Digital payments platform PayPal has revealed that it would hire more than 1,000 engineers this year for its India development centres across Bengaluru, Chennai, and Hyderabad.

PayPal would hire over 1,000 engineers for the development centres in these three cities over the course of the year across software, data science, product development, risk analytics and business analytics streams at entry, mid-level, and senior roles, a statement said.

Furthermore, PayPal India has also announced its plans for campus hires from top engineering colleges across India. Presently, the India Technology Centres employs about 4,500 people across the three centres.

The company has highlighted that the pandemic has accelerated the shift towards digital payments and highlighted the benefits of adopting a digital first approach.

PayPal's products and services have become even more relevant now and hence, the need to focus on technology innovation across AI/ML, Data Science, Risk and Security, Customer Experience and other key areas, it said.

Guru Bhat, VP Omni Channel & Customer Success, GM PayPal India, says, "Our India Technology Centres are the largest for PayPal outside of the US and play a pivotal role in enabling us to constantly innovate and remain ahead of the curve."

He added that as digital payments move from a nice-to-have to an essential service, the company is focused on investing in and nurturing world-class technology talent to continue to offer products and services that meet the needs of its growing base of consumers and merchants.

Last month, Paypal announced that it would stop offering domestic payment services within India from April 1, and as an alternative would focus on enabling more international sales for Indian businesses.