Bengaluru: PayPal-Razorpay Partnership: PayPal partners with Razorpay to help Indian MSMEs and freelancers go global. The company’s partner businesses can now integrate with PayPal and accept payments from international customers from across 200 markets in a convenient, fast and secure manner, Razorpay said in a release.
Traditionally, micro-entrepreneurs have found it difficult to accept international payments on cards via payment gateways as many of them could not pass the eligibility checks at the banks’ end. By integrating PayPal into Razorpay’s payment platform, freelancers and MSMEs will now be able to accept international payments without having to write a single line of code, Razorpay said.
“Partnering with a globally recognised organization like PayPal with the expertise and experience of enabling digital payments for SMEs and freelancers will allow us to further empower our businesses and open new growth avenues for them not just within India but internationally,” Amitabh Tewary, Chief Innovation Officer, Razorpay, said in a statement.