PayPal India Pay Launching This Week - Can It Stand Out?
PayPal India Pay will act as a payment aggregator for a number of services in the country. They will work with banks and merchants to facilitate digital payment services for their customers. Paypal will not operate as a digital wallet, but will use the Unified Payments Interface (UPI) infrastructure via banks to facilitate their domestic payments model. PayPal will work primarily on buyer security and safety, which is going to be a huge positive for the Indian consumers.