Fiserv, PayPal partner to simplify global payments

By Vriti Gothi

Fiserv, Inc., a payments and financial technology company, and PayPal Holdings, Inc., a digital commerce and financial services company, have partnered to make their digital currencies FIUSD and PYUSD work together, simplifying fast and secure global payments.

The initiative marks a significant milestone in the evolution of stablecoin-powered payment infrastructure, aligning with both companies’ commitment to driving digital transformation and financial inclusion at scale.

The collaboration aims to streamline domestic and cross-border fund transfers, reduce settlement friction, and empower merchants and financial institutions to offer next-generation, blockchain-enabled payment solutions. Leveraging the combined reach and technical expertise of Fiserv and PayPal, the initiative will embed stablecoins into real-world financial and commercial use cases, transforming how money moves across platforms, borders, and ecosystems.

The companies will explore a wide array of integration opportunities, including cross-border remittances, real-time merchant settlements, automated payouts, and embedded financial services, underpinned by stablecoin infrastructure. Interoperability between FIUSD and PYUSD will serve as a cornerstone for developing a more inclusive, programmable, and scalable global financial ecosystem.

As part of the announcement, Fiserv unveiled its plans to develop and launch FIUSD, a bank-friendly, compliance-first stablecoin that will empower financial institutions of all sizes to integrate digital asset capabilities within existing banking and payment infrastructures. Designed for regulatory alignment and interoperability, FIUSD represents a foundational pillar in Fiserv’s digital asset roadmap.

This partnership underscores a shared vision between Fiserv and PayPal to redefine how money moves in the digital age, ensuring secure, real-time, and cost-efficient access to financial services across global markets. Through programmable payments and blockchain-native infrastructure, the companies aim to reduce reliance on legacy rails while maintaining trust, transparency, and compliance, particularly in regulated and Shariah-compliant environments.

Looking ahead, both firms will continue to collaborate on expanding access to stablecoin-powered tools, APIs, and integrations for banks, FinTechs, and merchant platforms. Key priorities include enhancing wallet-to-wallet transfers, embedding smart contract logic into payment flows, and enabling dynamic FX conversions powered by stablecoins.

Stablecoins such as PYUSD and FIUSD are not FDIC- or SIPC-insured. Use of these assets is governed by the respective Terms and Conditions. Fiserv and PayPal recommend that users assess the appropriateness of digital asset usage based on their financial and regulatory context.

Takis Georgakopoulos, COO at Fiserv, said, “Our expanded relationship with PayPal furthers our mission to scale stablecoin-powered payments, leveraging our position at the intersection of banking and commerce to build more efficiency and optionality into the payments ecosystem.”

Frank Keller, executive vice president at PayPal, said, “Businesses around the globe face common problems. They don’t receive funds fast enough, they are combating inflation, and many face currency value fluctuations. Blockchain-based technology solves many of these challenges by enabling faster transfers, at any time of day, nearly anywhere around the globe. Together with Fiserv, we will help bridge the gap between traditional financial systems and new technologies, enabling faster, more cost-effective, and globally accessible payment options for merchants.”