PayPal will partner with Venmo to launch the PayPal World platform, connecting the world's largest payment system and digital wallet, with Tencent's WeChat Pay among the partner candidates.

According to official sources, PayPal will partner with Venmo to launch the PayPal World platform, connecting the world's largest payment system with a digital wallet. The first batch of partners also include Mercado Pago, NPCI International Payments Limited (UPI), and Tenpay Global.