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Xoom Enables Partners to Use PayPal USD for Faster Cross-Border Payments

Fintech News

PayPal has announced that its disbursement partners can now use PayPal USD (PYUSD) to settle cross-border money transfers via Xoom, its digital remittance platform. Its integration with Xoom will enable PayPal customers to send funds to African bank accounts or mobile money services efficiently.

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PayPal World Launches to Connect Major Wallets Used by Two Billion Users

Fintech News

PayPal has launched a new platform called PayPal World to simplify cross-border payments and digital wallet interoperability for both consumers and businesses. The platform is expected to go live later this year, starting with interoperability between PayPal, Venmo, and other participating networks from key markets.

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Cross-border payments and UPI revolution in India

The Payments Association

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. Indias cross-border payment transformation India is rapidly advancing in global payments through regulatory reforms, tech-driven initiatives, and strategic partnerships.

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XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments

Fintech News

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products.

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Mesta Launches Hybrid Fiat-Stablecoin Payment Rails for Cross-Border Payments

Fintech Finance

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. The funding underscores confidence in Mestas mission to transform cross-border payments, a $44 trillion market, with faster, cost-effective, and reliable payment solutions.

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Thunes Enables Real-Time Payouts for Hyperwallet Merchants Across Asia Pacific

Fintech News

Thunes, a global payments company specialising in cross-border transactions, has integrated Hyperwallet, a PayPal service, into its Direct Global Network. Floris de Kort Welcoming PayPals Hyperwallet into our Direct Global Network underscores our ability to provide powerful new capabilities to top-tier fintechs.

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Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay

Fintech Finance

venture capital firms known for backing global fintech giants like N26 and PayPal, Jingle Pay continues to disrupt the industry. This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region.