Ooredoo Fintech to Join PayPal World, Unlocking Seamless Global Commerce for its Consumers and Merchants

_{Mirko Giacco, CEO of Ooredoo Fintech, and Alex Chriss, President and CEO, PayPal}

Doha, Qatar – 30 Sept 2025 – Ooredoo Fintech, one of MENA’s leading digital financial services providers, operating in multiple countries across the region, today announced their intention to form a strategic collaboration with PayPal (NASDAQ: PYPL). Ooredoo Fintech is set to join PayPal World, a global platform connecting the world’s largest payment systems and digital wallets. 

Ooredoo Fintech will join leading global payments systems and digital wallets in enabling nearly two billion users globally to seamlessly send money, shop online, in-store, and with AI agents across borders. Benefits will include: 

• Access to shop at millions more businesses, online, in-store, and with AI agents, 
• Pay international businesses using their domestic payment system or wallet of choice and local currency, 
• Seamless money transfers to users across borders. 

For consumers, PayPal World can enable Ooredoo Wallet users access to millions of merchants globally and the ability to send funds abroad with unprecedented ease, reducing the usual friction and roadblocks associated with international payments.  

PayPal World will connect millions of businesses to nearly two billion consumers worldwide. Businesses will benefit from: 

• Expanded reach into new markets and nearly two billion users, 
• Increased payment options and sales – online, in-store, and with AI agents, 
• Businesses automatically accept new digital payment options at checkout when more partners join the platform, with no additional development work required. 

Mirko Giacco, CEO at Ooredoo Fintech said “We have empowered the masses with digital finance in Qatar and taken this successful model to Oman and the Maldives. With additional markets over time to widen access to modern cost-effective financial solutions. This partnership with PayPal fits perfectly with our mission to empower consumers and merchants with global financial access through their local wallet.”

“PayPal World is a first-of-its-kind payments ecosystem that will bring together many of the world’s largest payment systems and digital wallets on a single platform. It is testament to the passion our partners share for an inclusive, global digital economy and has the potential to revolutionize cross-border commerce,” said Alex Chriss, President and CEO of PayPal. “The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses. We believe PayPal World has the potential to be a real game changer over time.”

The partnership provides individuals and small businesses with a more reliable, affordable, way to access global commerce. It also reinforces Ooredoo Fintech’s leadership as one of the region’s leading providers of digital financial services, expanding wallet use cases beyond what any other provider currently offers. 

By combining Ooredoo Fintechs’ market leadership in digital services with PayPal’s global network and trusted infrastructure, the collaboration lays the foundation for a more connected and inclusive digital financial ecosystem in Qatar and other countries it operates, one that enables fast, more flexible, and more practical digital payments for everyone. 

Forward Looking Statements About PayPal 

This announcement contains forward-looking statements about the timing, features, and anticipated benefits of PayPal World services. Forward looking statements may be identified by words such as “may,” “will,” “would,” “should,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “continue,” “strategy,” “future,” “opportunity,” “plan,” “project,” “forecast,” and other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and readers should not place undue reliance on such statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to timely enter into definitive agreements with wallet partners, the extent to which wallet partners use services offered by PayPal World, potential delays in the launch of PayPal World’s services, the reaction of competitors, inability of participants to obtain necessary regulatory approvals, and unanticipated difficulties in operationalizing PayPal World. 

More information about these and other factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in PayPal Holdings, Inc.’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. All information in this announcement speaks only as of the date hereof.  PayPal assumes no obligation to update any forward-looking statements contained herein. 

Media Relations Contact

Ooredoo Fintech

Muneera Alansari

Muneera.al-ansari@ofti.app

PayPal

Mohammad Ali Sayed (Edelman)

mohammad.sayed@edelman.com