Friday, 24 March, 2023

PayPal to shut domestic payments business in India

<p>PayPal will shut down its India payments business from April 1. It will focus on its cross-border payments business, which means global customers will still be able to pay Indian merchants using PayPal. &quot;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,&quot; the company said. PayPal was a payments options on MakeMy Trip, BookMyShow, Swiggy.</p> <p>&nbsp;</p>