PayPal India Boosts Transaction Limit

By  |  July 29, 2013
 | 

EBay-owned online payment portal PayPal announced that it is raising its merchant transaction limit for Indian users to $10,000, NDTV.com reported. Registered merchants need to confirm their email address and add a Permanent Account number, purpose code and bank account to their PayPal account to be eligible.

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    The move follows regulatory changes made by the Reserve bank of India that now allow the company to increase its per transaction limit.

    To find out what the move means for online merchants in India, click here.


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