PayPal Holdings Inc (NASDAQ:PYPL) has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo.

PayPal World is expected to go live beginning this fall with all partners interoperable with PayPal and Venmo. The platform is purpose-built to allow further interoperability if partner wallets decide to pursue that in the future, further expanding reach and acceptance across borders.

Leveraging open commerce APIs, PayPal World solves the complexity of cross border commerce with a cloud native, multi-region deployment architecture that ensures low latency and high availability worldwide. The platform is designed with robust safety and security capabilities, creating a device and technology-agnostic environment for all partners.

Digital payment systems and wallets will play an essential role in enabling agentic shopping, where consumers can shop and pay in conversation with AI agents using their digital wallet. In addition, the platform will be compatible with the latest technologies and commerce experiences including, over time, dynamic payment buttons and stablecoin.

The first payment systems and digital wallets that will launch with PayPal World are (in alphabetical order):

• Mercado Pago (MOU signed – further details being scoped)
• NPCI International Payments Limited (UPI)
• PayPal
• Tenpay Global
• Venmo

“PayPal World is a first-of-its-kind payments ecosystem that will bring together many of the world’s largest payment systems and digital wallets on a single platform. It is testament to the passion our partners share for an inclusive, global digital economy and has the potential to revolutionize cross-border commerce,” said Alex Chriss, President and CEO of PayPal. “The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses. We believe the changes we are announcing today have the potential to be a real game changer over time. We can’t wait to welcome many more global partners, wallets, and their users soon.”

As part of PayPal World, PayPal and Venmo will become seamlessly interoperable for the first time, expanding access to global peer-to-peer payments. This new functionality will allow PayPal and Venmo users to send money to each other, anywhere in the world. This marks a pivotal moment for Venmo and PayPal, connecting one of the most iconic social payments platforms to the full scale of PayPal’s global network.

In addition to peer-to-peer payments, coming in 2026, Venmo users will be able to shop both online and in-store at millions of merchants globally that accept PayPal. For merchants, it’s a new way to reach Venmo’s base of younger, urban, affluent, and digitally native consumers. This will expand the reach of PayPal’s two-sided network, driving more demand for merchants and offering consumers more choice and flexibility.

Connecting Venmo to PayPal World is the next step in expanding its utility and unlocking more value for both consumers and merchants. It will enable everything from everyday payments and in-store commerce to international money movement on a global scale.