Will serve 80 countries in Middle East and Africa from its Dubai Internet City hub; Has signed several deals with regional merchants and partners
PayPal
Latest in PayPal
cross-border payments
PayPal, TerraPay partner to boost real-time digital transfers across Middle East and Africa
The MENA digital payments market, estimated at $251.34 billion in 2025, is expected to reach $422.56 billion by 2030
digital payments
e& enterprise partners with PayPal to expand digital payment options for UAE businesses
This will be particularly beneficial for merchants in the UAE and the region looking to reach customers abroad, driving cross-border commerce and expanding their market reach
crypto
Trump appoints ex PayPal COO David Sacks as AI and crypto czar
The move is seen as another step towards overhauling US policy
Billionaire
Billionaire Peter Thiel signs up to be cryogenically frozen after death for possible future revival
Peter Thiel had co-founded PayPal in 1998 with Elon Musk
Covid-19 pandemic
How digital payments and cross-border business are key enablers for freelancers and SMBs
More than eight in 10 businesses are likely to increase their online presence in the future, and nearly half of them are looking to have their own e-commerce website or app
Arjun Mohan
PayPal co-founder among investors in Dubai start-up
Tenderd has grown to become one of the largest heavy equipment rental marketplaces in the MENA region
Amazon
UAE online spending forecast to reach $9.8bn by end-2018
Report issued by PayPal and Ipsos reveals 81% of adults in UAE shopped online in the past 12 months, up from 68% in 2016
Abu Dhabi
Cross-border online shopping on the rise in UAE, report shows
61 percent of UAE online shoppers bought items from a foreign website in the last 12 months, according to a new report by PayPal and Ipsos