PayPal Partners with TerraPay to Enhance Cross-Border Transactions in Middle East and Africa
Tech In Africa | Grace Ashiru - Apr 15, 2025
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  • PayPal announces a strategic collaboration with TerraPay to facilitate real-time fund transfers.
  • The partnership aims to streamline cross-border transactions for users in the Middle East and Africa.
  • TerraPay will enable users to transfer funds directly into their PayPal accounts from mobile wallets and bank accounts.
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The collaboration between PayPal and TerraPay is a significant step towards enhancing financial accessibility in the Middle East and Africa. By leveraging technology to bridge gaps in traditional banking, this partnership could lead to substantial economic growth and empowerment for individuals and businesses alike. However, the success of this initiative will depend on effective implementation and user adoption in the region.
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