e& enterprise, the digital transformation arm of e&, has announced a strategic partnership with PayPal, a globally recognized payment solutions provider. This three-year collaboration aims to enhance the payment capabilities available through the e& enterprise digital payments platform, enabling businesses in the UAE and beyond to offer a wider range of payment options.

The integration will utilize e& enterprise’s unified integration APIs, allowing businesses to seamlessly adopt PayPal as a payment method through a single interface. This agreement streamlines the process for businesses, enabling them to quickly activate the PayPal wallet as a payment option while eliminating the complexities associated with extensive IT development. This connection facilitates merchants in linking to the e& enterprise Payments Gateway (EPG) platform to accept and process payments via PayPal.

According to Economy Middle East, Miguel Angel Villalonga, the chief operating officer of e& enterprise, told that digital payments are transforming how businesses operate and are reshaping customer expectations regarding speed, security, and convenience. He emphasized that the partnership with PayPal will equip companies with versatile and efficient payment solutions necessary for competing in the global digital economy without the burden of investing in costly infrastructure.

Otto Williams, the regional head and general manager for the Middle East and Africa at PayPal, expressed his excitement about bringing PayPal to e& enterprise’s flagship Payments Gateway, which serves some of the largest enterprises and government services in the region. With over 400 million active PayPal accounts globally, he noted that providing this widely recognized payment option will help businesses meet consumer demands for payment flexibility.

The inclusion of PayPal in the e& enterprise payments platform will benefit various stakeholders by increasing merchant attractiveness to a broader customer base and improving acceptance of cross-border payments. This is particularly advantageous for UAE merchants looking to connect with international customers, thus fostering cross-border commerce and expanding their market reach.

In addition, the partnership aims to enhance transparency and sustainability for businesses. Customers will have access to reliable payment options that ensure transparency for every transaction. They will also have the opportunity to support carbon offset initiatives, allowing consumers to track the environmental impact of their transactions and contribute to offsetting their carbon footprint through trusted causes.

e& enterprise anticipates that PayPal’s established global network will boost electronic exports among merchants, leading to higher authorization rates for cross-border payments, smoother transactions, and increased revenue. The integration of PayPal’s advanced product into e& enterprise’s offerings further solidifies its position as a leader in comprehensive payment solutions within the UAE and globally, allowing businesses to effectively cater to international customers.