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Global financial regulations remain complex, says PayPal CEO; calls UPI the first partner on PayPal World platform

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The regulatory environment globally is complicated because each market is different and regions around the world need to make their own regulatory decisions, PayPal CEO Alex Chriss said on Tuesday.

“We work very hard with regulators to meet their needs, but also push the envelope to help consumers,” Chriss said during a panel discussion at the Global Fintech Fest in Mumbai.

The PayPal CEO added that as a global organisation, PayPal has government relations teams and employees dedicated to serving both regulatory requirements and consumer needs…

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