PayPal expands cross-border reach in MEA with TerraPay partnership

By Gloria Methri

PayPal has announced a strategic partnership with TerraPay to enable real-time cross-border fund transfers for customers across the Middle East and Africa (MEA). The collaboration aims to improve access to global financial systems by connecting banks, mobile wallets, and financial institutions across the region.

Through this partnership, users across the MEA will be able to securely link their bank accounts or mobile wallets with PayPal, enabling seamless and fast fund transfers. TerraPay will serve as the technical enabler, supporting PayPal’s push to expand financial connectivity in emerging markets.

“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 are 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 partnership is expected to address key infrastructure gaps and promote financial inclusion, allowing individuals and businesses to participate more actively in the global digital economy.

“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.”