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SBI partners PayPal to enable debit card payments online

Thursday 21 May 2015 11:55 CET | News

State Bank of India (SBI) has partnered PayPal to enable customers to use their debit cards for buying products from overseas websites.

The partnership will also allow SBIs Micro Small and Medium Enterprise (MSME) customers to use PayPals payment solutions, indiatimes.com reports.

In recent news, the Consumer Financial Protection Bureau (CFPB) has filed a complaint in federal court, claiming that PayPal is to pay USD 25 million fine as it has intentionally mislead its customers to use credit lines rather than payment options.


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Keywords: SBI, partnership, PayPal, debit card, online payments, e-payments, Payments Gateway, online sales
Categories: Payments & Commerce
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Countries: World
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