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PayPal allows payment withdrawal to Indian Bank Accounts

Good news for large number of SMB merchants

Receiving payments from PayPal was always not a very convenient experience for PayPal merchants in India. Most small to medium digital product sellers use PayPal as it offers zero setup and monthly fee. PayPal used to send payments using Standard Check that too through standard postal mail. Now that they have enabled payment withdrawal directly to Indian Bank Accounts, a major issue hindering PayPal usage in India appears to be gone away.

 

This is really good for lots of merchants and for PayPal too.

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