Paypal In India

PayPal to integrate UPI for cross-border payments with global partners

PayPal is partnering with NPCI International and global wallets to enable Indian users to make cross-border payments using UPI, starting with US-based merchants

PayPal receives RBI nod to operate as cross-border payment aggregator

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment AggregatorCross BorderExports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement. The approval comes as India's exports reached USD 73.8 billion in April 2025, underscoring the increasing momentum in cross-border trade. "The in-principle PA-CB-E approval by RBI is a significant milestone for PayPal. It reflects the strength of India's regulatory vision and the progress toward seamless, secure cross-border transactions. As India grows into a global export hub, PayPal remains committed to empowering Indian businesses with trusted digital payment solutions," Nath Parameshwaran, Senior Director - Government Relations at PayPal India, said. Wi

PayPal maintains annual revenue, profit estimates amid US trade uncertainty

The company's results show that consumers are continuing to spend despite worries that Trump's trade war could lead to a recession

PayPal-backed Mintoak strikes India's 1st e-rupee deal, worth $3.5 mn

PayPal and HDFC Bank backed Mintoak has completed the acquisition of Digiledge, which specialises in CBDC and bill payments services

PayPal to cut around 2,500 jobs as company grapples with competition

PayPal, which employed around 29,900 workers at the end of 2022, announced a similar round of cuts last January. The latest move will affect about 2,500 workers

PayPal moves HC against order holding it as payment system operator

American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it. Senior counsel appearing for PayPal argued before a bench headed by Chief Justice Satish Chandra Sharma that the order passed by a single judge of the high court was wrong. Senior advocate Mukul Rohatgi, appearing for the appellant, also said that the single judge's order cannot be sustained in view of a recent decision of the high court on the issue of payment system operator. The bench, also comprising Justice Sanjeev Narula, listed the appeal for further hearing in September. On July 24, the single judge had set aside a penalty of Rs 96 lakh imposed on PayPal by Financial Intelligence Unit (FIU) -- India for alleged non-compliance with the "reporting obligations" under the law against money laundering. It had also ruled

Delhi High Court's Paypal order to impact fintech compliance costs

US-based PayPal and other payment operators in India will face increased regulatory costs due to the recent Delhi High Court ruling on compliance with the Prevention of Money Laundering Act

PayPal says it is currently not pursuing Pinterest acquisition

Some analysts now think Pinterest could attract interest from other bidders down the road

India is bedrock of development capabilities, will continue to hire: PayPal

Digital payment solutions provider PayPal said India is the "bedrock" of its development capabilities and it continues to hire aggressively in the country to further build and drive the teams

PayPal to shut shop in India from April 1, focus on global customers

PayPal was a payments options on many Indian online apps such as travel and ticketing service MakeMy Trip, online film booking app BookMyShow and food delivery app Swiggy

PayPal considers data localisation for India, sets up operating centre

The RBI had, in April last year, asked payment firms to ensure their data were stored exclusively on local servers, setting a tight six-month deadline for compliance

PayPal India plans to hire 600 techies by December in AI, ML domains

Digital payments major PayPal views India as a key growth market and plans to hire as many as 600 techies by December including in the Artificial Intelligence (AI) and Machine Learning (ML) domains. "We plan to increase the headcount by 600 in 2018. Some of the job roles that PayPal intends to hire for include application developers- Java, Node JS; back-end developers- data engineers, data experts and product managers," Guru Bhat, GM Technology & Head of Engineering, PayPal told PTI. PayPal has two tech centres in Chennai and Bengaluru. Its current headcount of 1,700 has doubled since 2016. "For PayPal, the India centres are key and strategic. This is a great opportunity for us in terms of not just business but also to leverage the great talent that exists here," Bhat said. He added that the company will recruit fresh as well as lateral hires who will be contributing in the areas of AI and ML. Bhat noted that digital payments space in India is extremely exciting at present as the

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

Plans a slew of value-added services for Indian markets

Paytm watch out! Finally, PayPal is in India

PayPal Holdings, Inc, said: At launch, Indian consumers can use PayPal to shop online at some of India's most popular businesses