PayPal has announced a partnership with TerraPay, a global money movement company based in the London, to enable real-time fund transfers for PayPal users in the Middle East and Africa.

The collaboration aims to simplify cross-border transactions by connecting banks, mobile wallets, and financial institutions, making them faster, more accessible, and easier to use.

With the increasing demand for efficient and secure payment solutions, this partnership addresses gaps in financial connectivity and infrastructure, allowing individuals and businesses in the region to participate more fully in the global economy.

Through PayPal account linking, TerraPay will facilitate seamless transfers for mobile wallet and bank users across the Middle East and Africa.

Otto Williams, Senior Vice President at PayPal, commented,

“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many. By partnering with TerraPay, we’re making it easier for businesses and individuals to make cross-border transactions, quickly, securely, and without friction.”

The partnership aims to improve accessibility for customers by enabling secure fund transfers from mobile wallets and bank accounts to PayPal.

It also expands financial connectivity, allowing millions of customers to transact internationally with greater ease. This development supports financial inclusion, helping businesses and individuals engage in the global digital economy.

Ani Sane, Co-Founder and Chief Business Officer at TerraPay, added,

“With built-in interoperability, TerraPay connects various financial systems, making it easier for businesses to scale and users to transact globally.”

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