Update: In a phone conversation, Praveen Samariya, the cofounder of AHA Taxis, said that the PayPal payment option was only meant for international users, since RBI's guidelines did not allow for digital payments without a two factor authentication in India. He said that Indian users would get an error if they tried to pay through PayPal and sent us a screenshot of the same: We'll get in touch with PayPal and update this story once the company responds. 29 July: Online intercity cab aggregator AHA Taxis has partnered with PayPal to integrate the PayPal payment gateway within AHA Taxis’ apps on Android, iOS, Windows and mobile and desktop web. Last month, AHA expanded to 20 cities and towns and now claims to be present in over 350 cities in the country. The PayPal integration is targeted especially for international users in India and will let them pay through their own currency, but it is, by default, available to all of AHA Taxis users, including Indians. AHA Taxis claims that 20% of its business in the country comes from international users. Concerns over two factor authentication We think that this is a great move for all users, given those who have an aversion to cash or disclosing credit/debit card information. However, we’d also like to point out that AHA Taxis is very likely violating the Reserve Bank of India’s (RBI) guidelines for ‘card not present transactions’ which mandate that there should be two-factor authentication for card payments online and that…
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