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Tencent, the Chinese multinational conglomerate, has extended its cross-border payment service, TenPay Global, to non-Chinese citizens. This move allows overseas individuals to send money directly into China and avail themselves of WeChat-related services.…
Vietcombank Remittance was honored as “Remittance Company of the Year – Vietnam” for the third consecutive time by Asian Banking & Finance on Dec. 24. This achievement affirms the quality of services and the growth of Vietcombank Remittance, recognizing the…
The U.S. based cross-border and remittance payments processor is extending its remittance services to more customers in the Asia Pacific under a partnership with Tranglo. UniTeller has announced a partnership with Tranglo to further expand its services in 13…
Global economic and political conditions cast doubt on the inflows, which have been an important source of capital for Vietnam. Vietnam is still in the list of top remittance recipients, but experts are uncertain about the future considering recent economic…
The average cost of sending international remittances with mobile money is less than half that of using global money transfer operators (MTOs), a new GSMA report reveals. Such lower prices contribute directly toward achieving targets within United Nations…
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