PayPal launches PayPal World – a global platform connecting payment systems and digital wallets, simplifying cross-border transactions.
PayPal World builds a common infrastructure for major e-wallets and payment systems, supporting instant transactions, increasing interactivity, and scaling globally.
MAIN CONTENT
PayPal World integrates major wallets and payment systems like PayPal, Venmo, Mercado Pago, UPI, and Tenpay Global.
The platform supports global instant transactions via open commerce APIs and multi-region cloud architecture.
Venmo and PayPal will support cross-border payments, expanding connections with more digital wallets and services in the future.
What is PayPal World and what is the purpose of this platform?
PayPal World is PayPal's new global payment platform, launching in fall 2025, aimed at connecting digital wallets and major payment systems worldwide.
Through this platform, PayPal creates an ecosystem that enables seamless interaction between various wallets and payment systems, helping to minimize difficulties in international transactions with fast processing speeds and high reliability.
PayPal World is the first payment ecosystem connecting many of the largest systems and digital wallets in the world on a single platform. Cross-border money transfer, which is usually very complex, is now simplified for nearly 2 billion consumers and businesses.
Alex Chriss, Chairman and CEO of PayPal, 07/23/2025
Which global wallet partners are collaborating in PayPal World?
Initially, PayPal World integrates five major wallets and payment systems including Mercado Pago, NPCI International Payments Limited (the operator of India's UPI), Tenpay Global, PayPal, and Venmo.
This collaboration helps digital wallets expand their global reach without needing to modify much of the domestic ecosystem. PayPal promises to continuously add more international wallets and services in the future.
For example, Tenpay Global allows PayPal and Venmo users to pay in China through Weixin Pay QR codes, facilitating cross-border customers.
This collaboration combines strengths to simplify cross-border payments, expanding global customer reach.
Osvaldo Gimenez, CEO of Mercado Pago
How will PayPal and Venmo develop cross-border payments?
PayPal World opens up the possibility of direct linking between PayPal and Venmo, for the first time allowing these two platforms to interact peer-to-peer in global payments.
Starting in 2026, Venmo users can make global purchases at merchants accepting PayPal. Users will use their familiar domestic wallets to pay when traveling or sending money internationally.
For practical examples, PayPal users visiting China can use the app to scan QR codes at cafes accepting Weixin Pay, or Venmo users in the U.S. can easily send money to a PayPal account in Germany.
There has never been a platform connecting global e-wallets that interact directly like PayPal World. Small wallets in small regions can now easily expand thanks to PayPal World.
Alex Chriss in an interview with Bloomberg, 07/23/2025
What technologies and features does PayPal World support for users?
This platform integrates open commerce APIs, supports instant transactions in a multi-region cloud computing environment, ensuring low latency, resilience, and high availability.
PayPal World aims to be compatible with current and future commerce experiences such as dynamic payment buttons, diverse digital wallets, and the capability to integrate Stablecoin in the near future.
This helps wallets and services expand their global markets without having to change much of their structure, optimizing operational efficiency and global customer experience.
What advantages and differences do the wallets and systems participating in PayPal World have?
Wallet/System | Key Features | Geographic Scope | Main Functions in PayPal World PayPal | Global wallet, leading payment platform | Global | Multinational transaction connectivity, supports e-commerce Venmo | Popular P2P payment wallet in the U.S. | U.S. and expanding | Link with PayPal, international shopping, global P2P money transfer Mercado Pago | Leading payment in Latin America | Latin America | Expanding cross-border market collaboration NPCI International Payments Limited (UPI) | Instant payment system of India | India and international | Expanding UPI globally, increasing payment utility Tenpay Global | Tencent's payment unit in China | China and global | Weixin Pay QR payments for international users
Frequently Asked Questions
When will PayPal World officially launch?
PayPal World is expected to roll out from fall 2025, with the integration of many wallets and new features in the following period.
Can PayPal and Venmo transfer money to each other?
From 2026, Venmo and PayPal users can send money and make international purchases through the PayPal World platform.
What wallets does PayPal World support apart from PayPal and Venmo?
Initially integrating Mercado Pago, NPCI (UPI), Tenpay Global, and is expected to expand further with many other digital wallets.
How does PayPal World help reduce latency and increase performance?
The platform uses multi-region cloud architecture with open commerce APIs, providing instant transactions and high availability.
Does PayPal World support cryptocurrency payments?
Currently, PayPal World aims to integrate Stablecoin in the future, expanding diverse options for digital payments.
Source: https://tintucbitcoin.com/paypal-world-ket-noi-thanh-toan-so/
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