PayPal's Xoom, Tencent partner on cross-border payments [Yahoo! Finance]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: Yahoo! Finance
Xoom, PayPal Holdings' digital remittance subsidiary, has partnered with Tencent to facilitate cross-border payments for Weixin Pay users, according to a press release. As part of the partnership, Weixin Pay users can receive funds in their Weixin Pay wallets or bank accounts connected to Weixin Pay via Xoom or PayPal within a few minutes, the Wednesday release said. Tenpay Global, Tencent's cross-border payment platform, is a sister service of Weixin Pay, Tencent's popular Chinese payments platform, per the company's website The service is available to Xoom and PayPal users in the U.S., Canada and Europe via Xoom and PayPal's websites and mobile apps. The companies plan to expand the service to more countries in the future, per the announcement. With its newest partnership with Tencent, PayPal continues to use Xoom to boost its payments business. In 2019, Xoom teamed up with Walmart and Ria to let consumers send funds available for pickup at Walmart and Ria locations in the U.
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PYPL
News
- PayPal Holdings Continues To Be Underappreciated [Seeking Alpha]Seeking Alpha
- New PayPal Email Warning—Beware This Paused Payment Attack [Forbes]Forbes
- PayPal, issuer of PYUSD, applies for Utah industrial bank license [Yahoo! Finance]Yahoo! Finance
- PayPal Moves to Set Up Utah-Chartered Bank to Bolster Payments and Lending [Yahoo! Finance]Yahoo! Finance
- PayPal Submits Applications to Establish an Industrial Bank to Expand Access to Financial Services for U.S. Small BusinessesPR Newswire
PYPL
Earnings
- 10/28/25 - Beat
PYPL
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/1/25 - Form 4
- PYPL's page on the SEC website