PayPal Launches ‘PayPal World’ in Partnership with NIPL and Global Payment Providers.
Banking & Finance
On 23 July 2025, PayPal, a leading U.S.-based digital payments firm, announced the launch of a new cross-border payments platform, ‘PayPal World’, in partnership with India’s NPCI International Payments Limited (NIPL), along with three other global providers, to enable seamless Unified Payments Interface (UPI) transactions across international merchants.
- In its initial phase, PayPal World has established strategic partnerships with four major international payment service providers.
- These include NIPL (the international arm of NPCI and operator of UPI), Mercado Pago from Brazil, Tenpay Global (Weixin Pay) from China, and Venmo, which is a U.S.-based subsidiary of PayPal. These collaborations aim to simplify global merchant acceptance of Indian UPI-based transactions and digital wallets across borders.
- The initiative allows Indian users to use their UPI credentials for payments at international online merchants that accept PayPal, significantly enhancing the global utility of India’s real-time payment infrastructure. This is a major step forward in India's ambition to globalize UPI and reduce dependency on traditional banking rails for cross-border digital commerce.
Main Point :- (i) PayPal World supports multiple local payment systems, digital wallets, and multi-currency usage, thereby easing international payments and remittances. It offers a consumer-friendly platform where Indian customers can pay globally using familiar local payment methods backed by UPI’s infrastructure.
(ii) The new solution also focuses on streamlined merchant integration. With this system, merchants worldwide will be able to connect to a broader customer base without having to incorporate multiple payment gateways. This could drastically reduce onboarding complexity and boost cross-border e-commerce.
(iii) From a technological standpoint, ‘PayPal World’ is built on a cloud-native architecture. It ensures high availability, low latency, and global scalability to support next-gen dynamic payment features, including support for stablecoins and programmable payments.
About PayPal Holdings, Inc.
CEO: Alex Chriss
President: Alex Chriss
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