
PayPal Gets RBI Green Light to Operate as Cross-Border Payment Aggregator
The Reserve Bank of India (RBI) has given PayPal Payments Pvt Ltd (PayPal), the Indian division of PayPal Holdings Inc., in-principle permission to function as a Payment AggregatorCrossBorderExports (PA-CB-E). According to a statement from the company, this is a significant turning point in PayPal's activities in India and