PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier. The platform will allow users to pay others using their local wallets and payment systems.

PayPal is developing a global platform, PayPal World, to integrate domestic digital wallets like UPI and China's Tenpay with its international network.

In a significant push for cross-border digital payments, US-based payments giant PayPal has announced its integration with India’s Unified Payments Interface