PayPal (NASDAQ:PYPL) has announced a strategic partnership with TerraPay, a global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by connecting banks, mobile wallets, and financial institutions. According to Mordor Intelligence, the MENA digital payments market is estimated to be worth $251.34 billion in 2025 and is expected to reach $422.56 billion by 2030. Through secure PayPal account linking,
PayPal is a California-based multinational financial technology company that provides services such as online money transfer, invoicing, and payment processing for individuals and businesses.