SBI partners with PayPal to enable debit card payments online - timesofindia-economictimes
Customers of State Bank of India (SBI) can now use their debit cards on PayPal for buying products from overseas websites. The country's largest bank announced a partnership with digital payments firm, PayPal, on Thursday, enabling this.
The partnership will also allow SBI's Micro Small and Medium Enterprise (MSME) customers to use PayPal's secure payment solutions. "We would also collaborate on providing innovative financial solutions to merchants who are using PayPal services," SBI said.