PayPal has announced the launch of "PayPal World," a platform designed to simplify cross-border payments for over two billion users globally. This initiative integrates with India’s NPCI International Payments, China’s Tenpay Global, and Latin America's Mercado Pago. Alex Chriss, CEO of PayPal, states this innovative system will ease the complexities of international transactions. Through this platform, users can seamlessly transact using local payment systems, marking a significant advancement in fintech.