DP World, PayPal to fast-track cross-border trade payments

DP World has inked a deal with PayPal to launch a digital payments initiative aimed at streamlining cross-border trade. The pact is likely to accelerate global transactions and reduce settlement time from days to just minutes. The new initiative reflects DP World’s ongoing commitment to creating a secure, scalable, and efficient marketplace for digital payments in logistics and trade sectors. By leveraging digital technology, the programme is designed to enable global merchants, shippers, exporters, importers, and marketplaces to complete cross-border payments with transparency and reduced costs. This collaboration highlights the integration of logistics and financial technology, addressing one of the critical bottlenecks in global trade. By linking payments directly to logistics operations, businesses can experience smoother cash flows, improved operational efficiency, and more reliable financial tracking.