PayPal Gets RBI’s In-Principle Nod To Operate As PA

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SUMMARY

PayPal Payments has reportedly received the Reserve Bank of India’s approval to operate as a PA-CB-E

The in-principle PA-CB-E approval by RBI reflects the strength of India’s regulatory vision and the progress toward secure cross-border transactions

PayPal will be able to process cross-border online transactions for the merchants to engage in export of goods and services under a regulated framework

NASDAQ-listed PayPal Holdings Inc’s Indian subsidiary PayPal…



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PayPal Gets RBI’s In-Principle Nod To Operate As PA


SUMMARY

PayPal Payments has reportedly received the Reserve Bank of India’s approval to operate as a PA-CB-E

The in-principle PA-CB-E approval by RBI reflects the strength of India’s regulatory vision and the progress toward secure cross-border transactions

PayPal will be able to process cross-border online transactions for the merchants to engage in export of goods and services under a regulated framework

NASDAQ-listed PayPal Holdings Inc’s Indian subsidiary PayPal…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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