DP World, Paypal to Collaborate on Cross-Border Digital Trade Payments

DP World and PayPal to collaborate on Cross-Border digital trade payments

DUBAI : DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed-up cross-border trade. The agreement, which could see transactions executed in minutes rather than taking up to a week reflects DP World’s continued commitment to creating a secure and scalable marketplace for digital payments. DP World’s Digital Paym…

Africa could cash in on benefits from innovative cross-border payment plan

African forwarders have given a mixed response to the news from DP World that it has signed an MoU with PayPal to develop a programme to speed up cross-border payments, which have long hobbled Africa’s growth ambitions. Describing it as a “first-of-its-kind” digital payments initiative, the terminal operator and commerce platform are looking to see cross-border transactions executed in minutes rather than days, and in some cases weeks, at a lowe…

DP World & PayPal to collaborate on cross-border digital trade payments

DP World, Paypal to collaborate on cross-border digital trade payments

The agreement, which could see transactions executed in minutes rather than taking up to a week reflects DP World’s continued commitment to creating a secure and scalable marketplace for digital payments

DP World and PayPal Collaborate on Digital Cross-border Payments - Fintechnews Middle East

DP World, a Dubai-based global logistics and port operator, has signed a MoU with PayPal to develop a digital payments initiative aimed at streamlining cross-border trade. The agreement could allow transactions to be completed in minutes, rather than taking up to a week, and forms part of DP World’s efforts to create a secure and scalable system for digital payments. The initiative will enable international merchants, shippers, exporters, import…

DP World collaborates with PayPal on world’s first cross-border digital trade payment solution

In a bid to accelerate and simplify cross-border trade, DP World and PayPal have signed a memorandum of understanding (MoU) to create a first-of-its-kind digital payment solution. According to DP World, the Digital Payments initiative will enable international merchants, shippers, exporters, importers and marketplaces to complete cross-border payments with greater transparency, lower costs and faster settlement times. Sultan Ahmed bin Sulayem, D…