US-based PayPal, a digital payment firm, today announced Guru Bhat as the General Manager of the Chennai Technology Center in India.

Guru will be responsible for driving PayPal’s technology strategy in Chennai, as the San Jose-based company builds on its next-generation payment solutions and services. Guru has 19 years of international experience in the technology sector. His most recent stint was with Ericsson India, where he headed R&D Operations.

“We strongly believe that his knowledge and commitment will be invaluable as we look to build payments for the future.” said Anupam Pahuja, General Manager, Technology of PayPal APAC.

In India, PayPal works only for cross-border transactions. Recently, the company tied up with e-commerce platform solutions provider, Shopmatic, to enable its merchants to expand their sales globally. This was PayPal’s first tie-up with an Indian partner.

Source: The Economic Times Tech