PayPal to Create Global Digital Wallet Platform With Tenpay, UPI
The company's PayPal World platform will allow 'interoperability' between the local digital wallets and PayPal, according to a statement. Its initial partners on the platform include MercadoLibre 's Mercado Pago, National Payments Corporation of India 's UPI and Tencent Holdings ' Tenpay Global, meaning customers with those wallets will be able to send money internationally or shop overseas by clicking on the PayPal button without needing to set up a PayPal account from scratch.
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