【PayPal will collaborate with Venmo to launch PayPal World, a platform connecting the world's largest payment system and digital wallet】On July 23, news emerged that PayPal will collaborate with Venmo to launch PayPal World, a platform connecting the world's largest payment system and digital wallet. Initial partners also include Mercado Pago, NPC International Payments Limited (UPI), and Tenpay Global. PayPal World is expected to go live this fall, allowing all partners to interoperate with PayPal and Venmo. Venmo is a mobile payment service company in the United States, founded in 2009, and has been owned by PayPal since 2013.