Doha — Ooredoo Fintech, a leading digital financial services provider in the MENA region, has announced its strategic collaboration with PayPal, joining the newly launched PayPal World — a global payments platform connecting the world’s largest digital wallets and payment systems. The partnership will enable nearly two billion users to send money, shop online, and transact across borders with ease.
Through this collaboration, Ooredoo Wallet users will gain access to millions of merchants worldwide, allowing them to pay international businesses using local currencies through their preferred domestic wallet. The integration will also make it easier to transfer funds internationally, cutting down on the friction and costs typically associated with cross-border transactions.
Businesses, in turn, will benefit from immediate access to new markets and expanded payment options without additional integration requirements. PayPal World automatically enables merchants to accept payments from new partners as they join the platform, extending global reach and increasing sales potential.
“We have empowered the masses with digital finance in Qatar and replicated this success in Oman and the Maldives. Partnering with PayPal aligns perfectly with our mission to give consumers and merchants access to global financial ecosystems through their local wallet,” said Mirko Giacco, CEO of Ooredoo Fintech.
PayPal CEO Alex Chriss highlighted the transformative potential of the new ecosystem, describing it as “a first-of-its-kind platform that unites many of the world’s largest payment systems.” He emphasized that PayPal World simplifies the complex challenge of cross-border money movement, making it accessible and efficient for nearly two billion consumers and businesses globally.
The partnership underscores Ooredoo Fintech’s growing influence in digital financial inclusion and its commitment to advancing cross-border payment solutions. By combining PayPal’s trusted global network with Ooredoo’s regional expertise, the initiative aims to create a more inclusive and connected digital economy across Qatar, Oman, the Maldives, and future markets.
