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Introducing PayPal World: A Global Platform Connecting the World’s Largest Payment Systems and Digital Wallets, Starting with Interoperability to PayPal and Venmo

PayPal

• Launch partners include Mercado Pago, NPCI International Payments Limited (UPI), PayPal, Tenpay Global, and Venmo. • Interoperability begins with partners connecting to PayPal and Venmo. • Technology agnostic platform designed to enable further wallet interoperability.

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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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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure. Why is it important? What’s next?

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Cambodia’s Bakong Tourists App Now Supports Visa Cards for Payments

Fintech News

The launch ceremony, led by NBC Governor Dr. Chea Serey, brought together about 300 participants, including representatives from government ministries, international payment firms, and private companies. The app also enables users to transfer funds to their individual Bakong accounts, offering an alternative to cash transactions.

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Fedwire® Adopts ISO® 20022 Modernizing U.S. Payments

Trade Credit & Liquidity Management

Improved compliance and fraud prevention: ISO 20022’s richer message format enables banks to comply with sanctions, anti-money laundering, and fraud detection requirements by providing structured, comprehensive payment details, making these processes more efficient and accurate. Domestic and cross-border interoperability: The U.S.

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The Payments Group Partners With Bluecode to Deliver Pan-European Mobile Payment Prepaid Solution

Fintech Finance

” Users also benefit from Bluecode’s growing interoperability with European and international payment ecosystems, which ensures broad acceptance both within and beyond Europe.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

The urgency for payments modernisation The payments industry is accelerating at breakneck speed, with banks that fail to modernise losing market share and future growth opportunities to more agile competitors that will happily steal their lunch.