Last Updated on October 6, 2021 by Rajeev Bagra
Source: PayPal newsletter dated Feb 06, 2021
Dear PayPal user,
We would like to share an important update regarding your PayPal services.
Firstly, we would like to assure you that you can continue to use PayPal to send and receive international payments. However, effective 1 April 2021, PayPal will no longer offer domestic payment services in India. As a result of this, you will not be able to receive INR payments from other PayPal Payments Private Limited users. As stated above, this has no impact on PayPal’s international services, and you can continue to send and receive international payments in line with our User Agreement.
India is an important market for PayPal, and we will continue to invest in product development here that enables Indian businesses to increase their sales internationally. In light of the current market conditions, we believe PayPal can have the greatest impact in helping to revive Indian businesses by focusing all our attention on enabling international payments.
This change to your PayPal account will be implemented automatically and no action is required from you.
We sincerely value you as a PayPal customer and hope you understand our decision. If you have any queries regarding this change, feel free to contact us.