PayPal India has also announced its plans for campus hires from top engineering colleges across India.
The company highlighted that the pandemic has accelerated the shift towards digital payments and highlighted the benefits of adopting a digital first approach.
PayPal's products and services have become even more relevant now and hence, the need to focus on technology innovation across AI/ML, Data Science, Risk and Security, Customer Experience and other key areas, it said.
"Our India Technology Centres are the largest for PayPal outside of the US and play a pivotal role in enabling us to constantly innovate and remain ahead of the curve," Guru Bhat, VP Omni Channel & Customer Success, GM PayPal India, said.
He added that as digital payments move from a nice-to-have to an essential service, the company is focused on investing in and nurturing world-class technology talent to continue to offer products and services that meet the needs of its growing base of consumers and merchants.
Last month, Paypal said it will stop offering domestic payment services within India from April 1, and instead focus on enabling more international sales for Indian businesses.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.