India is bedrock of development capabilities, will continue to hire: PayPal

Digital payment solutions provider PayPal on Wednesday said India is the “bedrock” of its development capabilities and it continues to hire aggressively in the country to further build and drive the teams.

The US-based company, which had announced its exit from the domestic payment services within India on April 1, said it is focussed on enabling small businesses in the country to leverage digital platforms and expand their cross-border sales.

“We have a significant presence in Chennai and Bengaluru, we have a sales and marketing office within Mumbai and between our payments teams, our merchant teams, a lot of the infrastructure teams are out of India.