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PAYPAL REMITTANCE BUSINESS
PayPal's UPI push; OpenAI's circling concernsPayPal bets on UPI in India comeback. This and more in today's ETtech Top 5.- Global financial regulations remain complex, says PayPal CEO; calls UPI the first partner on PayPal World platformPayPal CEO Alex Chriss acknowledges global regulatory challenges. He stresses PayPal's commitment to meeting regulatory needs while benefit...
- AI, RBI nod, Amazon tie-up: How Skydo is powering India’s small exportersCo-founder Movin Jain says the RBI licence, Amazon partnership, and AI-led compliance are driving the adoption of Skydo’s solutions among f...
- PayPal, Worldline receive RBI's in-principle nod to operate as cross-border payment aggregatorIn October last year, the RBI had asked payment aggregators offering cross-border payments to secure a separate approval. Before that for a...
- Fintech is making global payments its businessRazorpay, Cashfree, PayGlocal, and new entrants rush for RBI's PA-CB licence to tap into lucrative B2B cross-border payments market. Fintec...
- Will Elon Musk succeed in his ambitions of taking on big US bankers?Elon Musk's musings indicate that he wants Twitter to be more like Tencent Holdings Ltd.’s WeChat, a messaging service turned super-app use...
- Elon Musk the banker wants to take on Dimon where Google failedElon Musk's plan to turn Twitter into a one-stop shop for financial services is not the first time a tech giant has attempted to enter the ...
- Fintechs fear increase in compliance burden after Delhi HC’s order on PayPalDragging every payment player within the ambit of the stringent anti-money-laundering Act will also make Indian payments sector unfriendly ...
- Cross border selling is our focus for small businesses in India: PayPalJim Magats, SVP - Omni Payments, PayPal stated that phenomenal growth was seen in small businesses during the pandemic on the platform.
- ETtech Deals Digest: DealShare, Shiprocket raise funds this weekStartups raised smaller funding rounds this week compared to the previous one. Social commerce platform DealShare and logistics aggregator ...
- PayPal introduces digital Foreign Inward Remittance AdviceThe revised FIRA process is aimed at empowering small businesses to conduct business with international customers, without incurring additi...
- PayPal to wind down India payment operations this yearPayPal will now scale up its existing cross-border trade business for small enterprises to gain a significant share of India's inward remit...
- Coronavirus will permanently change consumer behaviour towards digital in India: PayPal CEOThe Covid crisis is evolving into three phases. It started off as a health crisis. And it’s still that, but then it moved rapidly to an eco...
- PayPal, MoneyGram seek to raise share of $79 billion remittance marketPayPal, which has dominated the payment business in the US and Canada for a good part of two decades, is now looking to tap NRIs.
- PayPal hikes cross-border remittance cap to $50,000PayPal’s international money transfer service Xoom has been opened in over 30 countries, including India, Canada, France, Germany, and UK.
- FIEO, PayPal join hands to simplify international trade for Indian exporters and SMEsUnder this collaboration, PayPal will join FIEO to train SMEs on how to utilise professional opportunities and use technology for safe and ...
- Global payment firms ready to cut more cheques in IndiaPayment multinationals such as US-based Ebix, Naspers-backed PayU, France’s Ingenico Group and PayPal are among those that have established...
- PayPal's India Pay to open for business in a weekWith its new service in India, PayPal will act like a payment aggregator and work with banks to offer digital payment services to its custo...
- PayPal reduces remittance certificate charges by 50% for small sellersPayPal believes it will help in their move to encourage small sellers to sell goods and services globally and use PayPal as their payments ...
- Buoyed by India story, PayPal may bring full suite of payment offeringsPayPal, the company that pioneered online payments, is evaluating options to bring its full suite of payment offerings to India.
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