Overview
- Alex Chriss says PayPal World will bring the world’s largest payment systems and digital wallets onto one interoperable ecosystem serving nearly two billion consumers and businesses.
- Launch partners include NPCI International Payments Limited (UPI), Tenpay Global (Weixin Pay), Venmo and a memorandum of understanding with Mercado Pago, with ongoing technical and commercial negotiations for Latin America integration.
- Through the platform, PayPal and Venmo users will be able to send money to anyone worldwide via local wallets, even if the recipient is not a PayPal user.
- Set to go live in fall 2025, PayPal World is built on a cloud-native, multi-region architecture designed for low latency, high availability and robust security.
- Additional features planned include offline merchant payments for Venmo in 2026 plus phased onboarding of further wallet partners to broaden network coverage.