PayPal, a global leader in digital payments and commerce, has announced a strategic partnership with TerraPay, a prominent global money movement network. The collaboration is designed to enable real-time fund transfers for PayPal users across the Middle East and Africa (MEA), aiming to accelerate economic development through more efficient, accessible, and seamless cross-border transactions.
By integrating TerraPay’s robust infrastructure with PayPal’s global reach, the partnership enhances connectivity between banks, mobile wallets, and financial institutions, supporting faster and more secure international money transfers. The move aligns with the growing demand for streamlined digital financial solutions in the MEA region.
The digital payments market in the MENA region is on a rapid growth trajectory. According to data from Mordor Intelligence, it is projected to reach USD 251.34 billion in 2025 and grow to USD 422.56 billion by 2030. This rising demand underscores the need for scalable, secure financial ecosystems that can support digital inclusion and economic participation on a global scale.
Through this partnership, users will benefit from secure account linking that allows seamless fund transfers from mobile wallets and bank accounts directly into PayPal. TerraPay’s role as an enabler will open up new pathways for millions of individuals and businesses across the MEA region to participate more fully in the digital economy.
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“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many,” said Otto Williams, Senior Vice President, Regional Head and General Manager, Middle East and Africa, at PayPal. “At PayPal, we’re committed to changing that. By partnering with TerraPay, we’re making it easier for businesses and individuals to make cross-border transactions, quickly, securely, and without friction. Together, we’re helping unlock economic opportunity and build a more connected, inclusive financial future for the Middle East and Africa region.”
The collaboration will drive significant benefits for users, including:
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Secure Account Integration – Enabling real-time, secure transfers from mobile wallets and bank accounts to PayPal.
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Broader Financial Connectivity – Supporting international transactions for millions of users, enhancing their ability to operate globally.
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Improved Financial Inclusion – Empowering individuals and small businesses with better access to global commerce opportunities.
“Our mission at TerraPay is to create a world where digital transactions are effortless, secure, and accessible to all,” said Ani Sane, Co-Founder and Chief Business Officer at TerraPay. “This partnership with PayPal marks a major milestone in expanding financial access across the Middle East and Africa, where our strong global infrastructure, helps overcome the limitations of traditional banking. With built-in interoperability, TerraPay connects various financial systems, from banks to mobile wallets, making it easier for businesses to scale and users to transact seamlessly on a global scale. Together, we are driving a new era of digital payments.”
As cross-border commerce continues to expand in the MEA region, both PayPal and TerraPay reaffirm their commitment to delivering innovative and secure digital financial services. Their joint efforts aim to foster a more inclusive financial landscape that empowers users and unlocks new opportunities across borders.