PayPal seeks licence to enter competitive mobile wallet space in India

[rahul1117kumar]

Global payments company PayPal is eyeing a prepaid payment instrument (PPI) licence to enter the competitive mobile wallet space in the country, said three sources familiar with the development.

PayPal's move comes even as the company has been evaluating multiple investments and acquisitions of wallet players in the country.

Paypal: PayPal seeks licence to enter competitive mobile wallet space in India, Telecom News, ET Telecom

 

[Bapun]

Good news if launched. Paypal is one of the best payment system in the US.