Tencent and Visa expand cooperation to explore AI agent payments
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On October 29, 2026, Tencent and Visa signed a memorandum of understanding, announcing the expansion of their cross-border payment cooperation and the exploration of transactions driven by artificial intelligence agents. The two parties 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. At the same time, the two parties plan to use Visa Direct to expand the range of overseas remitters who can transfer money to the Weixin Pay ecosystem. The report did not disclose the specific launch time or scope of implementation of the relevant functions.
AI-written from reports · updated 4 hours ago
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- Fintech News SingaporeTencent and Visa expand partnership, explore AI agent payments
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.
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