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Digital payments company PayPal on Tuesday announced a partnership with hotels aggregator OYO Rooms under which it will help the company source payments from global consumers and help Indian consumers make international bookings.
Hamish Moline, Regional Merchant Services, PayPal Asia-Pacific, said, “Growth of new age businesses like OYO Rooms can be further accelerated if they are protected against online payment risks and frauds. PayPal’s technology protects merchants such as OYO Rooms against unauthorized transactions and mitigates associated risks.”
This tie-up will assist OYO in delivering a seamless payment experience through reduced friction during payment process, said Abhinav Sinha, COO, OYO Rooms.
It will also enable customers across the globe to pay for their bookings in Malaysia and other South East Asian countries via PayPal.
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