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DeeMoney Partners with Alipay and WeChat for seamless Cross-Border Remittance to China

DeeMoney, a leading cross-border money transfer platform, announced a major partnership today with Alipay and WeChat (Weixin), Chinas dominant digital wallets, to offer seamless remittances to Chinese consumers.World Bank data 2022 presented by

Breaking Fintech Stock News: AppTech (NASDAQ: APCX) Executes Agreement to Expand Launch of Mobile-to-Mobile Payment System to Mexico and Brazil Enabling Cross-Border Remittance

ThitsaWorks was awarded the Monetary Authority of Singapore s Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant for Inclusive Cross-Border Remittances

SINGAPORE, Nov. 4, 2022 /PRNewswire/ ThitsaWorks, in partnership with INFITX (previously ModusBox) and Visa, was awarded the Monetary Authority of Singapore's Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant on 29-June-2022. The FSTI POC grant supports the experimentation, development, and dissemination of nascent innovative technologies in the financial services sector. While many remittance options exist for overseas migrant workers in Singapore, options to reach rural areas where many workers' families live are complicated, expensive, and slow. Additionally, friends and family who only have accounts with MFIs and rural banks cannot receive direct payments. Together with Rapyd and Lucy, ThitsaWorks, INFITX, and Visa have introduced the Inclusive Cross-Border Remittances Project to make remittances for Singapore-to-Philippines corridor more affordable and efficient. The project aims to connect small financial institutions to real-time payment net

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