PayPal, a global leader in digital payments has strengthened its presence across India’s $800 million Edutech sector through its partnership with leading brands including upGrad.
Smaller, niche businesses started as a trend in many countries have slowly transformed to become strong pillars of growth for economies.
Mumbai, 13th October 2021: PayPal, a global leader in digital payments today signed a Memorandum of Understanding (MoU) with the Indian Institute of Foreign Trade (IIFT).
The impact of the second wave of the pandemic was profound and severe. The medical infrastructure was unprepared for the enormity of the crisis and patients were unable to get access to timely.
The pace of change on account of the pandemic has led to several innovations. These have been driven by companies that understood the need to adopt digital in order to both survive and thrive.
PayPal has collaborated with SankalpTaru Foundation to launch project PayPal Dharma- planting trees for an inclusive climate future.
Having been with PayPal for over a decade, Jeyakrishna Ramamoorthy has had the opportunity to see the company evolve into a global leader in digital payments.
PayPal employees have the opportunity to serve the needs of the communities in which they live and work through the company’s Community Impact Program.
The acquisition will expand capabilities, distribution and relevance in the domestic payments market in Japan.
PayPal India’s total transaction value jumped 40% from a year earlier in the June quarter as small businesses sold goods and services to overseas consumers amid the second covid wave.