PayPal announced a strategic partnership with TerraPay to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting banks, mobile wallets, and financial institutions. This collaboration will provide enhanced accessibility for customers by facilitating: Secure account linking and seamless fund transfers from mobile wallets and bank accounts with PayPal; Expanded financial connectivity, empowering millions of customers to transact internationally with ease; Greater financial inclusion, enabling businesses and individuals to participate more effectively in the global digital economy. As the demand for cross-border payments continues to grow across the region, PayPal and TerraPay remain committed to delivering innovative, secure, and convenient financial solutions that empower businesses and individuals to thrive in an increasingly connected world. PayPal announced a strategic partnership with TerraPay to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting banks, mobile wallets, and financial institutions. This collaboration will provide enhanced accessibility for customers by facilitating: Secure account linking and seamless fund transfers from mobile wallets and bank accounts with PayPal; Expanded financial connectivity, empowering millions of customers to transact internationally with ease; Greater financial inclusion, enabling businesses and individuals to participate more effectively in the global digital economy. As the demand for cross-border payments continues to grow across the region, PayPal and TerraPay remain committed to delivering innovative, secure, and convenient financial solutions that empower businesses and individuals to thrive in an increasingly connected world.
TerraPay is a Netherlands-based payment infrastructure platform that enables banks and mobile wallets to offer services such as cross-border remittance and bill payments.