Ooredoo Fintech , one of MENA's leading digital financial services providers, operating in multiple countries across the region, today announced their intention to form a strategic collaboration with PayPal. Ooredoo Fintech is set to join PayPal World, a global platform connecting the world's largest payment systems and digital wallets.
Ooredoo Fintech will join leading global payments systems and digital wallets in enabling nearly two billion users globally to seamlessly send money, shop online, in-store, and with AI agents across borders. Benefits will include:
Access to shop at millions more businesses, online, in-store, and with AI agents,
Pay international businesses using their domestic payment system or wallet of choice and local currency,
Seamless money transfers to users across borders.
For consumers, PayPal World can enable Ooredoo Wallet users access to millions of merchants globally and the ability to send funds abroad with unprecedented ease, reducing the usual friction and roadblocks associated with international payments.
PayPal World will connect millions of businesses to nearly two billion consumers worldwide. Businesses will benefit from:Expanded reach into new markets and nearly two billion users,
Increased payment options and sales - online, in-store, and with AI agents,
Businesses automatically accept new digital payment options at checkout when more partners join the platform, with no additional development work required.
"We have empowered the masses with digital finance in Qatar and taken this successful model to Oman and the Maldives. With additional markets over time to widen access to modern cost-effective financial solutions. This partnership with PayPal fits perfectly with our mission to empower consumers and merchants with global financial access through their local wallet.
