*Korea's first remittance service to connect with Weixin 

*Partnership enables fast and convenient money transfers to Weixin users in 
China from WireBarley's 11 sending countries, including Korea, the U.S., 
Canada, and the U.K. 

*Customers can now enjoy an enhanced remittance experience by receiving funds 
through Weixin, the mainland Chinese version of WeChat.

*Through the end of February, WireBarley will offer a US$20 coupon (or its 
equivalent in local currency) for each new customer who completes a remittance 
to a Weixin user in China.

WireBarley today announced its partnership with Tencent Financial Technology 
for overseas remittance service, specifically for international money transfers 
to China through Weixin, the mainland Chinese version of WeChat.

WireBarley is the first Korean fintech company to partner with Tencent 
Financial Technology for inbound remittance service into China through Weixin. 
The partnership between the two tech companies is expected to further enhance 
the overall user convenience. When a WireBarley user sends money to China, a 
recipient can now easily receive the money through Weixin, which has gradually 
evolved from a social communication app to being a way of life in China.

Weixin will be added as an option and available between corridors from 
WireBarley's 11 sending countries, including Korea, the U.S., and Canada, to 
China. 

"We're pleased to announce this partnership with WireBarley to further expand 
Tencent Financial Technology's global reach. The collaboration marks another 
important step towards enabling Chinese residing worldwide to send money more 
conveniently to Weixin users in China," said Wenhui Yang, General Manager, 
Tencent Financial Technology Asia Pacific.

"Our partnership with Tencent Financial Technology enables us to offer more 
convenient remittance service and delivery methods for customers sending funds 
to China. Together with our 50 partner companies, we plan to build a fintech 
ecosystem without borders. We aim to provide a convenient and safe cross-border 
remittance experience to our worldwide customers," said Joongwon John Yoo, CEO 
of WireBarley. 

All new customers remitting funds to Weixin users in China will receive a US$20 
WireBarley coupon (or its equivalent in local currency) when the transaction is 
successfully completed through the end of February. The promotion is applicable 
for all remittances made to China from WireBarley's 11 sending countries – 
Korea, Australia, the U.S., New Zealand, Canada, the U.K., France, Germany, 
Italy, Netherlands, Irelands, and more.   

WireBarley 

Established in 2016, WireBarley grew exponentially with a strong foothold in 
the Asia Pacific, including Australia, South Korea, New Zealand, and Singapore. 
Recently, the fintech has further strengthened its presence as a global brand 
with its expansion into the U.S. and Canada markets, for the first time as a 
Korean overseas remittance company. Headquartered in South Korea, it has 
multiple subsidiaries worldwide in Australia, New Zealand, Singapore, Hong 
Kong, and the U.S. WireBarley's FX and corporate treasury center in Hong Kong, 
which is one of the largest FX trading hubs in the world, plays a key role in 
enabling effective FX management and strong compliance practicality and 
formulating strategic partnerships with key banks and payment players in the 
Asia Pacific. With 12 outbound and 44 inbound countries, WireBarley currently 
offers over 520 corridors for personal remittance. The company recently 
expanded into providing B2B remittance and e-wallet services, as it seeks to be 
not only Asia's leading remittance company but to leap forward to become a 
global total payment platform.  

www.wirebarley.com  

SOURCE: WireBarley