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Tencent and Visa sign memorandum to explore cross-border payments and AI commerce

Tencent and Visa signed a memorandum to explore cross-border payments, remittances, enterprise AI and agentic commerce. Plans include improving payments for inbound and outbound travelers and easing overseas transfers into the WeChat Pay ecosystem. They will also study how AI agents could help eligible users find, select and buy goods or services. The proposed cross-border payment solutions would need to meet regulatory requirements.

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Tencent and Visa sign memorandum to explore cross-border payments and AI commerce
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What to know

  • 01

    The partners plan to improve travelers’ cross-border payments through TenPay Global and Visa Pay, while deepening remittance cooperation through Visa Direct.

  • 02

    They will study how Visa Intelligent Commerce could enable AI agents to help eligible users find, choose and buy goods or services.

Why it matters

The memorandum connects payment services with AI commerce cooperation, while agentic payments remain an area the companies plan to explore.

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