Paypal To Shut Domestic Payments Business In India
"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," the San Jose, California-based company said.
PayPal Holdings will wind down its domestic payments business in India from April 1, the company said in a statement on Friday. "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," the San Jose, California-based company said. "This means we will no longer offer domestic payment services within India from 1 April," the company added.
