Paypal Shuts Domestic Payments Business In India Amdi Digital India Push

by Siddharth Chaturvedi Feb 06, 2021 • 05:23 PM Views 16504

 

The central government is busy promoting digital transactions in India, but a major US payments giant has decided to discontinue its business for Indian domestic consumers. PayPal Holdings Inc is going to shut down its domestic payments service in India from 1 April. PayPal helped to generate $1.4 billion in international sales for more than 3.6 lakh merchants in India last year

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