OYO Rooms ties up with PayPal to make its global expansion more efficient


OYO Rooms global expansion plans go one step further by making payment easy for global consumers. Online payment solutions provider PayPal has tied up with budget hotel room aggregator OYO Rooms to help it source payments from global consumers and allow Indian users to make international bookings.

"Growth of new age businesses like OYO Rooms can be further accelerated if they are protected against online payment risks and frauds," PayPal APAC Regional Merchant Services VP Hamish Moline told PTI.

PayPal's technology protects merchants such as OYO Rooms against unauthorised transactions and mitigates associated risks, he added.

The partnership with PayPal will enable OYO Rooms' customers to pay for their bookings in Malaysia and other South East Asian countries, the two companies said in a joint statement.

"This tie-up with PayPal will assist us in delivering a seamless payment experience through reduced friction during payment process. PayPal is a global leader in payments and we look forward to their network supporting our growth," OYO Rooms COO, Abhinav Sinha told PTI.

(Image credits: indiatimes)