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US House panel on China seeks assurances from Paypal on Weixin Pay integration

( September 22, 2025, 15:42 GMT | Official Statement) -- MLex Summary: The US House of Representatives Select Committee on the Chinese Communist Party has written to PayPal seeking assurances that its new integrations with Tencent’s Tenpay Global—the operator of Weixin (WeChat) Pay—comply fully with US anti–money laundering requirements. The committee said it is concerned that these integrations could enable Chinese money laundering organizations to move illicit funds directly through PayPal–Weixin Pay channels.Statement follows below. See attached file....

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