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PayPal states it will wind down its residential payment procedures in India by April 1 as well as focus on its existing cross-border trade business (Ashwin Manikandan/The Economic Times).

Ashwin Manikandan / The Economic Times:

PayPal says it will wind down its domestic payment operations in India by April 1 and focus on its existing cross-border trade business  —  Mumbai: PayPal Inc. will wind down its payment operations in India this year, a spokesperson said on the condition of anonymity.

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