Particle.news
Download on the App Store
6 ARTICLES
·
2mo ago

PayPal Unveils PayPal World to Unite Global Digital Wallets

The cloud-native, API-driven network led by PayPal with initial partners Venmo, Mercado Pago, NPCI International, Tenpay Global, Weixin Pay launches in early fall to enable seamless local-currency cross-border transactions.

Image
La plataforma de pagos digitales PayPal anunció PayPal World, una billetera digital de alcance mundial que tiene como socios iniciales a Mercado Pago, UPI, WeChat Pay y Venmo (propiedad de PayPal)
Image
Image

Overview

  • PayPal confirmed founding partnerships with Venmo, Mercado Pago, NPCI International (UPI) and Tenpay Global (Weixin Pay) at its July 23 announcement, collectively covering nearly two billion users.
  • The platform’s cloud-native, API-first architecture ensures low-latency, multi-regional availability and support for dynamic pay buttons and stablecoin transactions.
  • Businesses will automatically accept new payment methods at checkout without extra integration, leveraging PayPal World’s unified merchant interface.
  • Consumers can pay in their preferred local wallets and currencies and make instant, fee-free cross-border wallet-to-wallet transfers without traditional barriers or delays.
  • Scheduled to go live in early fall 2025, PayPal World’s launch timing aligns with peak holiday travel and shopping to drive rapid global adoption.