The Internet’s Money

Payment processor · Asia-Pacific

Does PayPal work in India?

Partly.

PayPal is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in India can use

PayPal’s products, for a company incorporated in India.

Accept paymentsLimited

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadLimited

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountLimited

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard. Not for businesses in India.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD). Not for businesses in India.

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York. Not for businesses in India.

Available in 200+ markets, but in some (such as Nigeria and Morocco) accounts face limits on receiving money. Indian accounts can only receive international payments.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

Alternatives in India

Other providers that serve businesses registered there.

Selling to India

How people there prefer to pay online.

  1. 1UPI
  2. 2RuPay / Visa / Mastercard
  3. 3Net banking
  4. 4Paytm / PhonePe

Stablecoin rules in India

Elevated riskUnclear

There is no framework, so the legal position is uncertain.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇮🇳 India →

Common questions

Does PayPal work in India?

Partly. PayPal is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which PayPal products can a business in India use?

accept payments, pay people abroad and multi-currency account, with limits.

What are the alternatives to PayPal in India?

Providers that onboard businesses registered in India: Adyen, Payoneer and dLocal. With limits: Stripe, Bridge, BVNK and Rain.

Can a business in India use PayPal for stablecoins?

No, according to our data. Stablecoin rules in India: Unclear (elevated risk). There is no regulatory framework. Crypto is taxed heavily (30% on gains, 1% withheld on transfers), and the RBI is sceptical of private stablecoins.

PayPal elsewhere in Asia-Pacific

Other providers in India