PayPal is shutting down domestic payments business in India

PayPal is shutting down domestic payments business in India

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/02/04/paypal-is-shutting-down-domestic-payments-business-in-india/

PayPal is shutting down its domestic business in India, less than four years after the American giant kickstarted local operations in the world’s second largest internet market.

“From 1 April 2021, we will focus all our attention on enabling more international sales for Indian businesses, and shift focus away from our domestic products in India. This means we will no longer offer domestic payment services within India from 1 April,” said a company spokesperson.

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