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Common Services Centres, PayPal partner to fight against Covid-19 in rural India


Common Services Centres, PayPal partner to fight against Covid-19 in rural India
ANI |
Updated: May 26, 2021 12:52 IST
PayPal will support the CSC Academy, the CSR wing of CSC, in setting up PSA oxygen plants in five hospitals in four states one each in Bengaluru (Karnataka), Chennai (Tamil Nadu) and Jaunpur (Uttar Pradesh) and two in Patna (Bihar).
These plants will be fully automated and designed to work unattended with minimum start-up time to generate oxygen with the desired purity within minutes.
Mobile vans sponsored by PayPal will create awareness and provide services like antigen testing, registration for vaccination, basic Covid medicine kits and essential provisions in Karnataka, Bihar, Tamil Nadu and Himachal Pradesh. ....

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PayPal introduces digital foreign inward remittance advice


PayPal introduces digital foreign inward remittance advice
ANI |
Updated: May 12, 2021 13:37 IST
Mumbai (Maharashtra) [India], May 12 (ANI): Digital payments provider PayPal has introduced an automated process to obtain monthly foreign inward remittance advice (FIRA), allowing Indian merchants to download their monthly digital FIRA issued by banks.
The automated process will not require sellers to place manual and individual requests, thereby reducing the time taken to file the paperwork. The initiatives at zero cost are aimed to empower Indian MSME exporters to seamlessly grow their business internationally.
Previously, Indian sellers and freelancers had to send a manual request to PayPal s partner bank and also pay a fee for the service. The bank would then issue FIRA as a physical statement which could take upto 10 days and required the seller to visit the bank to collect the same. ....

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