PayPal Stock Jumps After Naming India's UPI As First Global Payments Partner

Benzinga
2025.10.07 15:20
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PayPal Holdings, Inc. (NASDAQ:PYPL) shares rose 5.78% to $75.41 after CEO announced India's Unified Payments Interface (UPI) as its first global payments partner. This collaboration with NPCI International Payments Limited aims to enhance international digital payments. Additionally, PayPal launched Ads Manager for small businesses to create retail media networks without upfront costs. The company also introduced a 5% cash back on buy now, pay later purchases to support U.S. shoppers during the holiday season. Investors can access PYPL through Amplify Digital Payments ETF and Global X FinTech ETF.

PayPal Holdings, Inc. (NASDAQ:PYPL) shares are trading higher following reports suggesting that the company’s CEO announced India’s Unified Payments Interface (UPI) as the first PayPal World partner on Tuesday.

A local Indian news channel reported that PayPal and NPCI International Payments Limited (NIPL) have collaborated to integrate UPI into the PayPal World platform, aiming to enhance international digital payment capabilities.

Apart from this, in a separate release, PayPal introduced PayPal Ads Manager, a new platform that enables small businesses using PayPal to run their own retail media networks and open up new revenue opportunities.

PayPal Ads Manager will let small businesses earn from their existing store traffic with no upfront costs or commitments.

Also Read: PayPal Expands Honey With AI Shopping Tools To Turn Searches Into Purchases

After a quick SDK integration, merchants can set ad preferences and instantly create new inventory for brands targeting high-intent shoppers.

PayPal automates ad placement and delivery, while businesses can monitor performance directly through the PayPal Merchant Portal.

On Monday, the company launched 5% cash back on buy now, pay later (BNPL) purchases to ease holiday spending stress for U.S. shoppers.

Investors can gain exposure to the stock via Amplify Digital Payments ETF (NYSE:IPAY) and Global X FinTech ETF (NASDAQ:FINX).

Price Action: PYPL shares are up 5.78% at $75.41 at the last check on Tuesday.

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