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PayPal to Launch Global Platform PayPal World to Connect Payment Systems and Digital Wallets

Summary: In a press release, PayPal announced the upcoming launch of the global platform PayPal World, which will connect some of the world's largest payment systems and digital wallets, including Mercado Pago, NCPI International Payments Limited (UPI), and Tenpay Global. These platforms are collaborating with PayPal and Venmo to connect millions of users and businesses worldwide. ...

In a press release, PayPal announced the upcoming launch of the global platform PayPal World, which will connect some of the world's largest payment systems and digital wallets, including Mercado Pago, NCPI International Payments Limited (UPI), and Tenpay Global. These platforms are collaborating with PayPal and Venmo to connect millions of users and businesses worldwide. Consumers will be able to shop internationally and make global remittances quickly through their existing wallets. Businesses can also accept payments from new global customers without expensive integration fees. More wallets are expected to join in the coming months. PayPal World is set to go live this fall, allowing all partners to interoperate with PayPal and Venmo.

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