Delhi High Court seeks Finance Ministry reply to PayPal appeal against order deeming it a Payment System Operator under PMLA

The High Court said that the matter is very important and it requires a detailed response from the Central government.
PayPal and Delhi High Court
PayPal and Delhi High Court

The Delhi High Court has made the Union Ministry of Finance a party to the appeal filed by online payment platform PayPal against an order categorising it as a Payment System Operator (PSO) under the Prevention of Money Laundering Act (PMLA) [PayPal Payments Private Limited v. Financial Intelligency Unit India through Additional Director & Anr].

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