Dubai-based DP World and PayPal announce a partnership aimed at streamlining digital payments for international trade, promising faster, more transparent transactions.
In an ambitious move to streamline global trade, Dubai's logistics titan DP World has joined forces with the renowned U.S. commerce giant PayPal. The collaboration is set to revolutionize digital payment processes by significantly reducing the time required for cross-border transactions.
This innovative initiative promises to execute payments within minutes rather than days, underscoring DP World's dedication to enhancing secure and scalable digital payment platforms. It offers an unprecedented solution enabling merchants, shippers, exporters, importers, and marketplaces worldwide to conduct cross-border transactions with increased transparency while lowering costs.
Collaboration Aims for Efficiency
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, emphasized the importance of speed and transparency in logistics-related payments. He stated: "Our collaboration with PayPal will provide our customers reliable options for quicker and more transparent payments without compromising security."
He further highlighted that this new approach empowers businesses of all sizes to expand rapidly across diverse markets by simplifying global transactions.
The synergy of DP World's extensive supply chain experience combined with PayPal’s robust payment infrastructure aims to alleviate friction in international trade. By fostering efficiency and confidence among businesses engaged in global commerce, it marks another significant milestone in transforming supply chains.
Alex Chriss, President and CEO of PayPal, echoed these sentiments: "Fast, transparent, and secure payments are vital for successful global trade-this partnership sets a new benchmark." Chriss commended this development occurring within a region poised as a burgeoning hub for digital innovation.
A recent visit by Chriss to the UAE included discussions with Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum on enhancing digital payment systems' role in boosting e-commerce growth. These talks aligned with the UAE’s broader vision of establishing itself as a central player in the financial industry through innovation.
Founded back in 1998, PayPal closed 2024 serving over 434 million active accounts across more than 200 markets globally. Its achievements include processing $1.68 trillion through 26 billion transactions last year alone.
A pivotal step in April 2025 saw PayPal inaugurate its regional headquarters at Dubai Internet City-an essential stride marking its Middle East expansion strategy-poised strategically across approximately 80 countries within this vibrant region.
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