PayPal World will facilitate cross-border, multi-currency payments, with launch partners from the US, China, India and Mexico.

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.

The move aims to streamline the process of sending money, shopping online, and making in-store purchases across international borders.