PayPal is launching two tech centers in India, in order to facilitate growth in areas like artificial intelligence, virtual reality, and the internet of things.

The centers, located in Chennai and Bangalore, respectively, will also help to grow the nation’s evolving fintech startups. Projects in the two innovation labs will be focused on areas like digital payments and virtual reality, along with other technologies.

Additionally, PayPal has an innovation lab in the United States, as well as one in Singapore.

More at BankingTech, Finextra, and PYMNTS.