- Western Union ( NYSE: WU ) collaborates with Shanghai Pudong Development Bank and Tencent Financial Technology to launch inbound international money transfers for Weixin’s approximately one billion users in China, to receive international money transfers in real-time through Weixin.
- Western Union empowers Weixin users in China with the choice to receive international cash transfers digitally.
- The move will enable Weixin users in China to receive Western Union money transfers in Renminbi equivalent of up to $3000 per transfer.
For further details see:
Western Union introduces international money transfers for Weixin users in China