Paypal simplifies payment process for indian sellers with online firc option
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Narsi Subramanian, Director, Growth, PayPal India said, “A key objective at PayPal is to let sellers and freelancers focus on providing services while we simplify the payment process for
them in the background. Indian online sellers and freelancers are expected to contribute as much as 40% towards future revenue generation and economic growth. We see immense potential in the
India SMEs, freelancers and merchants, and aim to streamline the payment process for them as they chase their aspirations. The revised FIRC process is hassle free and cuts down the time and
efforts taken to process and formalize payments. By simplifying the process of accepting international transactions, we want to encourage sellers to tap the global marketplace.”