PayPal to shut domestic payments business in India

by Business | 05-02-2021 | 1161 views

US payments giant PayPal Holdings on Friday said it will wind down its domestic payments business in India, which includes payments gateway and aggregator services for merchants, from April 1. The company added it will instead focus on its cross-border payments business, which means global customers will still be able to pay Indian merchants using the service.

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