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Stock impact report

PayPal's Xoom partners with Tenpay Global to offer cross-border remittances to Weixin [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Yahoo! Finance
SINGAPORE April 8, 2025 /PRNewswire/ -- Starting today, Weixin Pay users can now receive cross-border transfers from Xoom, a PayPal service and a pioneer in digital remittances. This new partnership between Tenpay Global, Tencent's cross-border payment platform, and Xoom allows Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or bank accounts linked to Weixin Pay through Xoom or PayPal's mobile app and website. Xoom and PayPal users in United States Canada and Europe can now access reliable and affordable cross-border money transfers to their own or family members' Weixin Pay accounts, with additional countries to come in the future. Weixin Pay users can receive the funds frictionlessly, typically in as fast as a few minutes, for flexible use within the Weixin app for transfers, top-ups and shopping. "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 We Show less Read more
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