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PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people
PayPal is partnering with global fintech companies to let users pay to different wallet systems cross border.
“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses. On the flip side, if a customer from India is buying from a site in the U.S., they can use PayPal to check out and pay through their UPI wallet. The company said that in 2026, Venmo users will be able to pay for shopping both online and offline for merchants that support PayPal’s payments.
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