PAYPAL HOLDINGS INC TO WIND UP ITS DOMESTIC PAYMENTS BUSINESS IN INDIA

Highlights

• According to the statement issued by PayPal Holdings Inc, it has decided to shut down its domestic payments businesses in India from April 1

• Irrespective of this shutdown, all other customers outside India will still be able to pay Indian merchants with the help of PayPal

• The company further said “This means we will no longer offer domestic payment services within India from 1....