PayPal opens Third Tech Centre in India
Hyderabad, 24 July 2019: Digital payments platform PayPal opened its third global technology centre in Hyderabad. The two other centres are in Chennai and Bengaluru.
"The Hyderabad facility would house around 100 engineers across roles, including risk management and operations, to provide cutting-edge digital payments solutions to customers around the world," said Guru Bhat, Vice-President and Head of Engineering, PayPal India, said to Pixr8 News.
The expansion follows the acquisition of fraud prevention platform Simility in 2018. The new centre will focus on leveraging PayPal's extensive expertise in data science, risk management and machine learning to empower small and medium-sized businesses to identify and protect themselves from fraud.
The Nasdaq-listed firm said the Hyde...