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Paypal to set up an operation in India

India will soon be able to shop online through paypal

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PayPal making online shopping simpler for India as a result of the recent push by the Indian government towards digitalization (pixabay)

November 8, 2017, Mumbai: After offering cross-border payments in the country for close to a decade, the Global digital payments major PayPal on Wednesday announced its India operations.

In a statement issued here PayPal Holdings, Inc, said: “At launch, Indian consumers can use PayPal to shop online at some of India’s most popular businesses.”

“Merchants offering PayPal will be able to process both local and global payments through PayPal, getting access to PayPal’s 218 million customers around the world and in India through a single integration.”

“PayPal has been offering cross-border payments in India for close to a decade enabling SMEs and freelancers to leverage the global opportunity,” the company said.

The Indian government’s recent push towards digital payments has also led PayPal to partner with government and state-owned banks on number of initiatives, including digital financial literacy programme and eTourist Visa (eTV), the company said.

“We will be targeting the Global Indian and have partnered with merchants catering to this segment giving them a truly global seamless payments experience.

“India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale. For us, the marathon has just begun,” Anupam Pahuja, Country Manager and Managing Director, PayPal India was quoted as saying in the statement.

“India’s digital payments journey is on a high growth trajectory and we are proud to be a part of it. We are excited about our prospects in a market that is highly inspirational and aspirational,” Rohan Mahadevan, CEO PayPal Private Limited and SVP, General Manager, APAC was quoted as saying in the statement. (IANS)

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LAVA Emerges as The Most Respected Indian Smartphone Brand

Previously, Lava had also emerged as the 'Most Trusted Indian Mobile Phone Brand of the Year' according to TRA's Brand Trust Report 2019

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The 2GB RAM variant of the phone would be launched in August, the company said in a statement.
LAVA most respected Indian smartphone brand: Survey. IANS

LAVA, an Indian mobile phone company on Tuesday announced that it has emerged as the most respected Indian smartphone brand among top 100 tech consumer brands in the country.

The survey was conducted by Forbes India in partnership with TRA Research on top brands across various categories like consumer electronics, consumer appliances, Gadgetry, Internet, FMEG, DTH, telecom and technology.

“It is an absolute honour to be rated the Most Respected Indian Smartphone Brand by consumers and among the leading consumer tech brands in the country. It is encouraging that our consistent effort to make technology accessible to masses is helping us gain the trust of Indian consumers,” Sunil Raina, President and Business Head, Lava International Limited said in a statement.

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Lava, along with Airtel, Reliance and Godrej were the only four Indian brands that featured in the list of Top 30 brands according to Indian consumers. Wikimedia Commons

The Forbes India-TRA Most Reputed Brands Survey 2019 was conducted in eight cities amongst working millennial between the age group of 21-39 years.

Lava, along with Airtel, Reliance and Godrej were the only four Indian brands that featured in the list of Top 30 brands according to Indian consumers.

Also Read: Airtel Brings WiFi Calling Services in India

Previously, Lava had also emerged as the ‘Most Trusted Indian Mobile Phone Brand of the Year’ according to TRA’s Brand Trust Report 2019. (IANS)