UAE - Mubasher: PayPal launched a new regional hub in Dubai, which serves as the company’s first-ever location in the Middle East and Africa (MEA) region.
The Dubai Internet City office anchors PayPal’s commitment to enabling millions more consumers and businesses to access the global digital economy, according to a press release.
The expansion will bring global commerce capabilities to the region, including frictionless payments, robust security, and broader access to international payment networks. This will enable major enterprises and small businesses to sell across borders.
Suzan Kereere, President of Global Markets at PayPal, commented: “We proudly serve over 430 million customers worldwide today, and we hope to reach many more from our new regional hub for the Middle East and Africa. We want to empower businesses in this region to connect with our global consumers, while enabling consumers here to shop with confidence internationally.”
As artificial intelligence rapidly transforms the way we shop and pay, PayPal is developing its next generation shopping experiences at speed, including smart wallets and agentic commerce,” Kereere added.
Otto Williams, Senior Vice President, Regional Head and General Manager of PayPal Middle East and Africa, said: “With our new regional hub in Dubai, we are poised to achieve much more, particularly for small and medium-sized businesses, who we will equip with the tools to attract, convert and retain customers on a global scale.”
Earlier this month, PayPal and TerraPay joined forces to enable real-time fund transfers for PayPal customers across the MEA region.