First Global Data Limited announced that First Global Money Inc. has entered into an agreement with Tenpay Payment Technology Co. Ltd, a subsidiary of Tencent Holdings (collectively "Tencent"). As part of this "Cross Border Payment Acquiring Service Agreement", First Global will work closely with Tencent to expand merchant processing and settlement services in the USA.

The service will enable existing WeChat users to make payments from their WeChat mobile wallet at retailers and merchants located in the USA. First Global, working together with Tencent will facilitate the conversion from RMB to USD and the settlement of payments with the retailers and merchants in the USA.