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Does India have PayPal

PayPal is available in India, but it can only be used for international transactions and not for domestic transfers between Indian users.

Indian users can receive payments from overseas clients or shop on international websites using PayPal. However, you cannot send or receive money within India through PayPal, and you cannot hold a digital wallet balance. To receive international payments, you generally need a verified Business account linked to your PAN card. According to RBI regulations, any foreign currency received through PayPal is automatically converted to Indian Rupees and transferred to your local bank account within 24 to 72 hours. Domestic payments, wallet storage, and peer-to-peer transfers within India are not supported by PayPal.

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