PayPal to shut down domestic payment operations in India

Barely fours years after they introduced local digital payments in India, PayPal has decided to wind down this service. However, the company would continue with its cross-border payment facilitation with a focus on the small and medium companies doing business overseas.

In a statement, the company announced that from April 1, 2021, the US-based digital payment giant would only focus on its services on international payments. Ironically, when reports of such a move had first emerged last December, the company had vehemently denied it. 





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PayPal to shut down domestic payment operations in India

by govindparmar time to read: 2 min
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