The RBI and Ebays Paypal came to terms in the middle of March. After a halt in business for PayPal in India, they are headed full steam ahead, resuming incredible growth in trade in one of the fastest growing segments of the online commerce world. These events and added protection have improved PayPals position as an online payment force in India.
The resumed confidence in PayPal has had secondary implications which are very positive for small online home businesses in India, United States and around the world. With the online business market place in India surpassing $150 billion US dollars this year, business owners and affiliates are cashing in on the protection of doing business with out of country companies.
One such example has been the explosion of growth in US based Global Domains International. GDI as they are known in the domain registration and affiliate marketing industry has seen an explosion of home job growth in the Indian marketplace. They number of Indian citizens that are enjoying the GDI home jobs affiliate program have been increasing in record numbers since the resumption of PayPal acceptance in India. The vast number of participants have found comfort in being sponsored by people who have originated from India and now reside in the United States. As stated by Pranav " Paypal has been the key to my growth in my homeland market. Since my move to Chicago, I have added more affiliates from my hometown in India than I ever thought possible." Mr. Patel continues to succeed in his online home business by directing his website traffic which is Indian based to the GDI video domain registration program.
Our expectations are that the continued and growing confidence in Ebays PayPal will grow our world wide affiliate marketplace by over 20% in the next 12 months. We could not be more excited to be offering this worldwide opportunity utilizing a PayPal approved system, that has been operating in the US, UK, Brazil and China for over a decade.