PayPal says it will wind down its domestic payment operations in India by April 1 and focus on its existing cross-border trade business
PayPal will wind down its payment operations in India this year. Instead, it will scale up its existing cross-border trade business for small enterprises to gain a significant share of the inward remittances market, the world's largest currently. https://m.economictimes.com/ ... Anuraag Saxena / @anuraag_saxena : This is a David-Goliath moment! Domestic alternatives like @Paytm have felled deep-pocket behemoths like #PayPal. I'll bet we'll see a domino effect across a dozen industries by 2025. https://techcrunch.com/... @vijayshekhar #PayTM
this is unexpected just from a branding perspective. But, oddly makes sense. I know more people who recommend @Xoom than use PayPal over Paytm and Google. https://www.techmeme.com/...
🚨🚨IMP— PayPal will wind down its payment operations in India this year. Instead, it will scale up its existing cross-border trade business for small enterprises to gain a significant share of the inward remittances market, the world's largest currently. https://m.economictimes.co…
This is a David-Goliath moment! Domestic alternatives like @Paytm have felled deep-pocket behemoths like #PayPal. I'll bet we'll see a domino effect across a dozen industries by 2025. https://techcrunch.com/... @vijayshekhar #PayTM