PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
[ad_1] American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a “payment system operator” under the Prevention of Money Laundering Act (PMLA) and has to thus comply with “reporting obligations” under it. Senior counsel appearing for PayPal argued before a bench headed by Chief … Read more