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PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people
TechCrunch· 2025-07-23 12:01
PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier. The platform will allow users to pay others using their local wallets and payment systems.The company said the launch partners include India’s NPCI International Payments Limited, which operates mobile payments framework UPI (Unified Payment Interface), China’s Tenpay Global (Tencent’s Payment arm), which operates Weixin (WeChat) payment eco ...
Introducing PayPal World: a global platform connecting the world's largest payment systems and digital wallets, starting with interoperability to PayPal and Venmo
Prnewswire· 2025-07-23 12:01
For consumers: your domestic wallet accepted at millions more businesses around the worldFor much of the world's population, international shopping and money transfers are not just difficult, at times they are impossible. While digital wallets and payments have become the preferred payment method in many markets domestically, consumers still require an international payment method to shop overseas. Sending money across borders can be similarly frustrating, with consumers facing fees, barriers, and delays. W ...