Global digital payments pioneer PayPal is set to offer domestic payment services in India from next week, said people aware of the matter, entering a market rapidly overcrowding with domestic and global companies.
PayPal, which has established a local subsidiary , would have to battle market leader Paytm as well as Google's Tez,Facebook's WhatsApp, Flipkart-ownedPhonepe, and Amazon Pay for a share of India's retail payments pie.
"PayPal has tied up with a dozen merchants to start off their operations in India, where during the online checkout process customers will be shown the PayPal payment option," said one of the persons familiar with the development.
