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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.
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.
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.
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.
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.
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.
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.
Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). per cent equity in the fintech firm.
Thunes , the Smart Superhighway to move money around the world, today welcomes Hyperwallet , a PayPal service for global payouts, as a Member of Thunes Direct Global Network. According to a 2024 report by Deloitte on cross-border payments, the Asia Pacific region makes up nearly 70% of global digital wallet spend.
PayPal , a global digital payments and commerce platform, today announced a strategic partnership with TerraPay , a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. “At PayPal, we’re committed to changing that. .
PayPal , the global digital payments and commerce giant, has joined forces with TerraPay , the global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. “At PayPal, were committed to changing that.
dLocal (NASDAQ: DLO), a leading cross-border payment platform for emerging markets, announces today an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets.
Popular Providers : PayPal, Alipay, and Apple Pay lead the market, with PayPal alone reporting over 430 million active accounts worldwide as of 2023. Cross-Border Appeal : Cryptocurrency payments are especially advantageous for cross-border transactions, with lower fees than traditional international bank transfers.
Over half (54%) of British consumers choose online payment services such as PayPal, Google Pay and Klarna for online transactions, according to Statista (October 2024). Cross-border payment options Cross-border transactions account for 12% of the UK’s total e-commerce, according to Analyzify.
The debut episode, “Disruptions that will define the sector in 2025,” will cover topics such as real-time payments, cross-border flows, B2B transformation, AI, cybersecurity and regulation.
Companies like Branch and PayPal Working Capital offer smaller, short-term loans tailored to small businesses’ unique needs. Cross-Border Payment Solutions Fintech companies like Payoneer and Flutterwave enable SMEs to handle cross-border payments efficiently.
PayPal Payments Private Limited (PayPal), the Indian subsidiary of PayPal Holdings, has obtained in-principle approval (IPA) from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator.
While transaction fees and fraud prevention dominate immediate merchant concerns, forward-thinking businesses are leveraging payment method diversity, cross-border capabilities, and emerging technologies to gain measurable advantages.
dLocal (NASDAQ: DLO), a leading cross-border payment platform for emerging markets, announces today an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets.
Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Tensec raises $12M to boost growth Meanwhile, other cross-border payment firms have raised millions in recent weeks to bolster their international expansion.
Israel-based Justt has introduced platform upgrades, including multilingual dispute management and centralized chargeback approval, aimed at simplifying cross-border disputes and improving efficiency for global merchants. Among the changes are multilingual dispute management and centralized chargeback approval.
Indonesia & Vietnam: Gig Workers & Cross-Border Freelancers With a booming gig economy and a young digital workforce, freelancers in Indonesia and Vietnam are increasingly receiving payments in stablecoins from overseas clients via platforms like Deel, Bitwage, or Metamask. This also protects earnings from BDT devaluation.
PayPal Holdings Inc. The company’s PayPal World platform will allow “interoperability” between the local digital wallets and PayPal, according to a statement. The company’s PayPal World platform will allow “interoperability” between the local digital wallets and PayPal, according to a statement.
Home News Ai PayPal to bring 100 AI and data science jobs to Dublin Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Home News Crypto PayPal to bring stablecoin to Stellar Network Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. PayPal says that PYUSD on Stellar can be used for fast, affordable real-world payments, remittances, commerce, and micro-financing.
In 2025, under new CEO Alex Chriss, PayPal is revamping its core product stack to reignite growth and stay ahead of fast-moving competitors. In 2025, under new CEO Alex Chriss, PayPal is revamping its core product stack to reignite growth and stay ahead of fast-moving competitors. Yet even a company of this scale must evolve.
Digital Wallet Dominance : Digital wallets, led by PayPal, Alipay, and Apple Pay, have become the most popular APM worldwide, making up over 40% of e-commerce payments globally. Popular Examples : PayPal, Apple Pay, Google Pay, Alipay, WeChat Pay. In the U.S., Popular Examples : Bitcoin, Ethereum, USDC (stablecoins).
Company Overview: From Niche Provider to Global Checkout.com began as a cross-border payments solution focused on emerging e-commerce markets. Competitive Landscape: Fighting Giants and Carving Niches Checkout.com operates in a fiercely competitive environment, battling against global heavyweights like Stripe , Adyen , and PayPal.
The Truth About Flat-Rate Processing Many small businesses are drawn to flat-rate pricing because it seems simple, with rates like 2.9% + 30 per transaction (common with providers like Square and PayPal). Fraud Risks Cross-border transactions have twice the fraud risk compared to domestic payments, leading to stricter verification measures.
Account holders with US licenced digital bank, FV Bank , will now be able to convert PayPal USD (PYUSD) into USD in real time as the digital bank expands its stablecoin capabilities. FV Bank strengthened its cross-border offering allowing it to provide its global customers with a wider range of deposit options.
OKX, a leading crypto exchange and global onchain technology company, today announced a new integration with PayPal, enabling OKX users to seamlessly make crypto purchases and deposits across the European Economic Area (EEA) using PayPal.
We are seeing strong adoption and demands for wallets like PayPal, Alipay, and WeChat Pay as they have evolved from basic payment tools to comprehensive financial ecosystems. Optty CEO Natasha Zurnamer highlights this shift: Digital wallets have expanded functionality well beyond the processing of a payment.
Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% This delay can impact cash flow for businesses.
From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money.
Introducing Pay by Link Worldline Pay by Link accepts eftpos, Visa, Mastercard, UnionPay, AMEX, JCB, Alipay+, PayPal, Google Pay and Apple Pay, enabling users to utilise their preferred payment method. Merchants can also choose to enable surcharging to recover their reasonable costs of acceptance.
This includes options such as Apple Pay, PayPal, Google Pay, Visa, and Mada, and will soon also include additional popular regional payment methods like Qpay, Fawry, and KNET, as well as Buy Now, Pay Later services like Tamara and Tabby.
Companies like PayPal, TransferWise (now Wise), and Revolut became pioneers in this new wave. It includes mobile wallets, QR code payments, real-time bank transfers, and cross-border remittances. Data privacy and cross-border standards are increasingly important. Consumer trust in banks plummeted.
Support for cross-border transactions: your business may currently process international transactions or you may be planning to expand internationally in the future, so the provider must support multiple currencies and relevant local payment systems. Sensitive data may be stored on servers, increasing the risk of breaches.
Your payment gateway should handle cross-border transactions without excessive fees. Businesses with international ambitions need multi-currency support and region-specific payment methods. European customers expect different payment options than North American or Asian buyers.
He outlined three ways in which he sees Mastercard entering that realm, specifically by offering cards as a means to buy and sell stablecoins; by supporting financial institutions and digital wallets that offer stablecoin use; and for business-to-business and cross-border transactions. By Lynne Marek • Aug.
Circle’s Euro Coin (EUROC) and PayPal USD (PYUSD) are among those aiming for regulatory clarity in the region. Operating on blockchain rails, they can cut cross-border payment fees by as much as 80% , according to estimates by McKinsey and others.
Digital wallets (Apple Pay, PayPal, etc.) Supported payment methods The Sage payment gateway of your choosing should support multiple payment methods to ensure it meets all your customers preferences. Common options include credit and debit cards (Visa, Mastercard, American Express, etc.) and ACH/eChecks for direct bank transfers.
We should add that ACH transfers are limited to domestic transactions within the United States, while wire transfers cover both national and cross-border payments. That said, wire transfers are usually more expensive than ACH transfers and are used for time-sensitive domestic and international transactions.
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