Payments firm PayPal announced on July 23, 2025, a partnership with the operator of India's popular Unified Payments Interface (UPI) and other entities. This collaboration aims to launch a global platform through which consumers can make cross-border payments to businesses.
This initiative represents a significant strategic move into India's rapidly expanding digital payments market. Linking with UPI, a real-time payment system, can facilitate seamless and efficient international transactions.
The new platform is expected to enhance PayPal's cross-border capabilities and tap into the substantial volume of remittances and e-commerce flows involving India. This positions PayPal for potential growth in one of the world's largest digital payment markets.
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