Shop Over­seas With PayPal

Paypal is “the re­gion’s pre­ferred way to pay on­line and on mo­bile,” but do you know why?

HWM (Malaysia) - - LEARN - TEXT // LEO BOON YEOW

To­day, PayPal has a to­tal of 1.5 mil­lion ac­tive users through­out the South­east Asian re­gion (Sin­ga­pore, In­done­sia, Malaysia, Laos, Brunei, Cam­bo­dia, Philip­pines, Thai­land, and Viet­nam), pur­chas­ing from sev­eral mil­lion mer­chants spread out glob­ally.

Due to its in­cred­i­ble reach, PayPal has man­aged to es­tab­lish it­self as one of the ma­jor play­ers in the on­line pay­ments in­dus­try, eclips­ing ri­vals like World­pay, as well as Chi­nese up­start, Ali­pay. The to­tal amount pro­cessed through PayPal in 2012 reached a whop­ping US$145 bil­lion. Ac­cord­ing to PayPal, that num­ber is only grow­ing year-on-year.

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