One-Stop Shop: The Reach of Tencent with Money Movement Integration

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Welcome to Money Travels. In episode 4 of season 2 we talk to some of the experts who are building the tools that will transform the next generation of money movement. Tencent is a multinational technology conglomerate and one of the world's largest social media companies. WeChat or Weixin, as the app is known in Mainland China, is Tencent’s popular app known for instant messaging, social posting, shopping and more. We explore the ways that Weixin has integrated financial features into the consumer app experience and how Visa Direct is helping Weixin Pay create a seamless digital experience for users who can receive remittances directly into their wallet. We're talk to Deepan Dagur, vice president and regional head Asia Pacific at Visa Direct, and Wenhui Yang, the regional general manager of Tenpay Global Asia Pacific. We hope you enjoy this fascinating new episode of Money Travels, brought to you by Visa.

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• Visa Direct capability enabled through a financial institution partner.
• Visa Direct product availability and functionality varies by market.
• Actual fund availability depends on receiving financial institution and region.
• The views and opinions expressed in this podcast are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.
• Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.
• The views and opinions expressed in this podcast are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.
• All brand names, logos and/or trademarks are the property of their respective owners, and do not necessarily imply product endorsement or affiliation with Visa.
• Combined MAU of Weixin and WeChat users:

https://static.www.tencent.com/uploads/2024/03/20/fe50310bf15caaab4b05dd9e8e49d316.pdf

• “Weixin Pay has expanded its coverage to 69 countries and regions worldwide, and boasts over 1,000 overseas partners, connecting more than 4 million foreign merchants.”

https://www.tencent.com/en-us/articles/2201572.html

• This podcast contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and financial outlook. Forward-looking statements generally are identified by words such as “believes”, “estimates”, “expects”, “intends”, “may”, “projects”, “could”, “should”, “will”, “continue” and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties, and other factors, many of which are beyond our control and are difficult to predict. We describe risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, any of these forward-looking statements in our fillings with the SEC. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.