Tag Archives: Paypal

DP WORLD & PAYPAL TO COLLABORATE ON CROSS-BORDER DIGITAL TRADE PAYMENTS

Goal is to expand access for merchants and marketplaces, simplifying cross-border payments with faster, more transparent settlement

DUBAI, UNITED ARAB EMIRATES – 3 October 2025: DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed-up cross-border trade.

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PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa

Dubai, UAE, September 24, 2025 – PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions.

This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy.

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CASHPLUS Partners with PayPal to Simplify Withdrawals and Global Shopping for Morocco’s Digital Generation

Dubai, UAE, September 16, 2025 – CASHPLUS, a leading Moroccan fintech and financial services provider, today announced a strategic partnership with PayPal, the global digital payments platform. The collaboration introduces a faster, simpler, and fully digital solution for Moroccan users to withdraw their PayPal funds in local currency.

Through the partnership, PayPal users in Morocco can instantly withdraw their balances in Moroccan Dirhams (MAD) via the CASHPLUS Mobile app, with no need for branch visits, paperwork, or intermediaries. This exclusive feature makes CASHPLUS the only provider in Morocco to offer digital PayPal withdrawals, enabling freelancers, entrepreneurs, creators, and e-commerce sellers in the country, a frictionless financial experience directly from their mobile phones.

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PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa

Dubai, United Arab Emirates, April 15, 2025 – PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting banks, mobile wallets, and financial institutions.

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PayPal Strengthens UAE Startup and SMB Ecosystem with a Strategic Partnership with Ignyte

Dubai, United Arab Emirates, March 25, 2025 – PayPal, a global digital payments and commerce platform, today announced its partnership with Ignyte, the global digital platform dedicated to supporting startups and SMBs on their growth journey. As a founding partner of Ignyte, PayPal will play a crucial role in enabling entrepreneurs and small businesses to manage payments effortlessly, making it easier for them to operate across borders and grow in the digital economy.

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