 "PayPal introduces online FIRC")
International payments platform PayPal has digitised the Foreign Inward Remittance Certificate (FIRC) application process for the ease of Indian sellers and freelancers.
With the new process, PayPal sellers receiving payments from across the globe can apply for an FIRC online by filling a form on the PayPal website and paying the FIRC fee via NEFT as opposed to the previous process of a Demand Draft (DD), reducing tedious paper work.
“Indian online sellers and freelancers are expected to contribute as much as 40 per cent towards future revenue generation and economic growth. We see immense potential in the
With the new process, PayPal sellers receiving payments from across the globe can apply for an FIRC online by filling a form on the PayPal website and paying the FIRC fee via NEFT as opposed to the previous process of a Demand Draft (DD), reducing tedious paper work.
“Indian online sellers and freelancers are expected to contribute as much as 40 per cent towards future revenue generation and economic growth. We see immense potential in the
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