Topic: cross-border payments
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Alipay+ Expands to Saudi Arabia, Enabling QR Payments for Merchants
The Saudi Central Bank and Ant International are partnering to introduce cross-border QR payments by 2026, enhancing financial inclusion and supporting Saudi Vision 2030. This integration will allow Saudi merchants to accept payments from over 1.7 billion users across 36 digital wallets, boosting...
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PayPal Expands Cross-Border Payments for 2B Users via China & India Wallets
PayPal launched PayPal World, a global payments platform connecting over two billion users by integrating major digital wallets like Weixin Pay and UPI for seamless cross-border transactions. The platform is expanding partnerships to include Latin America’s Mercado Pago, creating one of the l...
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Shield Raises $5M From a16z Crypto to Simplify Global Crypto Payments
Shield raised $5 million in seed funding, led by Giant Ventures with participation from a16z crypto and others, bringing its total funding to $7 million to expand banking partnerships and compliance infrastructure. The company, founded in 2022, pivoted in 2024 to focus on cross-border payments us...
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