PayPal plans to hire 1200 people in India tech centres this year
This facility will support PayPal’s global markets in risk and compliance.
|, ET Bureau
Jul 24, 2019, 06.31 PM IST
BENGALURU: PayPal plans to hire 1200 people across three research centres in India. The US-based online payment major, which set foot in the country with its first technology centres in Chennai in 2007, opened the third innovation facility in Hyderabad. The company currently has 2500 engineers in India.
The new unit in Hyderabad, which now houses 100 engineers, would primarily focus on using data science, artificial intelligence to build tools for the risk and compliance segment. This facility will support PayPal’s global markets in risk and compliance.
PayPal would recruit employees across roles ranging from junior engineers to senior directors and look at skills in emerging technology areas.
“We continue to constantly look at India as one of the key drivers for talent globally. We will hire nearly 1200 people in the country in 2019,” said Guru Bhat, vice president and Head of Engineering, PayPal India, adding that the facilities in the country have matured over the years and ”every part of PayPal’s product portfolio has some representation here and in most cases significant representation”.
The company, according to Bhat, is looking for back-end Java engineers, product managers, people with analytics data science skills, full stack engineers, UI engineers, UI researchers and so on.
Tushar Shah, senior vice president, Enterprise Platform and Seller Risk, PayPal, said expansion in Hyderabad would help the company find the right set of talent to expand AI capabilities in risk and compliance and beyond. This expansion followed Paypal’s acquisition of fraud prevention platform Simility last year.
Asked about the Delhi High Court notice based on a plea that the company is not authorised to run payment operations in India, Bhat said: “The current regulatory environment that we operate in and the rules that we are beholden to do not require us to be in a direct license regime so from that perspective we are complaint with the rules and regulations. Having said that this is ongoing litigation and we are definitely looking at very seriously. As of now there is no disruption to our service.”
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