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Paypal has partnered with the India-based multinational lender in an effort to expand its presence in the Indian market. HDFC serves 35 million cardholders domestically.
The deal with HDFC Bank is aimed at delivering a safer and faster online payment experience to the bank’s customers. The partnership is expected to stimulate digital spending in India, particularly among HDFC Bank cardholders. The lender has over 35 million payment cards in use across India. HDFC Bank cardholders are expected to enjoy more convenience when buying from PayPal’s nearly 20 million merchants around the world.
https://marketrealist.com/2018/08/paypal-partners-with-indias-hdfc-bank
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