Tencent and Visa expand partnership, explore AI agent payments

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Tencent and Visa signed an MoU to expand cross-border payment cooperation and explore transactions powered by AI agents. The two sides plan to improve payment connectivity between Weixin Pay and merchants on the Visa network for travelers entering and leaving China through TenPay Global and Visa Pay, and expand the range of overseas remitters transferring funds to the Weixin Pay ecosystem with Visa Direct.