Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

PayPal launched PayPal World, bringing UPI payments to the global stage

PayPal

PayPal has introduced PayPal World, an innovative global payments platform created in collaboration with the National Payments Corporation of India (NPCI) International, Tenpay Global, Mercado Pago, and Venmo. This pioneering development enables Indian users to make cross-border payments using their UPI wallets for the first time, effectively removing traditional obstacles associated with international shopping, remittances, and merchant acceptance. 

With PayPal World, Indian consumers can seamlessly pay on global e-commerce sites or send money overseas using the Unified Payments Interface (UPI), mirroring the convenience they experience within India.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

The platform integrates some of the world’s leading digital wallets—including PayPal, NPCI International Payments Limited (NIPL/UPI), Weixin Pay (Tenpay Global), Mercado Pago, and Venmo—into a unified ecosystem that offers effortless interoperability. Merchants who already accept PayPal can now also accept payments from UPI and other major wallets without requiring further integration or additional development resources. This instantly expands their reach to nearly two billion users worldwide, thereby significantly broadening the addressable market for both businesses and consumers. By allowing users to transact internationally with familiar local wallets, PayPal World simplifies cross-border commerce and remittance, delivering a secure, fast, and user-friendly payment experience.

AdvertisementSAAS

Built on open commerce APIs, the platform boasts robust security measures and a multi-region cloud infrastructure to ensure stability, low latency, and high availability. Beyond its current capabilities, PayPal World has an ambitious roadmap that includes support for emerging payment technologies such as agentic shopping, dynamic payment buttons, and stablecoin transactions, positioning itself as a future-ready solution in the evolving payments landscape. For Indian shoppers, the process is straightforward: when checking out on an international website that accepts PayPal, they can simply choose to pay via their familiar UPI app without the need for an international PayPal account. Merchants, on the other hand, benefit from immediate access to a vast global customer base using their homegrown wallets with no changes on their acceptance side.

Also Read: LIC Signs MoU with Ministry of Rural Development to expand Bima Sakhi Scheme

AdvertisementInfoComm India 2026

Furthermore, PayPal World facilitates easy peer-to-peer payments and remittances across borders, enabling smooth funds transfers not only between PayPal accounts but also across Venmo and other integrated wallets. This launch marks a significant milestone in digital payments interoperability and cross-border financial inclusion, accelerating UPI’s global reach and fostering seamless international payment experiences for businesses and consumers alike. According to Ritesh Shukla, CEO of NPCI International Payments Limited, this integration highlights a shared vision to make cross-border payments more seamless, secure, and inclusive.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

SEBI's MF Lite framework eases compliance rules for passive fund schemes

Policies · BFSISEBI's Mutual Fund Lite framework creates a separate, lighter regulatory route for passive mutual fund schemes,… Read more →

PFRDA revises NPS scheme naming and PoP display rules from 1 December

Policies · BFSIPFRDA has amended two clauses of its August circular on the Multiple Scheme Framework, changing how… Read more →

PFRDA revises NPS scheme naming and display rules from December 1

Policies · BFSIPFRDA has amended its framework for NPS scheme classification, setting uniform naming formats and requiring PoP… Read more →

Expensify signs referral agreement with Visa for corporate expense management

News · BFSIExpensify and Visa have entered a referral arrangement that allows Visa to direct eligible corporate card… Read more →

D2 Intelligence displays four AI products at Hong Kong Fintech Week 2026

News · BFSIWenge AI subsidiary D2 Intelligence is exhibiting Decitron, ScienceOra, DocuMind and Checkie at Hong Kong Fintech… Read more →

Niyam Group names Babita Rai Global Head of International Business

News · BFSIIndian-focused reinsurance platform Niyam Group has appointed Babita Rai, a veteran of more than two decades… Read more →

whatsapp--v1