In conversation with ETCIO, Dr. V. Chandramouliswaran, Senior Director, Global Financial Crimes and Customer Protection & Chennai Centre.
The Common Services Centers of the Ministry of Electronics & Information Technology has partnered with PayPal to offer immediate COVID-19 relief facilities and drive awareness campaigns.
PayPal, a global leader in digital payments, introduced an automated process to obtain the monthly Foreign Inward Remittance Advice (FIRA).
The pandemic brought about a wave of digital transformation over the past year, which would have otherwise taken close to five years.
Growing digital connectivity clubbed with the rise of online shopping gave rise to borderless economies.