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UPI and PayPal World: NPCI-PayPal Global Partnership

12 October 20251 min read
BANKING & FINANCEUPI and PayPalWorld:NPCI-PayPalGlobal Partnership12 October 2025safalsetu.com

Why in the news

NPCI and PayPal announced a tie-up at Global Fintech Fest 2025 in Mumbai to connect UPI with PayPal World.

Key facts

  • UPI is the first instant payments platform to be integrated into PayPal World.
  • Goal: seamless interoperable payments for users and merchants across countries.
  • PayPal treats India as a key innovation and workforce hub (its second-largest employee base) and wants to connect UPI, not compete with it.
  • PayPal World enables cross-border wallet-to-wallet transfers and supports local payment systems.

Exam angle

  • Event: Global Fintech Fest 2025; related terms: interoperability, wallet-to-wallet.

Test yourself

1. At which event did NPCI and PayPal announce integrating UPI with PayPal World?

The announcement was made at Global Fintech Fest 2025 in Mumbai.

2. UPI is the first what to be integrated into PayPal World?

UPI is the first instant payments platform integrated into PayPal World.

3. PayPal World is designed to enable which type of transactions?

It supports cross-border wallet-to-wallet transactions.

This topic is part of Daily Current Affairs 11 & 12 October 2025 (15 topics).

All topics of the dayDay quizOctober 2025

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