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US company PayPal partners with Razorpay to help small businesses go global

The partnership will make international payments seamless and safer, reducing wait time from days down to minutes

Photo: Reuters
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After having faced stiff challenges due to the ongoing pandemic, Indian SMEs are hoping to bounce back by leveraging digital technologies. | Photo: Reuters

Peerzada Abrar Bengaluru
Financial technology unicorn Razorpay has formed a partnership with global digital payments company PayPal to enable seamless international payments for MSMEs (micro, small and medium enterprises) and freelancers. The company’s partner businesses can now integrate with PayPal and accept payments from international customers from across 200 markets in a convenient and secure manner, reducing wait time from days down to minutes.

“MSMEs have been impacted the most by disruptions caused by the ongoing pandemic,” said Amitabh Tewary, chief innovation officer, Razorpay. “We at Razorpay are striving to help them overcome their payment and banking-related challenges to accelerate the pace of adoption

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