๐ PayPal to launch "PayPal World" โ a global payments platform
๐ In partnership with Venmo, PayPal aims to connect the worldโs largest payment systems and digital wallets.
๐ฅ Initial partners include:
Mercado Pago
Tenpay Global (Tencent)
NPCI International (UPI, India)
๐ Launch expected this fall, enabling full interoperability between PayPal and Venmo.
๐ง Takeaway:
PayPal is positioning itself as a global payments backbone, blending traditional rails with digital wallet ecosystems โ a strategic step toward seamless cross-border finance.
#PayPal #Venmo