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November 13, 2025

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HIVEX® Expands Tencent Partnership with TenPay Global to Power Inbound China QR Payments Across Asia

TBCASoft announced a new phase of its strategic collaboration with Tencent Financial Technology through a partnership with TenPay Global

Silicon Valley, USA; November 13, 2025 — TBCASoft, the developer and operator of the HIVEX® cross-border payment framework, today announced a new phase of its strategic collaboration with Tencent Financial Technology through a partnership with TenPay Global, Tencent’s cross-border payment platform and a designated inaugural foreign institution partner of China’s Cross-Border Interconnection Payment Gateway (CPG). The initiative enables HIVEX wallet partners to support their users paying within the Chinese mainland through a CPG connection with TenPay Global.

Enabling Seamless Wallet Interoperability Between China and the HIVEX Network

This collaboration enables HIVEX-connected wallet partners to make QR-code payments across tens of millions of merchants in the Chinese mainland by scanning a Weixin Pay¹ QR code or by having their wallet QR scanned by local merchants—without downloading additional apps or completing extra setup steps.

This strategic partnership with TenPay Global demonstrates the growing power of the HIVEX framework to interconnect the world’s largest mobile-payment ecosystems,” said Ling Wu, Founder and CEO of TBCASoft. “HIVEX allows travellers and local businesses across Asia to securely transact over a trusted, compliant and scalable QR-payments platform.”

By seamlessly connecting international wallets with the Weixin Pay ecosystem, we are not only making everyday purchases easier but also building a more open and inclusive global payments network,” said Wenhui Yang, CEO of TenPay Global (Singapore).

¹ Weixin Pay is known as WeChat Pay outside of mainland China.

HIVEX provides a superior cross-border payment experience by offering participating cashless payment service providers common business rules, low-friction system integration, consistent and neutral branding, and greater commercial scalability. Connecting to HIVEX enables ubiquitous cross-border QR-payment interoperability across partner markets.

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