{"id":314959,"date":"2025-12-14T03:45:17","date_gmt":"2025-12-14T03:45:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/314959\/"},"modified":"2025-12-14T03:45:17","modified_gmt":"2025-12-14T03:45:17","slug":"paypal-plans-africa-global-digital-wallet-launch-in-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/314959\/","title":{"rendered":"PayPal plans Africa global digital wallet launch in 2026"},"content":{"rendered":"<p>PayPal already partners with some fintechs in Africa, including M-Pesa and Flutterwave, to enable local payments. But PayPal World would not only enable payment overseas and switching between wallets, but merchants using PayPal could accept payments from local wallets without having to invest in new technology, such as point of sale (POS) machines, to integrate with the various providers.<\/p>\n<p>Williams said the aim was to solve specific problems, such as being unable to pay for goods overseas because a digital wallet wasn\u2019t backed by Visa or Mastercard, or the inability to scan a M-Pesa QR code to make a payment via a PayPal wallet.<\/p>\n<p>Partners already announced for PayPal World include National Payments Corporation of India\u2019s UPI, China\u2019s WeChat Pay, Brazil\u2019s Mercado Pago, which Williams said represented a combined total of 2 billion wallet users.<\/p>\n<p>In September, PayPal announced a commitment to invest <a href=\"https:\/\/newsroom.paypal-corp.com\/2025-09-24-PayPal-Commits-100-Million-to-Accelerate-Digital-Growth-Across-the-Middle-East-and-Africa\" class=\"styles_linkEmbed__SNmaX\" rel=\"noopener nofollow\" target=\"_blank\">$100 million in the Middle East and Africa<\/a> to drive innovation and support entrepreneurs. Williams said the funds would include venture investment.<\/p>\n<p>\u201cWe\u2019re looking at bringing more of our capabilities,\u201d said Williams. \u201cWe\u2019re looking at hiring staff across the continent and across the region to continue to scale the business.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"PayPal already partners with some fintechs in Africa, including M-Pesa and Flutterwave, to enable local payments. But PayPal&hellip;\n","protected":false},"author":2,"featured_media":314960,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[2306,86,56,54,55],"class_list":{"0":"post-314959","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-mobile","9":"tag-technology","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/314959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=314959"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/314959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/314960"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=314959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=314959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=314959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}