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Digital platforms provide a host of challenges for governments. Questions about how to best protect privacy, democracy, and speech online become more pressing every year. But policies that affect online platforms also affect international trade. Many…
Global technology platform and digital payments company PayPal Holdings has launched in India. This enables Indian consumers to use PayPal to shop online. Merchants offering PayPal will be able to process both local and global payments, gaining access to the…
Online payments company PayPal has set up two new innovation labs at its Chennai and Bangalore tech centers in India. These are the first of such facilities in India set up by the company and third globally after the US and Singapore. These labs will support…
The Hong Kong Monetary Authority (HKMA) said on Friday that it had granted stored value facilities (SVF) licences to eight more issuers including Paypal Hong Kong Limited, bringing the total to 13. “We are pleased to see companies with diverse backgrounds…
Asia Pacific leads the world in mobile cross-border shopping, according to the third PayPal Annual Global Report, released in conjunction with global market research company Ipsos. With its investigation of the online domestic and cross-border shopping habits…
While digital commerce is strong in the world’s two largest economies, Chinese shoppers use smartphones and tablets more than shoppers in the US. This is shown in a new study from IAB (Interactive Advertising Bureau) and IAB China, Understanding Digital…
PayPal, a global leader in digital payments, has appointed Somwang Luangphaiboonsri as Country Lead of its Thailand subsidiary. As Country Lead, Mr. Somwang will be responsible for assisting PayPal to capitalize on the explosive growth of cross-border…
Tokyo-based craft products retailer DigitalStudio has launched Discovery Japan Mall, a cross-border eCommerce venture. Specialising in Japanese brands, the mall’s initial catalogue includes mainly toys, fishing gear, cosmetics, food, watches and fashion.…
TravelersBox kiosks are being launched in Asian airports allowing travellers to deposit their leftover foreign coins into their preferred online accounts. More than 40 are expected to be service by the end of the year. TravelersBox is the first service…
An eCommerce company that sells printer inks and sanitary napkins, C-Connect, has launched Ippin, an online shopping mall that specialises in direct sales and distribution from Japan to other countries. Ippin not only sells products made in Japan, but also…
Malaysian online payment service iPay88 has entered a collaboration with online payment company PayPal to promote and support cross-border trade for iPay88 merchants. For small businesses in particular, cross-border eCommerce provides a chance to sell to the…
Service providers and their millions of users are affected by a significant regulatory change to China online payments announced by the Chinese Central Bank. From July 1, third-party online payment service providers must ensure that all user accounts bear the…
Having finalised its split from eBay, PayPal is now an independent public company trading on the Nasdaq as PYPL. Dan Schulman, president and CEO of PayPal, said the business would be focussing on enabling digital payments on a “technology agnostic platform…
EBay plans to grow by thinking small as it prepares for life apart from PayPal. The company says it is focusing on expanding the number of small- to mid-size businesses and individuals who buy and sell items on its popular online marketplace. That comes as it…
PayPal Australia has passed the managing director baton to an outsider by announcing former AMP corporate super director Libby Roy has taken the reins from Jeff Clementz who is returning to the US. The changing of the guard comes at an important time for…
Paypal executive Don Kingsborough, who helped orchestrate the payments company’s move into physical retail stores, stepped down in January, the company said on Wednesday. His departure, which tech blog Re/code first reported, comes as the company competes…
