Botim Launches UAE’s First Remittance to China with Tencent Financial Technology
Astra Tech, MENA’s leading consumer technology holding group, announced a partnership with China-based Tencent Financial Technology to launch cross-border remittances from Botim’s users in the UAE to Weixin users in China.
This collaboration eliminates traditional boundaries, enabling PayBy-powered Botim users to make international transfers via its messenger platform directly to over 1 billion Weixin users, offering unprecedented access to one of the world’s most dynamic markets.
Together with the exclusive ShareLink feature on Weixin, users can effortlessly notify recipients with one click after each remittance.
Recipients in China can receive funds through Weixin messages, monitor remittance status, and choose to receive funds using Weixin Wallet Balance or bank cards linked to Weixin Pay.
Abdallah Abu Sheikh, co-founder of Astra Tech and CEO of Botim, said the partnership with Tencent Financial Technology is a testament to the boundless potential of technology and the two companies’ shared vision of empowering users globally.
“By bridging continents and enabling seamless financial interactions, we pioneer a new era of cross-platform financial inclusion. This also elevates the UAE’s status as a global tech and finance powerhouse, reaffirming our commitment to simplifying our users’ everyday experiences,” Abu Sheikh said.
Royal Chen, Vice President of Tencent Financial Technology, said partnering with Botim marks an important milestone in the company’s journey to enhance the global cross-border remittance experience.
“By connecting Botim and Weixin users together through remittance and messenger functions, it creates a unique remittance experience across the two platforms,” Chen said.
This collaboration is not only a significant milestone in the digital realm but also closely aligns with the UAE’s vision of becoming one of the world’s most sought-after destinations and a global hub for finance and business.
It showcases two of the world’s most comprehensive digital platforms on a global scale, setting a benchmark for cross-border digital integration and transforming the landscape of digital communication.
