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Tencent and Visa are expanding their payments partnership in China, following recent regulatory approvals for foreign financial firms operating there. The announcement was reported by CNBC on October 29, 2026. The partnership gives Visa a wider role in payments tied to Tencent's platforms as foreign firms gain approval to operate in China's financial sector. Further details on the scope and timing of the expansion were not included in the available reporting.
Sources:CNBC Top News