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PayPal enters India as payment aggregator; Flipkart, Amazon not on board

Plans a slew of value-added services for Indian markets

Stock-based compensation to employees behind PayPal's impressive numbers

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PayPal revenues grew to $3.14 billion in the quarter that ended in June, an increase of 18 per cent over the same period last year

Romita Majumdar Mumbai

Last Updated : Nov 08 2017 | 9:03 PM IST

Global digital payment giant PayPal Holdings announced the launch of its domestic operations in India as a "value-added payment aggregator".

Merchants offering PayPal will be able to process both local and global payments through PayPal, getting access to PayPal's 218 million customers around the world and in India through a single integration, said the company.

"Today is a landmark day for us at PayPal as we launch our domestic service in a market which has all the ingredients to become a true digital economy. India's digital payments journey is on a high growth trajectory and we are proud to be

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