PayPal, a digital payments platform has announced its strategic partnership with and HDFC Bank to offer safer, faster and convenient payment experiences for the bank’s cardholders. To initiate incremental digital spend, the HDFC cards will be presented as a payment option during enrollment and subsequent payments, with the ability for consumers to easily open PayPal accounts and set it as their preferred payment method.
The partnership will create a number of joint growth opportunities that will advance PayPal and HDFC Bank’s shared vision of offering consumers greater choice and flexibility in managing their money.
Source- Deccan Chronicle
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Anupam Pahuja is the MD of PayPal India.
- HDFC Bank- India’s largest private bank by market capitalization.
- HDFC Bank Chairman- Aditya Puri, Headquarters- Mumbai.