US EditionPayPal's New Cross-Border Payments Platform Looks to Make Sending Money Easier for 2 Billion Users
GLOBAL, JUL 23 – PayPal World will enable nearly two billion users to transact internationally using domestic wallets and local currencies without new accounts or currency conversions.
- On July 23, 2025, PayPal unveiled PayPal World, a platform enabling interoperability between PayPal and Venmo, connecting major digital wallets and payment systems.
- PayPal said the platform will simplify cross-border payments for nearly two billion consumers and businesses while Alex Chriss described the challenge of moving money across borders as complex and said the platform will make it easy.
- According to PayPal, initial partners include Mercado Pago, NPCI International Payments Limited's UPI and Tencent Holdings' Tenpay Global, with PayPal and Venmo becoming seamlessly interoperable, PayPal said, adding nearly two billion users globally.
- Businesses can access nearly two billion consumers with existing integration, PayPal said, adding `This partnership brings together our collective strengths to streamline cross-border commerce, building on the success each of us has achieved in our respective markets`.
- By 2026, Venmo users will be able to shop at millions of global merchants that accept PayPal, while the platform plans to add AI and stablecoin features.
43 Articles
43 Articles
According to the original report, PayPal has taken a bold step by collaborating with India's unified payment interface operator and other key partners to launch a global platform focused on cross-border payments for businesses.The initiative, known as PayPal World, promises to attract a lot of attention among those interested in the movements of the digital payment industry.The platform, PayPal World, is not only a new name in the world of digit…
The PayPal Digital Payment Platform announced today PayPal World, a worldwide digital wallet that has as its initial partners Mercado Pago, UPI, Tenpay Global y Venmo (Paypal property), and will have an estimated reach of 2 billion customers, adding the reach of the respective platforms when it begins to operate in the coming months. The agreement will allow to use the network of each wallet where it is stronger, but paying with the money we hav…
UPI, Paypal join hands: Indian users will be able to pay on foreign e-commerce sites
Global Payments firm PayPal on Wednesday announced a tie-up with National Payments Corporation of India (NPCI) for integration of Unified Payments Interface (UPI) on PayPal World's platform for seamless cross-border payment. As a result, Indian users will now be able to use the UPI to make payments internationally through PayPal. This is part of a series of global partnerships unveiled by the company that will connect many of the world's largest…
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