Currently, 300,000 merchants in Brazil use PayPal
HDFC Bank has more than 35 million credit and debit cards issued in India, while PayPal is available in more than 200 markets globally
In its first campaign for India, digital payment service provider PayPal highlights the safety and security features its platform offers
The digital payments space is currently dominated by Paytm, PhonePe and Amazon Pay in India
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
PayPal enters India as payment aggregator
Many factors contributed to PayPal's second-quarter earning
Investors say it served as payment processor for about $134 mn in investments in Traffic Monsoon
Founded in 2010, FreeCharge was acquired by Snapdeal in April 2015 for nearly $450 mn
Experts believe that the time is right for PayPal to make an entry into India
The extended refund period will be applicable for all its users covering both goods and services
In case of unauthorised transaction complaint by the buyer, the PayPal Resolution Centre will investigate
Pahuja will be responsible for all aspects of PayPal's India business