OYO Rooms partners with PayPal for global transactions
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PayPal has tied up with budget hotel room aggregator OYO Rooms to allow Indian users to make international bookings, the Economic Times reports.
The partnership with PayPal will enable OYO Rooms customers to pay for their bookings in Malaysia and other Southeast Asian countries, the two companies said in a joint statement.
“Growth of new age businesses like OYO Rooms can be further accelerated if they are protected against online payment risks and frauds,” PayPal Asia Pacific’s vice president of regional merchant services, Hamish Moline said.
PayPal’s technology protects merchants against unauthorised transactions and mitigates associated risks, he added.
“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,” said Abhinav Sinha, COO of OYO Rooms.
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