PayPal expands cross-border reach in MEA with TerraPay partnership

PayPal has announced a strategic partnership with TerraPay to enable real-time cross-border fund transfers for customers across the Middle East and Africa (MEA). The collaboration aims to improve access to global financial systems by connecting banks, mobile wallets, and financial institutions across the region.

Through this partnership, users across the MEA will be able to securely link their bank accounts or mobile wallets with PayPal, enabling seamless and fast fund transfers. TerraPay will serve as the technical enabler, supporting PayPal’s push to expand financial connectivity in emerging markets.