahead to persevering with to innovate collectively and bringing even better worth to customers worldwide.”

Vince Tallent, Senior Vice President and Head of APAC, Western Union, stated: “As buyer expectations proceed to evolve, the strategic partnership with TenPay World displays Western Union’s dedication to placing clients on the middle of every part we do, bringing collectively our international cross-border cash motion capabilities with the innovation and attain of the Weixin ecosystem. Since launching our co-branded flagship retailer in Singapore’s Chinatown in 2025, we’ve continued to boost the remittance expertise and create extra seamless methods for patrons to maneuver cash throughout borders and keep linked to the individuals and alternatives that matter most.”

Royal Chen, Vice President of Tencent Monetary Know-how, stated: “Cross-border remittance strikes funds, however greater than that, it connects individuals by means of the on a regular basis care they present each other. Up to now, a single ‘Qiaopi’ might take months to finish its spherical journey. At present, know-how allows 24/7 cross-border remittance, with funds arriving in as little as one minute, on to Weixin — an expertise so simple as sending a message.”

“TenPay World’s cross-border remittance platform at the moment companions with greater than 60 main worldwide banks and remittance establishments, supporting remittances to China from over 150 nations and areas. TenPay World will proceed to collaborate intently with banks, remittance establishments and fintech companions to strengthen its cross-border remittance community, so customers can securely ship care and help to their households by means of a well-recognized and intuitive method,” he added.

From Qiaopi to digital remittance, the best way individuals ship cash has modified, however the need to remain linked with household stays the identical. The occasion additionally shaped a part of TenPay World’s ongoing efforts to strengthen collaboration with its Singapore companions and collectively have interaction and provides again to consumer group. Many long-time cross-border remittance customers additionally joined the occasion, sharing their very own remittance tales and collaborating within the on-site actions. On the occasion, an interactive “Phrases From Afar” nook invited visitors to gather a commemorative “Ping An Pi,” or “letter of peace,” write a message to household and pals again house, and submit it by means of an on-site mailbox. Friends might additionally use Weixin to scan a QR code and generate a personalised, AI-powered “digital Qiaopi,” offering an interactive option to expertise how the remittance journey has advanced.

About TenPay World

TenPay World is Tencent’s cross-border cost platform, comprising a community of licensed monetary establishments beneath Tencent. By connecting the Weixin ecosystem, international cost companions, and worldwide customers and situations, TenPay World offers end-to-end cost options for cross-border remittances, consumption, and commerce. Backed by years of trade expertise and a sturdy danger administration framework, TenPay World delivers world-class requirements in system reliability, fund safety, and regulatory compliance. Official Web site: TenPay World