TenPay Global, Tencent's cross-border payment platform, has signed a memorandum of cooperation with Mastercard, expanding their partnership into the field of agentic commerce. The two parties will integrate payment processing, currency exchange, risk management, and fraud prevention capabilities to help merchants better serve overseas customers. They will also work jointly with relevant institutions to expand the coverage of cross-border QR code payments and explore extending connectivity, trust, and security into AI-driven new commercial ecosystems.